BERKELEY MUSIC GROUP (EIN 461517597) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2012

Principal Officer

DAVID M MAYERI

Phone

9253541442

Tax Period

2023-01-01 to 2023-12-31

BERKELEY MUSIC GROUP, founded in 2012, is a community nonprofit in the Arts, Culture & Humanities sector that reported $5.6M in total revenue in fiscal year 2023.

Mission

THE BERKELEY MUSIC GROUP WAS FOUNDED IN 2012 AS A 501(C)3 NONPROFIT ORGANIZATION TO RENOVATE AND RUN THE UC THEATRE TAUBE FAMILY MUSIC HALL IN BERKELEY. THE UC THEATRE IS AN INDEPENDENT COMMUNITY-MINDED 1,400 CAPACITY MULTI-TIERED LIVE MUSIC VENUE WITH YOUTH EDUCATION PROGRAMS. OUR MISSION IS TO PRESENT A VIBRANT AND DIVERSE RANGE OF LIVE PERFORMANCES TO ADVANCE THE UNDERSTANDING AND APPRECIATION OF MUSIC, CULTURE, AND EDUCATION IN THE BAY AREA. WE PROVIDE INCLUSIVE, DIVERSE, AND CULTURALLY RICH MUSIC PROGRAMMING AS WELL AS TRANSFORMATIVE HANDS ON MUSIC BUSINESS YOUTH EDUCATION PROGRAMS. THE BERKELEY MUSIC GROUP IS DEDICATED TO ENSURING THAT THE UC THEATRE STRENGTHENS THE BAY AREAS VIBRANT FABRIC OF NONPROFIT ARTS AND SERVICE ORGANIZATIONS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $679,397

Program Service Revenue $3,999,514

Investment Income $12,640

Other Revenue $886,941

TOTAL REVENUE $5,578,492

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,991,986

Fundraising Expenses $302,435

Program Expenses $5,222,329

Other Expenses $3,926,893

TOTAL EXPENSES $5,918,879

Year-over-Year Comparison

	2023	2022	Change
Revenue	$5,578,492	$5,389,520	+0.0%
Expenses	$5,918,879	$5,245,054	+0.1%
Net Income	$-340,387	$144,466	-3.4%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

231

Volunteers

180

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

$200,000

Total Directors

$200,000

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DAVID M MAYERI	PRESIDENT	40.00	Officer Director	$200,000	$0	$200,000
MARK RENNIE	SECRETARY	5.00	Officer Director	$0	$0	$0
JOHN WELLER	TREASURER	5.00	Officer Director	$0	$0	$0
ANN FISCHER HECHT	DIRECTOR	5.00	Director	$0	$0	$0
NOAH DOYLE	DIRECTOR	5.00	Director	$0	$0	$0
ADAM PLANAS	DIRECTOR	5.00	Director	$0	$0	$0
BILLY COOK	DIRECTOR	5.00	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	No data	No data	No data	No data
2023	$5,578,492	$5,918,879	$5,785,278	$-340,387
2022	$5,389,520	$5,245,054	$6,329,544	$144,466
2021	$4,579,247	$3,127,455	$6,181,022	$1,451,792
2020	$1,477,726	$2,202,965	$4,713,885	$-725,239
2020	$1,477,726	$2,202,965	$4,713,885	$-725,239
2020	$1,534,017	$2,291,666	$4,696,431	$-757,649
2019	$3,873,557	$4,324,583	$5,052,105	$-451,026
2018	$4,832,486	$5,045,597	$5,361,462	$-213,111

BERKELEY MUSIC GROUP