NEW YORK MUSIC FOUNDATION INC (EIN 471325176) - 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

2014

Legal Domicile

Principal Officer

ALEXANDER BERIDZE

Tax Period

2023-01-01 to 2023-12-31

NEW YORK MUSIC FOUNDATION INC, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $8K in total revenue in fiscal year 2023. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4K, a strong 55% operating margin.

Mission

THIS CORPORATION IS FORMED TO PROMOTE EDUCATION IN CLASSICAL MUSIC, PROVIDE HIGH LEVEL EDUCATION AND EXPOSURE TO YOUNG TALENTED MUSICIANS.

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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 $7,508

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,508

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,900

Other Expenses $3,370

TOTAL EXPENSES $3,370

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,508	$4,232	+0.8%
Expenses	$3,370	$5,348	-0.4%
Net Income	$4,138	$-1,116	-4.7%

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

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
Margaret Zawadzka	Secretary	Officer	$0	$0	$0
Mai Kagaya	Treasurer	Officer	$0	$0	$0
ALEXANDER BERIDZE	PRESIDENT	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	$7,508	$3,370	$118	$4,138
2022	$4,232	$5,348	No data	$-1,116
2021	$5,640	$2,532	$362	$3,108
2020	$5,754	$6,767	$1,100	$-1,013
2019	$13,232	$14,135	$1,888	$-903
2018	$34,369	$41,626	$2,528	$-7,257

NEW YORK MUSIC FOUNDATION INC