COMMON CHORD (EIN 432005678) - 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

2003

Legal Domicile

Principal Officer

TYSON DANNER

Phone

5633261333

Tax Period

2023-07-01 to 2024-06-30

COMMON CHORD, founded in 2003, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.3M in total revenue in fiscal year 2023. Revenue surged 159% from the prior year, signaling strong growth momentum. The organization ran a surplus of $940K, a strong 41% operating margin.

Mission

COMMON CHORD ACTIVATES THE POWER OF MUSIC TO IMPROVE OUR COMMUNITY. COMMON CHORD PROVIDES CONCERTS, EDUCATIONAL PROGRAMS, AND COMMUNITY MUSIC PROGRAMS.

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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 $1,926,706

Program Service Revenue $111,869

Investment Income $2,602

Other Revenue $261,812

TOTAL REVENUE $2,302,989

Expense Breakdown

Grants Paid $0

Salaries & Benefits $529,552

Fundraising Expenses $109,688

Program Expenses $987,386

Other Expenses $833,731

TOTAL EXPENSES $1,363,283

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,302,989	$890,293	+1.6%
Expenses	$1,363,283	$1,176,818	+0.2%
Net Income	$939,706	$-286,525	-4.3%

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
AMY BEHNING	DIRECTOR	1.00	Director	$0	$0	$0
ROSS CARLSON	TREASURER	1.00	Officer Director	$0	$0	$0
JACK CULLEN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
COREY KENDRICK	DIRECTOR	1.00	Director	$0	$0	$0
JEN MORTON	DIRECTOR	1.00	Director	$0	$0	$0
KIM NICKELS	SECRETARY	1.00	Officer Director	$0	$0	$0
KELVIN OJO	DIRECTOR	1.00	Director	$0	$0	$0
SUE RAMSETT	DIRECTOR	1.00	Director	$0	$0	$0
SAM RUSSELL	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN SCHOU	DIRECTOR	1.00	Director	$0	$0	$0
TRACY SINGLETON	DIRECTOR	1.00	Director	$0	$0	$0
MATT SIVERTSEN	CHAIR	1.00	Officer 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	$2,302,989	$1,363,283	$3,166,695	$939,706
2023	$890,293	$1,176,818	$3,614,382	$-286,525
2022	$1,649,242	$1,461,927	$3,858,577	$187,315
2021	$1,277,856	$1,217,510	$3,769,931	$60,346
2020	$1,140,872	$1,155,972	$3,517,785	$-15,100
2019	$299,865	$1,296,986	$3,480,721	$-997,121
2018	$1,170,768	$1,398,880	$4,556,473	$-228,112

COMMON CHORD