IOWA OPERATORS OF MUSIC & AMUSEMENT (EIN 391874231) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

IRA MILLER

Phone

3194616296

Tax Period

2024-08-01 to 2025-07-31

IOWA OPERATORS OF MUSIC & AMUSEMENT, founded in 1991, is a small nonprofit that reported $182K in total revenue in fiscal year 2024. Revenue grew 8% year-over-year, indicating healthy expansion. The organization ran a surplus of $78K, a strong 43% operating margin.

Mission

PROVIDE A STATE ASSOCIATION FOR THE ADVANCEMENT, COORDINATION, AND ADMINISTRATION OF PROGRAMS FOR THE BENEFIT AND EDUCATION OF MEMBERS AND THE PUBLIC RELATING TO COIN OPERATED AMUSEMENTS DEVICES AND MUSIC MACHINES

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $97,495

Program Service Revenue $0

Investment Income $14,507

Other Revenue $69,735

TOTAL REVENUE $181,737

Expense Breakdown

Grants Paid $0

Salaries & Benefits $17,372

Fundraising Expenses $0

Program Expenses $102,576

Other Expenses $86,254

TOTAL EXPENSES $103,626

Year-over-Year Comparison

	2024	2023	Change
Revenue	$181,737	$167,504	+0.1%
Expenses	$103,626	$134,857	-0.2%
Net Income	$78,111	$32,647	+1.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
REGGIE HORAK	DIRECTOR	2.00	Director	$0	$0	$0
NICK ROBERTS	DIRECTOR	2.00	Director	$0	$0	$0
RICH BILLMEYER	DIRECTOR	2.00	Director	$0	$0	$0
AARON RAMOS	DIRECTOR	2.00	Director	$0	$0	$0
BRIAN LEISURE	DIRECTOR	2.00	Director	$0	$0	$0
DAVID LYMAN	DIRECTOR	2.00	Director	$0	$0	$0
KYLE GREEN	DIRECTOR	2.00	Director	$0	$0	$0
TARA SCUDDER	DIRECTOR	2.00	Director	$0	$0	$0
JAKE AUSTIN	DIRECTOR	2.00	Director	$0	$0	$0
ACE LEIDING	PRESIDENT	10.00	Officer	$0	$0	$0
TOM WOHLERS	VICE PRESIDENT	10.00	Officer	$0	$0	$0
CURT GREEN	SECRETARY/TREASURER	10.00	Officer	$0	$0	$0
LEE KRUGER	SGT. OF ARMS	5.00	Officer	$0	$0	$0
IRA MILLER	EXECUTIVE DIRECTOR	5.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$181,737	$103,626	$458,497	$78,111
2024	$167,504	$134,857	$369,434	$32,647
2023	$98,762	$96,451	$336,381	$2,311
2022	$112,145	$66,849	$330,008	$45,296
2021	$42,104	$64,215	$291,235	$-22,111
2020	$57,867	$83,241	$313,346	$-25,374
2018	$83,090	$59,712	$370,010	$23,378

IOWA OPERATORS OF MUSIC & AMUSEMENT