NATIONAL RHYTHM AND BLUES MUSIC SOCIETY INC A NONPROFIT CORP

EIN: 462541091 501(c)(3) Arts, Culture & Humanities

Galloway, NJ

Total Revenue
$364,425
Total Expenses
$370,300
Total Assets
$27,549
Net Assets
$27,549
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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
2008
Legal Domicile
NJ
Phone
6093396767
Tax Period
2022-09-01 to 2023-08-31

NATIONAL RHYTHM AND BLUES MUSIC SOCIETY INC A NONPROFIT CORP, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $364K in total revenue in fiscal year 2022. Revenue surged 112% from the prior year, signaling strong growth momentum.

Mission

Our primary exempt purpose is the preservation of Classic Soul/R&B Music and to honor and promote the legendary artists from the 60s, 70s and 80s that paved the way for today's artists.

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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%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $364,425
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $364,425

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $370,300
Other Expenses $370,300
TOTAL EXPENSES $370,300

Year-over-Year Comparison

2022 2021 Change
Revenue $364,425 $171,886 +1.1%
Expenses $370,300 N/A N/A
Net Income $-5,875 $171,886 -1.0%
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

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
6

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
0
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Vannessa Jordan-Gaston President 20
Director
$0 $0 $0
William Blackshear Vice President 2
Director
$0 $0 $0
Floyd Williams Trustee 2
Director
$0 $0 $0
Stuart Bascombe Trustee 5
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 No data No data No data No data
2023 $364,425 $370,300 $27,549 $-5,875
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