SCHOOL OF AMERICAN MUSIC (EIN 455027554) - 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

2012

Legal Domicile

Principal Officer

TOM FLINT

Phone

2694091191

Tax Period

2023-01-01 to 2023-12-31

SCHOOL OF AMERICAN MUSIC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $272K in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $189K, a strong 69% operating margin.

Mission

TO PROVIDE EDUCATION, PERFORMANCE, AND AUDIENCE OPPORTUNITIES IN MUSIC AND THE RELATED ARTS IN SOUTHWEST MICHIGAN

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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 $230,664

Program Service Revenue $36,213

Investment Income $5,260

Other Revenue $0

TOTAL REVENUE $272,137

Expense Breakdown

Grants Paid $8,235

Salaries & Benefits $12,000

Fundraising Expenses $0

Program Expenses $70,661

Other Expenses $63,360

TOTAL EXPENSES $83,595

Year-over-Year Comparison

	2023	2022	Change
Revenue	$272,137	$195,808	+0.4%
Expenses	$83,595	$82,946	+0.0%
Net Income	$188,542	$112,862	+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

N/A

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

$12,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
TOM FLINT	PRESIDENT	1.00	Officer Director	$0	$0	$0
MARY WILSON	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
WILLIAM KORBEL	TREASURER	1.00	Officer Director	$0	$0	$0
ARTHUR ANDERSON	SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN BALICH	DIRECTOR	1.00	Director	$0	$0	$0
HANK BINSWANGER	DIRECTOR	1.00	Director	$0	$0	$0
MARCO CHAVARRY	DIRECTOR	1.00	Director	$0	$0	$0
DAVE GROSSE	DIRECTOR	1.00	Director	$0	$0	$0
TOM PARISI	DIRECTOR	1.00	Director	$0	$0	$0
PATRICIA PUTNAM	DIRECTOR	1.00	Director	$0	$0	$0
DIANE RUZEVICH	DIRECTOR	1.00	Director	$0	$0	$0
D GARTH TAYLOR	DIRECTOR	1.00	Director	$0	$0	$0
DENISE VANDENBUSSCHE	DIRECTOR/TEACHER	1.00	Director	$12,000	$0	$12,000

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	No data	No data	No data	No data
2023	$272,137	$83,595	$620,265	$188,542

SCHOOL OF AMERICAN MUSIC