THE HIP HOP MUSEUM (EIN 465278190) - 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

2015

Legal Domicile

Principal Officer

DANIEL BUCANO

Phone

8778295500

Tax Period

2023-01-01 to 2023-12-31

THE HIP HOP MUSEUM, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.4M in total revenue in fiscal year 2023. Revenue surged 282% from the prior year, signaling strong growth momentum. Expenses of $2.2M left a modest 7% surplus.

Mission

THE HIP HOP MUSEUM IN THE BRONX CELEBRATES AND PRESERVES THE HISTORY OF LOCAL AND GLOBAL HIP HOP MUSIC AND CULTURE TO INSPIRE, EMPOWER, AND PROMOTE UNDERSTANDING.

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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 $2,193,078

Program Service Revenue $152,319

Investment Income $0

Other Revenue $65,413

TOTAL REVENUE $2,410,810

Expense Breakdown

Grants Paid $6,500

Salaries & Benefits $333,067

Fundraising Expenses $678,235

Program Expenses $1,407,962

Other Expenses $1,751,156

TOTAL EXPENSES $2,243,452

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,410,810	$630,835	+2.8%
Expenses	$2,243,452	$1,598,410	+0.4%
Net Income	$167,358	$-967,575	-1.2%

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

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

$111,333

Total Directors

$111,333

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DANIEL BUCANO	EXECUTIVE DIRECTOR	40.00	Officer Director	$111,333	$0	$111,333
ADAM SILVERSTEIN	TRUSTEE	40.00	Director	$0	$0	$0
PETER BITTENBENDER	TRUSTEE	1.00	Director	$0	$0	$0
BRUCE JACKSON	TRUSTEE	1.00	Director	$0	$0	$0
FAITH NEWMAN	TRUSTEE	1.00	Director	$0	$0	$0
RUBEN DIAZ JR	TRUSTEE	1.00	Director	$0	$0	$0
LU SHAWN THOMPSON	TRUSTEE (FROM JUNE 2023)	1.00	Director	$0	$0	$0
SISSI JOHNSON	TRUSTEE (FROM AUGUST 2023)	1.00	Director	$0	$0	$0
ROBERT REID	TREASURER	16.00	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
2024	No data	No data	No data	No data
2023	$2,410,810	$2,243,452	$2,951,772	$167,358
2022	$630,835	$1,598,410	$2,719,194	$-967,575
2021	$3,650,128	$673,439	$3,670,779	$2,976,689
2020	$216,519	$338,003	$899,400	$-121,484
2019	$198,966	$249,737	$299,074	$-50,771
2019	$308,553	$259,737	$69,204	$48,816

THE HIP HOP MUSEUM