MANATEE CONCERT BAND INC

EIN: 473623178 501(c)(3) Arts, Culture & Humanities

BRADENTON, FL

Total Revenue
$70,972
Total Expenses
$42,855
Total Assets
$59,624
Net Assets
$55,872
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Phone
6143321354
Tax Period
2024-01-01 to 2024-12-31

MANATEE CONCERT BAND INC, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $71K in total revenue in fiscal year 2024. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $28K, a strong 40% operating margin.

Mission

THE PURPOSE OF THE MANATEE COMMUNITY CONCERT BAND IS TO PROVIDE AN OPPORTUNITY FOR TALENTED AND DEDICATED MUSICIANS TO CONTINUE THEIR INVOLVEMENT IN MUSIC, AND TO PROVIDE QUALITY MUSICAL ENTERTAINMENT. THE BAND WILL SERVE THE COMMUNITY THROUGH THE PERFORMANCES OF A VARIETY OF MUSIC VIA FORMAL CONCERTS AND COMMUNITY EVENTS. THE BAND WILL ENCOURAGE AND ASSIST YOUNG MUSICIANS TO DEVELOP AND PURSUE THE LOVE OF PERFORMED MUSIC. THE BAND WILL PROVIDE AN OPPORTUNITY FOR INDIVIDUAL MUSICAL EXPRESSION AND GROWTH ALONG WITH A DETERMINATION TO COMMIT TO THE VERY BEST QUALITY OF PERFORMANCE POSSIBLE. OUR GOAL IS TO PROVIDE MUSIC FOR OUR MEMBERS AND AUDIENCES THAT WILL ENGENDER PRIDE IN OUR ORGANIZATION, COMMUNITY, AND NATION.

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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 $48,599
Program Service Revenue $22,095
Investment Income $137
Other Revenue $141
TOTAL REVENUE $70,972

Expense Breakdown

Grants Paid $4,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $42,855
Other Expenses $38,855
TOTAL EXPENSES $42,855

Year-over-Year Comparison

2024 2023 Change
Revenue $70,972 $42,074 +0.7%
Expenses $42,855 $35,560 +0.2%
Net Income $28,117 $6,514 +3.3%
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

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Governance

Voting Members
10
Independent Members
10
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
4
$0
Total Directors
6
$11,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A MUSIC DIRECT 5.00
Director
$8,900 $0 $8,900
N/A BAND MANAGER 5.00
Director
$2,600 $0 $2,600
ERV HYDE DIRECTOR 5.00
Director
$0 $0 $0
KRISTINE MARSH DIRECTOR 5.00
Director
$0 $0 $0
MARGARET OPP DIRECTOR 5.00
Director
$0 $0 $0
JASON TRAIGER DIRECTOR 5.00
Director
$0 $0 $0
N/A PRESIDENT 5.00
Officer
$0 $0 $0
N/A VICE PRESIDE 5.00
Officer
$0 $0 $0
N/A SECRETARY 5.00
Officer
$0 $0 $0
N/A TREASURER 5.00
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 $70,972 $42,855 $59,624 $28,117
2023 $42,074 $35,560 $30,905 $6,514
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