NY LAUREATE ORCHESTRA INC

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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

2011

Legal Domicile

Principal Officer

KYOUNGSOO KIM

Phone

3478792618

Tax Period

2024-01-01 to 2024-12-31

NY LAUREATE ORCHESTRA INC, founded in 2011, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $32K in total revenue in fiscal year 2024. Expenses of $37K exceeded revenue, resulting in a 16% operating deficit.

Mission

CHARITABLE ORCHESTRA PERFORMANCE TO THE PUBLIC INCLUDING LOCAL SENIOR CITIZEN CENTERS, CHURCHES, HOSPITALS,ETC.

Program Service Accomplishments

Program 1

Expenses: $35,408

CHARITABLE ORCHESTRA PERFORMANCE TO THE PUBLIC INCLUDING LOCAL SENIOR CENTERS, CHURCHES, HOSPITALS, ETC.

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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 $31,831

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $31,831

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $36,945

Other Expenses $36,945

TOTAL EXPENSES $36,945

Year-over-Year Comparison

	2024	2023	Change
Revenue	$31,831	$33,189	0.0%
Expenses	$36,945	$39,411	-0.1%
Net Income	$-5,114	$-6,222	-0.2%

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

N/A

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
KYOUNGSOO KIM	CONDUCTOR	N/A	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	No data	No data	No data	No data
2024	$31,831	$36,945	$54,164	$-5,114
2023	$33,189	$39,411	$57,235	$-6,222
2022	$32,674	$42,867	$63,825	$-10,193
2021	$36,033	$42,469	$78,916	$-6,436
2020	$38,810	$28,808	$80,315	$10,002
2019	$42,619	$37,215	$69,255	$5,404
2018	$28,795	$27,479	$103,574	$1,316