MIAMI CHAMBER MUSIC SOCIETY

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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

2013

Legal Domicile

Principal Officer

Lewis Eidson

Phone

7865561715

Tax Period

2023-09-01 to 2024-08-31

MIAMI CHAMBER MUSIC SOCIETY, founded in 2013, is a small nonprofit in the Arts, Culture & Humanities sector that reported $178K in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $55K, a strong 31% operating margin.

Mission

Present classical music concerts and educational and community outreach activities.

Program Service Accomplishments

Program 1

Expenses: $88,708 Revenue: $158,365

Present classical music concerts as part of the Mainly Mozart Festival, featuring a total of eight (8) events, which were attended by over 10,000 individuals. In addition to the festival, we also...

Present classical music concerts as part of the Mainly Mozart Festival, featuring a total of eight (8) events, which were attended by over 10,000 individuals. In addition to the festival, we also host educational and cultural community outreach initiatives. This year, six (6) educational events were held, benefiting 2,700 residents of Miami-Dade County.

Program 2

Expenses: $20,000 Revenue: $20,000

In addition to the Mainly Mozart Festival, Miami Chamber Music Society presented six (6) educational and community outreach events, benefiting 2,700 residents of Miami-dade County.

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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 (2023)

Revenue Breakdown

Contributions & Grants $147,018

Program Service Revenue $31,347

Investment Income $0

Other Revenue $0

TOTAL REVENUE $178,365

Expense Breakdown

Grants Paid $0

Salaries & Benefits $30,000

Fundraising Expenses $0

Program Expenses $108,708

Other Expenses $93,708

TOTAL EXPENSES $123,708

Year-over-Year Comparison

	2023	2022	Change
Revenue	$178,365	$159,825	+0.1%
Expenses	$123,708	$123,867	0.0%
Net Income	$54,657	$35,958	+0.5%

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

N/A

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

Key Employees

$30,000

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Marina Radiushina	Artistic Director	60	Key Emp	$30,000	$0	$30,000
Lewis Eidson	President	5	Director	$0	$0	$0
Margaret Eidson	Director	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
2024	$178,365	$123,708	$195,949	$54,657
2022	$301,011	$260,404	$105,334	$40,607