BRIDGES FOR MUSIC

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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

ELIZABETH MILLER

Phone

7205142778

Tax Period

2024-07-01 to 2025-06-30

BRIDGES FOR MUSIC, founded in 2015, is a small nonprofit in the Arts, Culture & Humanities sector that reported $171K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $302K exceeded revenue, resulting in a 76% operating deficit.

Mission

EMPOWERS UNDERSERVED YOUTH AND COMMUNITIES THROUGH THE TRANSFORMATIVE POWER OF MUSIC, ENTREPRENEURSHIP AND WELLNESS EDUCATION. WE BELIEVE THAT MUSIC IS A UNIVERSAL LANGUAGE THAT CAN BREAK DOWN SOCIAL BARRIERS AND OPEN DOORS TO NEW OPPORTUNITIES. OUR PROGRAMS FOCUS ON PROVIDING ACCESS TO WORLD-CLASS TRAINING, CREATIVE AND ENTREPRENEURIAL SKILLS, AND HOLISTIC SUPPORT TO YOUNG PEOPLE FROM DISADVANTAGED BACKGROUNDS. BY BRIDGING CULTURAL DIVIDES AND EQUIPPING YOUTH WITH TOOLS FOR PERSONAL AND PROFESSIONAL GROWTH, WE AIM TO CREATE INCLUSIVE COMMUNITIES WHERE CREATIVITY DRIVES POSITIVE CHANGE. THROUGH INITIATIVES SUCH AS MUSIC ACADEMIES, MENTORSHIP, DIGITAL LITERACY, AND WELLNESS PROGRAMS, WE NURTURE THE NEXT GENERATION OF LEADERS WHO WILL SHAPE A MORE EQUITABLE AND CONNECTED WORLD.

Program Service Accomplishments

Program 1

Expenses: $294,512 Revenue: $163,950

TO PROVIDE SUPPORT FOR THE EXTENSION BUILD OF A NEW BUILDING AT BRIDGES ACADEMY IN SOUTH AFRICA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $7,530

Program Service Revenue $163,950

Investment Income $0

Other Revenue $0

TOTAL REVENUE $171,480

Expense Breakdown

Grants Paid $150,000

Salaries & Benefits $0

Fundraising Expenses $107

Program Expenses $294,512

Other Expenses $151,562

TOTAL EXPENSES $301,562

Year-over-Year Comparison

	2024	2023	Change
Revenue	$171,480	$221,728	-0.2%
Expenses	$301,562	$1,280	+234.6%
Net Income	$-130,082	$220,448	-1.6%

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

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
ELIZABETH LIZ MILLER	TREASURER	3.00	Officer Director	$0	$0	$0
ROBERT H DYAR	SECRETARY	3.00	Officer Director	$0	$0	$0
LEE ANDERSON	BOARD MEMBER	1.00	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	$171,480	$301,562	$90,658	$-130,082
2024	$221,728	$1,280	$220,740	$220,448