AVALOCH FARM MUSIC INSTITUTE INC C/0 TAUBER FAMILY OFFICE LLC

EIN: 452767963 501(c)(3) Education

ROCKVILLE, MD

Total Revenue
$726,464
Total Expenses
$1,095,507
Total Assets
$6,868,113
Net Assets
$6,810,749
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NH
Principal Officer
ALFRED I TAUBER
Phone
3012318334
Tax Period
2024-01-01 to 2024-12-31

AVALOCH FARM MUSIC INSTITUTE INC C/0 TAUBER FAMILY OFFICE LLC, founded in 2011, is a small nonprofit in the Education sector that reported $726K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $1.1M exceeded revenue, resulting in a 51% operating deficit.

Mission

AVALOCH FARM MUSIC INSTITUTE, INC. (THE INSTITUTE), A NOT-FOR-PROFIT DELAWARE CORPORATION LOCATED AND OPERATED IN BOSCAWEN, NEW HAMPSHIRE, WAS ORGANIZED IN 2011 TO OFFER YOUNG DEVELOPING MUSICIANS THE OPPORTUNITY TO FORGE THEIR MUSICAL IDENTITIES THROUGH IN-PERSON MUSIC RESIDENCY PROGRAM THAT INCORPORATES COLLABORATIVE ACTIVITIES AND OTHER EDUCATIONAL ACTIVITIES AT THE 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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $307,417
Program Service Revenue $345,694
Investment Income $20,155
Other Revenue $53,198
TOTAL REVENUE $726,464

Expense Breakdown

Grants Paid $2,500
Salaries & Benefits $446,312
Fundraising Expenses $74,786
Program Expenses $812,921
Other Expenses $632,495
TOTAL EXPENSES $1,095,507

Year-over-Year Comparison

2024 2023 Change
Revenue $726,464 $656,569 +0.1%
Expenses $1,095,507 $970,720 +0.1%
Net Income $-369,043 $-314,151 +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

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Liquidity & Cash Position

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

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Governance

Voting Members
9
Independent Members
9
Employees
22
Volunteers
6

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
2
$79,163
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ASHLEY BATHGATE EXECUTIVE DI 40.00
Officer
$79,163 $0 $79,163
W HALLOWELL CHURCHILL DIRECTOR 1.00
Director
$0 $0 $0
MASON DONOVAN DIRECTOR 1.00
Director
$0 $0 $0
PAULA L FREDRIKSEN TREASURER & 5.00
Director
$0 $0 $0
THOMAS F KELLY DIRECTOR 1.00
Director
$0 $0 $0
DAVID POST VICE PRESIDE 1.00
Officer Director
$0 $0 $0
PATRICIA MATOS PUENTE DIRECTOR 1.00
Director
$0 $0 $0
THOMAS RILEY DIRECTOR 1.00
Director
$0 $0 $0
IAN ROSENBAUM DIRECTOR 1.00
Director
$0 $0 $0
ALFRED I TAUBER PRESIDENT, D 15.00
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 $726,464 $1,095,507 $6,868,113 $-369,043
2023 $656,569 $970,720 $7,044,394 $-314,151
2022 $333,922 $830,097 $7,169,181 $-496,175
2021 $116,811 $614,515 $7,996,786 $-497,704
2020 $178,556 $468,387 $8,623,297 $-289,831
2019 $410,797 $787,820 $9,004,512 $-377,023
2018 $704,021 $793,546 $8,919,655 $-89,525
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