ALICE AND ELEONORE SCHOENFELD INTERNATIONAL MUSIC SOCIETY INC

EIN: 473385665 501(c)(3) Arts, Culture & Humanities

ARCADIA, CA

Total Revenue
$132,945
Total Expenses
$279,313
Total Assets
$1,154,586
Net Assets
$1,091,332
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
CA
Principal Officer
SULI XUE
Phone
6268235886
Tax Period
2024-01-01 to 2024-12-31

ALICE AND ELEONORE SCHOENFELD INTERNATIONAL MUSIC SOCIETY INC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $133K in total revenue in fiscal year 2024. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $279K exceeded revenue, resulting in a 110% operating deficit.

Mission

TO PROMOTE THE STUDY OF MUSICAL INSTRUMENTS, PRIMARILY THE VIOLIN AND CELLO.ORGANIZATION AND SPONSORSHIP OF THE SCHOENFELD INTERNATIONAL STRING COMPETITION.

Program Service Accomplishments

Program 1
Expenses: $165,250

ORGANIZATION HELD THE FIRST SCHOENFELD INTERNATIONAL STRING COMPETITION IN HARBIN, CHINA IN JULY 2018. THE EVENT IS TO BE HELD EVERY OTHER YEAR. AFTER THE COMPETITION WAS INTERUPTED BY COVID 19 IT...

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ORGANIZATION HELD THE FIRST SCHOENFELD INTERNATIONAL STRING COMPETITION IN HARBIN, CHINA IN JULY 2018. THE EVENT IS TO BE HELD EVERY OTHER YEAR. AFTER THE COMPETITION WAS INTERUPTED BY COVID 19 IT RESUMED IN 2023.THE COMPTITION IS HELD IN HARBIN CHINAAND IS NOW RECOGNIZED AS A MAJOR MUSICAL COMPETION FOR STRING INSTRUMENTS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $136,249
Program Service Revenue $0
Investment Income $-3,304
Other Revenue $0
TOTAL REVENUE $132,945

Expense Breakdown

Grants Paid $0
Salaries & Benefits $72,703
Fundraising Expenses $0
Program Expenses $165,250
Other Expenses $206,610
TOTAL EXPENSES $279,313

Year-over-Year Comparison

2024 2023 Change
Revenue $132,945 $799,645 -0.8%
Expenses $279,313 $638,159 -0.6%
Net Income $-146,368 $161,486 -1.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
2
Independent Members
N/A
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
2
$66,000
Total Directors
2
$66,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SULI XUE CEO 30.00
Officer Director
$60,000 $0 $60,000
SU HUANG Secretary 3.00
Officer Director
$6,000 $0 $6,000
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 $132,945 $279,313 $1,154,586 $-146,368
2023 $799,645 $638,159 $1,217,857 $161,486
2022 $288,818 $4,418,314 $1,066,357 $-4,129,496
2021 $609,702 $165,810 $5,198,028 $443,892
2020 $166,389 $163,626 $4,653,556 $2,763
2019 $561,668 $122,740 $4,740,854 $438,928
2018 $765,773 $547,450 $4,331,650 $218,323
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