FOUND SOUND NATION INC

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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

2015

Legal Domicile

Principal Officer

KYLA-ROSE SMITH

Phone

3477404070

Tax Period

2023-09-01 to 2024-08-31

FOUND SOUND NATION INC, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.9M in total revenue in fiscal year 2023. Revenue surged 153% from the prior year, signaling strong growth momentum.

Mission

FOUND SOUND NATION (FSN) IS A COLLECTIVE OF ARTISTS WHO USE THE COLLABORATIVE POWER OF MUSIC TO CONNECT PEOPLE ACROSS POLITICAL, CULTURAL AND ECONOMIC DIVIDES. WE'VE FOUND THAT ENGAGING IN MUSIC CREATION IS AN IMPORTANT WAY FOR CREATIVE LEADERS IN CIVIL SOCIETIES TO DEVELOP IDEAS FOR BUILDING MORE PEACEFUL AND HARONIOUS SOCIETIES. WE BELIEVE THAT THE ART OF LISTENING EXTENDS FAR BEYOND THE PRACTICE OF MAKING MUSIC; IT'S ONE OF THE MAJOR WAYS WE BEECOME AWARE OF THE BEAUTY, TRAUMA, AND HIDDEN POTENTIAL PRESENT IN OUR INSTITUTIONS, NEIGHBORHOODS AND FAMILIES.

Program Service Accomplishments

Program 1

Expenses: $1,508,771 Revenue: $31,249

FOUND SOUND NATION (FSN) PARTNERS WITH LOCAL YOUTH, SOCIAL ORGANIZATIONS, MUSIC FESTIVALS, AND ARTISTS ACROSS ALL DISCIPLINES TO ENGAGE PEOPLE FROM ALL WALKS OF LIFE IN OUR INTERACTIVE PROCESS OF...

FOUND SOUND NATION (FSN) PARTNERS WITH LOCAL YOUTH, SOCIAL ORGANIZATIONS, MUSIC FESTIVALS, AND ARTISTS ACROSS ALL DISCIPLINES TO ENGAGE PEOPLE FROM ALL WALKS OF LIFE IN OUR INTERACTIVE PROCESS OF COLLABORATIVE MUSIC, AUDIO, AND VIDEO PRODUCTION, IN ORDER TO GIVE VOICE TO UNDERREPRESENTED COMMUNITIES, UNLOCK THE CREATIVE POTENTIAL OF YOUTH, AND BRIDGE CULTURAL AND POLITICAL DIVIDES.

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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 $1,865,503

Program Service Revenue $31,249

Investment Income $13

Other Revenue $0

TOTAL REVENUE $1,896,765

Expense Breakdown

Grants Paid $123,753

Salaries & Benefits $471,145

Fundraising Expenses $0

Program Expenses $1,508,771

Other Expenses $1,349,461

TOTAL EXPENSES $1,944,359

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,896,765	$749,156	+1.5%
Expenses	$1,944,359	$687,006	+1.8%
Net Income	$-47,594	$62,150	-1.8%

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

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

$275,946

Total Directors

$185,064

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER MARIANETTI	VICE PRESIDE	5.00	Officer Director	$96,682	$0	$96,682
ELENA MOON PARK	SECRETARY	5.00	Officer Director	$88,382	$0	$88,382
JEREMY THAL	TREASURER	1.00	Officer Director	$0	$0	$0
SANTHOSH DANIEL	PRESIDENT	1.00	Officer Director	$0	$0	$0
TOMMIE LINDSEY	DIRECTOR	1.00	Director	$0	$0	$0
ANGELICA NEGRON	DIRECTOR	1.00	Director	$0	$0	$0
REBECCA LICHTENFELD	DIRECTOR	1.00	Director	$0	$0	$0
KYLA-ROSE SMITH	EXECUTIVE DI	40.00	Officer	$90,882	$0	$90,882

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	$1,896,765	$1,944,359	$150,708	$-47,594
2023	$749,156	$687,006	$219,410	$62,150
2022	$367,996	$349,135	$132,523	$18,861
2021	$263,930	$176,394	$114,262	$87,536