FOUNTAINS OF MUSICA FOUNDATION

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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

DESMOND CHILD

Phone

6152485500

Tax Period

2023-01-01 to 2023-12-31

FOUNTAINS OF MUSICA FOUNDATION, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $19K in total revenue in fiscal year 2023. Revenue surged 188% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15K, a strong 78% operating margin.

Mission

TO ENHANCE AND COMPLETE THE ORIGINAL DESIGN VISION OF THE BRONZE STATUES OF "MUSICA" IN NASHVILLE, TN.

Program Service Accomplishments

Program 1

Expenses: $3,428 Revenue: $18,911

THE PURPOSE OF THIS CORPORATION SHALL BE CHARITABLE AND BENEVOLENT AND TO ENHANCE AND COMPLETE THE ORIGINAL DESIGN VISION OF THE BRONZE STATUES OF "MUSICA" IN NASHVILLE, TN.

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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 $18,911

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $18,911

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,428

Other Expenses $4,190

TOTAL EXPENSES $4,190

Year-over-Year Comparison

	2023	2022	Change
Revenue	$18,911	$6,563	+1.9%
Expenses	$4,190	$2,382	+0.8%
Net Income	$14,721	$4,181	+2.5%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DESMOND CHILD	CHAIRMAN/DIRECTOR	5.00	Officer Director	$0	$0	$0
ANDREE LEQUIRE	PRESIDENT/DIRECTOR	10.00	Officer Director	$0	$0	$0
JENNIFER LANE	CFO	2.00	Officer Director	$0	$0	$0
STEVE ARMISTEAD	DIRECTOR	2.00	Director	$0	$0	$0
SHANNON POLLARD	DIRECTOR	2.00	Director	$0	$0	$0
ALAN LEQUIRE	DIRECTOR	5.00	Director	$0	$0	$0
DAVID ALLARD	DIRECTOR	2.00	Director	$0	$0	$0
SHARON GREAVES	DIRECTOR	2.00	Director	$0	$0	$0
NANCY MCNULTY	DIRECTOR	2.00	Director	$0	$0	$0
BOB PATTERSON	DIRECTOR	2.00	Director	$0	$0	$0
BILL SULLIVAN	DIRECTOR	2.00	Director	$0	$0	$0
JOHN DOTSON	DIRECTOR	2.00	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	No data	No data	No data	No data
2023	$18,911	$4,190	$430,121	$14,721
2022	$6,563	$2,382	$416,259	$4,181
2021	$25,250	$9,259	$415,166	$15,991
2020	$103,905	$5,998	$396,349	$97,907
2019	$98,795	$20,180	$330,442	$78,615
2018	$35,685	$18,443	$224,827	$17,242