STONY BROOK, NY
4 risk indicators measuring financial stability and operational resilience
Sign in with your work email to view Tuckman-Chang indicators
Sign In — Free (10 views/day)LONG ISLAND MUSIC AND ENTERTAINMENT HALL, founded in 2004, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $171K, a strong 16% operating margin.
TO CELEBRATE THE RICH MUSIC AND ENTERTAINMENT HERITAGE OF LONG ISLAND AND SUPPORT MUSIC AND ARTS EDUCATION FOR FUTURE GENERATIONS.
THE LONG ISLAND MUSIC & ENTERTAINMENT HALL OF FAME WAS CREATED TO CELEBRATE AND PRESERVE LONG ISLAND'S RICH AND DIVERSE MUSICAL, ARTISTIC, AND CULTURAL LEGACY FOR GENERATIONS TO COME.ESTABLISHED IN...
THE LONG ISLAND MUSIC & ENTERTAINMENT HALL OF FAME WAS CREATED TO CELEBRATE AND PRESERVE LONG ISLAND'S RICH AND DIVERSE MUSICAL, ARTISTIC, AND CULTURAL LEGACY FOR GENERATIONS TO COME.ESTABLISHED IN 2004, WE HAVE INDUCTED NEARLY 140 MUSICIANS AND INDUSTRY PROFESSIONALS IN EVERY MUSICAL GENRE INCLUDING ROCK, POP, HIP-HOP, CLASSICAL, BLUES, FOLK, AND JAZZ. WE BELIEVE THERE IS NO PLACE IN THE WORLD THAT HAS PRODUCED AS MUCH MUSICAL TALENT IN AS MANY GENRES - AS LONG ISLAND.OUR BEAUTIFUL 2-STORY 8800 SQUARE FOOT HALL OF FAME MUSEUM LOCATED IN STONY BROOK, NY OPENED IN 2022 AND HAS ALREADY BEEN RECOGNIZED AS ONE OF THE TOP MUSIC HALL OF FAMES IN THE COUNTRY BY THE GRAMMY AWARDS, ONE OF THE TOP TOURIST ATTRACTIONS ON LONG ISLAND BY I LOVE NY/NY TOURISM, AND WE HAVE BEEN COVERED POSITIVELY BY EVERY LOCAL AND MAJOR MEDIA IN THE NEW YORK MARKET. OUR CURRENT AND MUCH CELEBRATED BILLY JOEL MY LIFE EXHIBIT HAS ATTRACTED TENS OF THOUSANDS OF VISITORS IN LESS THAN 18 MONTHS.WE HAVE CREATED DOZENS OF PROGRAMS REACHING MUSIC LOVERS FROM 18-80, INCLUDING HEALTH AND HARMONY, WHERE WE PARTNER WITH A MAJOR LONG ISLAND HEALTHCARE SYSTEM TO BRING MUSIC THERAPY AND SERVICES TO LONG ISLAND SENIORS, FREE OF CHARGE. WE HOST WEEKLY CONCERTS ON OUR STAGE WITH ARE FREE WITH ADMISSION AND TO MEMBERS, WHICH SHOWCASE LOCAL LONG ISLAND TALENT PERFORMING ORIGINAL MUSIC, COMEDY, AND FILMS, GIVING EXPOSURE TO POTENTIAL FUTURE HALL OF FAMERS.OUR MANY EDUCATIONAL PROGRAMS ENGAGE SCHOOL DISTRICTS THROUGHOUT LONG ISLAND AS WE HOST HIGH SCHOOL BAND CAMPS, INVITE LOCAL HIGH SCHOOL BANDS AND ORCHESTRAS TO PERFORM ON OUR STAGE, AND ENGAGE TEACHERS THROUGH OUR EXCLUSIVE AREA TEACHROCK COLLABORATION WITH RENOWNED MUSICIAN STEVEN VAN ZANDT. WE HAVE AWARDED TENS OF THOUSANDS OF DOLLARS IN SCHOLARSHIPS TO HIGH SCHOOL STUDENTS, INCLUDING OVER $10,000 IN 2024, AND CELEBRATE EDUCATORS ANNUALLY WITH OUR EDUCATOR OF NOTE AWARDS.WITH OUR EXPANSION INTO ENTERTAINMENT, WE NOW SHOWCASE MONTHLY FILMS DIRECTED BY LONG ISLAND FILMMAKERS AND ARE PLANNING OUR INAUGURAL MUSIC DOCUMENTARY FILM FESTIVAL IN AUGUST 2025. MAJOR COMEDY AND FILM EXHIBITIONS ARE IN THE PLANNING STAGES.WE HAVE ESTABLISHED OURSELVES AS A VIBRANT COMMUNITY OF MUSICIANS, FILMMAKERS, COMEDIANS AND ASPIRING ARTISTS WHO HAVE FOUND A NEW HOME AT OUR HALL OF FAME MUSEUM, AND WE ARE PROUD TO HAVE CREATED A NEW CULTURAL INSTITUTION THAT IS TRANSFORMING THE WAY THE WORLD LOOKS AT AND ADMIRES - LONG ISLAND'S UNEQUALED MUSIC AND CULTURAL CONTRIBUTIONS.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
Sign in to view Trantor Score and financial metrics
Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $1,076,115 | $834,256 | +0.3% |
| Expenses | $905,110 | $591,537 | +0.5% |
| Net Income | $171,005 | $242,719 | -0.3% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
Sign in to view all financial metrics
Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ERNEST CANADEO | CHAIRMAN | 12.00 |
Officer
Director
|
$0 | $0 | $0 |
| NORM PRUSSLIN | TRUSTEE | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| TOM NEEDHAM | TRUSTEE | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROB DEBRAUWER | TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LARRY DUNN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RONALD STAIR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| BRIAN LEE | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| RON ALEXENBURG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID BARAM | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RICHARD BRANCIFORTE | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JIM FAITH | TRUSTEE | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| BARRY FISCH | TRUSTEE | 40.00 |
Director
|
$70,000 | $0 | $70,000 |
| JEFFREY JAMES | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARK MEINBERG | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| KELLY MAUDE LEUNG | TRUSTEE | 20.00 |
Director
|
$48,000 | $0 | $48,000 |
| KEVIN O'CALLAGHAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ROB POSNER | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| SANDRA TAYLOR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVE WIDMER | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JUDI LACH VEECK | EXECUTIVE DIRECTOR | 20.00 |
Officer
Director
|
$7,392 | $0 | $7,392 |
| PAUL ANTHONY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| JOHNNY ROSADO | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $1,076,115 | $905,110 | $2,555,283 | $171,005 |
| 2023 | $834,256 | $591,537 | $2,270,948 | $242,719 |
| 2022 | $389,964 | $255,461 | $1,833,460 | $134,503 |
| 2018 | $126,743 | $104,725 | $89,711 | $22,018 |
Compare LONG ISLAND MUSIC AND ENTERTAINMENT HALL with other nonprofits in New York and across the country.