PICCO MUSIC ACADEMY INC (EIN 475445888) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Principal Officer

CHRISTOPHER PICCO

Phone

9099636305

Tax Period

2023-01-01 to 2023-12-31

PICCO MUSIC ACADEMY INC, founded in 2016, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $91K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $82K left a modest 10% surplus.

Mission

THE ORGANIZATION IS OPERATED SPECIFICALLY TO SHARE THE GIFT OF MUSIC BY PROVIDING AFFORDABLE AND ACCESSIBLE MUSIC EDUCATION TO THE LESS PRIVILEGED YOUTH IN THE COMMUNITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,549

Program Service Revenue $89,768

Investment Income $0

Other Revenue $0

TOTAL REVENUE $91,317

Expense Breakdown

Grants Paid $0

Salaries & Benefits $13,226

Fundraising Expenses $0

Program Expenses $67,650

Other Expenses $68,978

TOTAL EXPENSES $82,204

Year-over-Year Comparison

	2023	2022	Change
Revenue	$91,317	$73,783	+0.2%
Expenses	$82,204	$74,887	+0.1%
Net Income	$9,113	$-1,104	-9.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTOPHER PICCO	President	30.00	Officer Director	$0	$0	$0
DUSTIN AHO	Treasurer	2.00	Officer Director	$0	$0	$0
K C HOHENSEE	Secretary	2.00	Officer 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
2024	No data	No data	No data	No data
2023	$91,317	$82,204	$17,037	$9,113
2022	$73,783	$74,887	$17,500	$-1,104
2021	$75,588	$87,331	$18,604	$-11,743
2020	$94,763	$98,331	$21,397	$-3,568
2018	$104,376	$102,772	$25,384	$1,604

PICCO MUSIC ACADEMY INC