MUSIC-ARTS INSTITUTE (EIN 431245831) - 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

1981

Legal Domicile

Principal Officer

DICK WILSON

Phone

8168361998

Tax Period

2023-08-01 to 2024-07-31

MUSIC-ARTS INSTITUTE, founded in 1981, is a small nonprofit in the Arts, Culture & Humanities sector that reported $375K in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

MUSIC/ARTS INSTITUTE, GREATER KANSAS CITY'S COMMUNITY SCHOOL OF PERFORMING ARTS, TEACHES STUDENTS, YOUNG AND OLD ALIKE, TO EMBRACE BEAUTY AND PROFESSIONALISM IN THE ARTS. SHAPING TOMORROW'S PERFORMERS IS THE TASK TO WHICH THE DISTINGUISHED FACULTY ADDRESSES ITSELF. CARING FOR AND NURTURING THE STUDENT IN EVERY ASPECT OF MUSICIANSHIP, ARTISTRY, AND LIFE PREPARATION IS THE GOAL OF MUSIC/ARTS INSTITUTE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $173,455

Program Service Revenue $191,769

Investment Income $9,322

Other Revenue $414

TOTAL REVENUE $374,960

Expense Breakdown

Grants Paid $66,640

Salaries & Benefits $88,980

Fundraising Expenses $380

Program Expenses $210,631

Other Expenses $227,469

TOTAL EXPENSES $383,089

Year-over-Year Comparison

	2023	2022	Change
Revenue	$374,960	$319,987	+0.2%
Expenses	$383,089	$350,071	+0.1%
Net Income	$-8,129	$-30,084	-0.7%

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

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
DICK WILSON	PRESIDENT	2.00	Officer Director	$0	$0	$0
DEBBIE O'RENICK	VICE PRESIDE	2.00	Officer Director	$0	$0	$0
ELIZABETH MCCLURE	SECRETARY	2.00	Officer Director	$0	$0	$0
BRUCE DICKERSON	TREASURER	2.00	Officer Director	$0	$0	$0
KRISTIE AGEE	DIRECTOR	1.00	Director	$0	$0	$0
MARK ETTER	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTIE PRATT	DIRECTOR	1.00	Director	$0	$0	$0
DORIS NEGAARD	DIRECTOR	1.00	Director	$0	$0	$0
CHELSEA MCCLAIN PIERCE	DIRECTOR	1.00	Director	$0	$0	$0
BRENT SCHONDELMEYER	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN WATKINS	DIRECTOR	1.00	Director	$0	$0	$0
BOB WATKINS	DIRECTOR	1.00	Director	$0	$0	$0
MATT BRILLHART	DIRECTOR	1.00	Director	$0	$0	$0
JUSTIN FERGUSON	DIRECTOR	1.00	Director	$0	$0	$0
MATT BEEM	DIRECTOR	1.00	Director	$0	$0	$0
CELESTE J MADDOCKS	DIRECTOR	1.00	Director	$0	$0	$0
RON CLEMONS	EXECUTIVE DI	20.00	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
2025	No data	No data	No data	No data
2024	$374,960	$383,089	$675,654	$-8,129
2023	$319,987	$350,071	$655,647	$-30,084
2022	$632,989	$324,967	$686,974	$308,022
2021	$388,053	$348,241	$378,240	$39,812
2020	$367,721	$313,871	$347,752	$53,850
2019	$478,624	$456,661	$241,215	$21,963
2019	$478,624	$391,021	$306,855	$87,603

MUSIC-ARTS INSTITUTE