MUSIC EDUCATION SOCIETY

EIN: 464617014 501(c)(3)

Covington, KY

Total Revenue
$345,507
Total Expenses
$374,210
Total Assets
$86,578
Net Assets
$86,578
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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
KY
Principal Officer
BRUCE C JOHNSON
Tax Period
2022-01-01 to 2022-12-31

MUSIC EDUCATION SOCIETY, founded in 2014, is a small nonprofit that reported $346K in total revenue in fiscal year 2022.

Mission

OUR MISSION IS TO DO IN-SCHOOL EDUCATIONAL MUSIC PRESENTATIONS IN SCHOOL. WE HAVE NO RESTRICTIONS ON WHAT SCHOOL CAN APPLY FOR OUR PRESENTATIONS.

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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 $0
Program Service Revenue $345,507
Investment Income $0
Other Revenue $0
TOTAL REVENUE $345,507

Expense Breakdown

Grants Paid $470
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $374,210
Other Expenses $373,740
TOTAL EXPENSES $374,210

Year-over-Year Comparison

2022 2021 Change
Revenue $345,507 $345,507 N/A
Expenses $374,210 $374,510 0.0%
Net Income $-28,703 $-29,003 0.0%
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
3
Independent Members
3
Employees
N/A
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
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRUCE C JOHNSON PRESIDENT 0.00
Officer
$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
2022 $345,507 $374,210 $86,578 $-28,703
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