AKROPOLIS QUINTET INC (EIN 461395008) - 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

MATTHEW LANDRY

Phone

7347884934

Tax Period

2024-07-01 to 2025-06-30

AKROPOLIS QUINTET INC, founded in 2012, is a small nonprofit in the Arts, Culture & Humanities sector that reported $414K in total revenue in fiscal year 2024. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $455K exceeded revenue, resulting in a 10% operating deficit.

Mission

AKROPOLIS QUINTET, INC. IS A 501(C)(3) NONPROFIT ORGANIZATION CREATED BY AND GOVERNING THE CONTEMPORARY MUSIC ENSEMBLE, THE AKROPOLIS REED QUINTET. THEIR MISSION IS TO CREATE A MORE VIBRANT SOCIETY WITH GREATER ACCESSIBILITY TO CONTEMPORARY MUSIC THROUGH OUR QUINTET'S ARTISTIC EXCELLENCE UTILIZED IN PERFORMANCES, EDUCATIONAL WORKSHOPS, AND COMMUNITY ENGAGEMENT. THE ENSEMBLE WAS FOUNDED IN 2009 AT THE UNIVERSITY OF MICHIGAN AND THE NONPROFIT WAS CREATED IN NOVEMBER 2015.

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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 $148,112

Program Service Revenue $260,128

Investment Income $0

Other Revenue $5,591

TOTAL REVENUE $413,831

Expense Breakdown

Grants Paid $0

Salaries & Benefits $290,292

Fundraising Expenses $6,913

Program Expenses $430,675

Other Expenses $165,185

TOTAL EXPENSES $455,477

Year-over-Year Comparison

	2024	2023	Change
Revenue	$413,831	$358,605	+0.2%
Expenses	$455,477	$341,354	+0.3%
Net Income	$-41,646	$17,251	-3.4%

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

$224,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MATTHEW LANDRY	EXECUTIVE DI	40.00	Director	$57,000	$0	$57,000
KARI LANDRY	DIRECTOR	40.00	Director	$47,000	$0	$47,000
TIMOTHY GOCKLIN	DIRECTOR	40.00	Director	$40,000	$0	$40,000
ANDREW KEOPPE	DIRECTOR	40.00	Director	$40,000	$0	$40,000
RYAN REYNOLDS	DIRECTOR	40.00	Director	$40,000	$0	$40,000
ZACK BISSEL	VICE PRESIDE	N/A	Officer Director	$0	$0	$0
JEREMY LEWIS	SECRETARY	N/A	Officer Director	$0	$0	$0
NICKI SANDBERG	TREASURER	N/A	Officer Director	$0	$0	$0
JEFF SCOTT	DIRECTOR	N/A	Director	$0	$0	$0
STEPHANEE STRASBURG	PRESIDENT	N/A	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	$413,831	$455,477	$52,420	$-41,646
2024	$358,605	$341,354	$79,827	$17,251
2023	$280,309	$316,356	$63,156	$-36,047
2022	$328,133	$280,364	$100,015	$47,769
2021	$227,158	$251,414	$110,026	$-24,256
2018	$228,274	$217,274	$54,057	$11,000

AKROPOLIS QUINTET INC