Asheville, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Asheville Music School Sound Education, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $275K in total revenue in fiscal year 2023. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $267K left a modest 3% surplus.
To provide affordable and accessible music lessons, workshops, tutoring, coaching and outreach music performances to youth, families seniors and people with disabilities in need.
Music Education - To provide affordable and accessible music lessons, workshops, tutoring, coaching and outreach music performances to youth, families, seniors and people with disabilities in need of...
Music Education - To provide affordable and accessible music lessons, workshops, tutoring, coaching and outreach music performances to youth, families, seniors and people with disabilities in need of financial and social assistance.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $275,226 | $236,785 | +0.2% |
| Expenses | $266,794 | $258,902 | +0.0% |
| Net Income | $8,432 | $-22,117 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Charlotte Sommers | Business Manager | 20.00 |
Key Emp
|
$13,606 | $0 | $13,606 |
| Ryan Reardon | Ex Officio | 40.00 |
Officer
Key Emp
|
$43,132 | $0 | $43,132 |
| James Bixby | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Danny McClinton | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| John Barnard | Treasurer | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Douglas Haynes | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Christopher Youngblood | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Andre Cholmondeley | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Linda Kendall Fields | Chair | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Lockie Hunter | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Geert Bevin | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Kim Roney | Secretary | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $275,226 | $266,794 | $377,144 | $8,432 |
| 2023 | $236,785 | $258,902 | $365,644 | $-22,117 |
| 2022 | $372,538 | $208,421 | $386,267 | $164,117 |
| 2021 | $169,569 | $190,808 | $249,264 | $-21,239 |
| 2020 | $211,537 | $220,752 | $174,466 | $-9,215 |
| 2019 | $191,070 | $223,007 | $169,635 | $-31,937 |
Compare Asheville Music School Sound Education with other nonprofits in North Carolina and across the country.