CHAMBER MUSIC SOCIETY OF PALM BEACH INC (EIN 461933232) - 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

2014

Legal Domicile

Principal Officer

JOHN J RAYMOND JR

Phone

5613796773

Tax Period

2024-07-01 to 2025-06-30

CHAMBER MUSIC SOCIETY OF PALM BEACH INC, founded in 2014, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.6M in total revenue in fiscal year 2024. Expenses of $1.6M left a modest 4% surplus.

Mission

TO PRODUCE PERFORMANCES AND EDUCATIONAL PROGRAMS OF THE HIGHEST ARTISTIC MERIT, TO PROMOTE A GREATER UNDERSTANDING AND APPRECIATION OF CHAMBER MUSIC, AND TO ENHANCE THE CULTURAL LIFE OF PALM BEACH.

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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 $1,276,452

Program Service Revenue $164,870

Investment Income $14,695

Other Revenue $180,614

TOTAL REVENUE $1,636,631

Expense Breakdown

Grants Paid $0

Salaries & Benefits $411,151

Fundraising Expenses $109,963

Program Expenses $711,166

Other Expenses $1,164,369

TOTAL EXPENSES $1,575,520

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,636,631	$1,658,378	0.0%
Expenses	$1,575,520	$1,258,332	+0.3%
Net Income	$61,111	$400,046	-0.8%

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

N/A

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PETER FOLEY	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS KELLOGG	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS ANSBACHER	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN BRADY	DIRECTOR	1.00	Director	$0	$0	$0
JAY PARKER	DIRECTOR	1.00	Director	$0	$0	$0
KEN WYSE	DIRECTOR	1.00	Director	$0	$0	$0
VICKI KELLOGG	CO-CHAIR AND FOUNDER	10.00	Director	$0	$0	$0
ANTHONY DIRESTA	CO-CHAIR	1.00	Director	$0	$0	$0
JOHN RAYMOND	SECRETRAY AND TREASURER	1.00	Director	$0	$0	$0
DARIO BERTOCCHI	DIRECTOR	1.00	Director	$0	$0	$0
BETH COHEN	DIRECTOR	1.00	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
2025	$1,636,631	$1,575,520	$987,247	$61,111
2024	$1,658,378	$1,258,332	$934,053	$400,046
2023	$1,007,850	$1,003,734	$748,874	$4,116
2022	$894,820	$715,601	$584,016	$179,219
2021	$714,588	$656,134	$369,109	$58,454
2020	$760,715	$574,297	$308,007	$186,418
2019	$533,224	$572,521	$121,746	$-39,297

CHAMBER MUSIC SOCIETY OF PALM BEACH INC