MUSIC IN WORLD CULTURES INC (EIN 411689631) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1989

Legal Domicile

Principal Officer

STEPHEN BENHAM

Phone

4123961887

Tax Period

2024-01-01 to 2024-12-31

MUSIC IN WORLD CULTURES INC, founded in 1989, is a small nonprofit in the Arts, Culture & Humanities sector that reported $432K in total revenue in fiscal year 2024.

Mission

ADVANCE MUSIC CULTURE, SUPPORT CHURCH-RELATED TRAINING AND OUTREACH WORK IN THE U.S. AND ABROAD.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $229,732

Program Service Revenue $202,421

Investment Income $2

Other Revenue $0

TOTAL REVENUE $432,155

Expense Breakdown

Grants Paid $0

Salaries & Benefits $146,874

Fundraising Expenses $0

Program Expenses $373,633

Other Expenses $303,659

TOTAL EXPENSES $450,533

Year-over-Year Comparison

	2024	2023	Change
Revenue	$432,155	$406,116	+0.1%
Expenses	$450,533	$371,341	+0.2%
Net Income	$-18,378	$34,775	-1.5%

Key Indicators

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

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$14,250

Total Directors

$14,250

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
STEPHEN BENHAM	PRESIDENT AND CHAIR OF THE BOARD	15.00	Officer Director	$14,250	$0	$14,250
PHILIP BRATTEN	DIRECTOR AND TREASURER	2.00	Officer Director	$0	$0	$0
MARK KUHLMAN	DIRECTOR AND SECRETARY	5.00	Officer Director	$0	$0	$0
TIMOTHY SAWYER	DIRECTOR AND VICE CHAIR OF THE BOARD	1.00	Officer Director	$0	$0	$0
DAVID HOEHL	DIRECTOR	1.00	Director	$0	$0	$0
HEATHER HOOD	DIRECTOR	1.00	Director	$0	$0	$0
DEBORAH BARBER	DIRECTOR	3.00	Director	$0	$0	$0
KRIS KOENIGSBERG	DIRECTOR	1.00	Director	$0	$0	$0
NICOLE JORDAN	DIRECTOR	1.00	Director	$0	$0	$0
HUNTLEY BROWN	DIRECTOR	1.00	Director	$0	$0	$0
KIM GRUESER	DIRECTOR	2.00	Director	$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
2024	$432,155	$450,533	$63,455	$-18,378
2023	$406,116	$371,341	$80,202	$34,775
2022	$438,768	$431,871	$28,752	$6,897
2021	$175,855	$203,368	$18,784	$-27,513
2020	$193,259	$159,092	$41,312	$34,167
2019	$213,544	$227,513	$14,840	$-13,969
2018	$189,975	$187,612	$25,579	$2,363

MUSIC IN WORLD CULTURES INC