BOSTON MUSIC PROJECT INC (EIN 474232704) - 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

2015

Legal Domicile

Principal Officer

CHRISTOPHER SCHROEDER

Phone

4077181147

Tax Period

2023-07-01 to 2024-06-30

BOSTON MUSIC PROJECT INC, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

SCHEDULE O

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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 $683,619

Program Service Revenue $1,128,952

Investment Income $0

Other Revenue $12,491

TOTAL REVENUE $1,825,062

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,453,141

Fundraising Expenses $101,366

Program Expenses $1,452,495

Other Expenses $396,306

TOTAL EXPENSES $1,849,447

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,825,062	$1,653,369	+0.1%
Expenses	$1,849,447	$1,354,622	+0.4%
Net Income	$-24,385	$298,747	-1.1%

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

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

$98,700

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NEDUNCELIYAN KULASEKARAN	CHAIR	1.000	Officer Director	$0	$0	$0
BETH HARPER	C0CHAIR	1.000	Officer Director	$0	$0	$0
DANNI M PI	TREASURER	1.000	Officer Director	$0	$0	$0
DIANE LO	CLERK	1.000	Officer Director	$0	$0	$0
WEBSTER PILCHER	DIRECTOR	1.000	Director	$0	$0	$0
PAUL BI	DIRECTOR	1.000	Director	$0	$0	$0
JENNY FAUTH	DIRECTOR	1.000	Director	$0	$0	$0
AMY DEVEAU	DIRECTOR	1.000	Director	$0	$0	$0
TYTANA YAP	DIRECTOR	1.000	Director	$0	$0	$0
ANNA YANG	DIRECTOR	1.000	Director	$0	$0	$0
LUCYNA GLORIA	DIRECTOR	1.000	Director	$0	$0	$0
CHRISTOPHER SCHROEDER	EXECUTIVE DIRECTOR	40.00	Key Emp	$98,700	$0	$98,700

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	$1,825,062	$1,849,447	$751,807	$-24,385
2023	$1,653,369	$1,354,622	$748,723	$298,747
2022	$1,212,939	$895,607	$362,925	$317,332
2021	$517,292	$493,311	$180,950	$23,981
2020	$477,259	$514,378	$67,192	$-37,119
2019	$450,282	$434,625	$27,862	$15,657
2018	$436,981	$417,070	$47,862	$19,911

BOSTON MUSIC PROJECT INC