WILMINGTON, DE
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE MUSIC SCHOOL OF DELAWARE INC, founded in 1924, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.0M in total revenue in fiscal year 2024. Expenses of $3.3M exceeded revenue, resulting in a 10% operating deficit.
PROVIDE OPPORTUNITY FOR ANYONE TO ACCESS EXCELLENCE IN MUSIC TRAINING, EDUCATION, AND EXPERIENCES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $2,955,501 | $2,828,609 | +0.0% |
| Expenses | $3,261,506 | $3,952,024 | -0.2% |
| Net Income | $-306,005 | $-1,123,415 | -0.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| LAWRENCE A HAMERMESH | TREASURER | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN BOOKER | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| ROBERT RINALDI | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| JONATHAN H SALVIN MD | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| CHRIS STOUT | BOARD CHAIR | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| BRUCE DITTMAR PHD | MEMBER EMERITUS | 5.00 |
Director
|
$0 | $0 | $0 |
| MARIE STEWART | DIRECTOR EMERITA | 5.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER CRESSWELL | VICE CHAIR | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ELYSE POINSETT | SECRETARY | 10.00 |
Officer
Director
|
$0 | $0 | $0 |
| NINA ANDERSON DNP | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| JOHN G DAY | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| DAVID L DEVOLL | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| KATHY NACHBAR | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| ELIZABETH STOUT | MEMBER | 5.00 |
Director
|
$0 | $0 | $0 |
| STEPHEN BEAUDOIN | PRESIDENT AND CEO (THRU 10/24) | 50.00 |
Officer
|
$42,020 | $3,077 | $45,097 |
| TERESA AVERY | INTERIM CEO (EFF 11/24) | 40.00 |
Officer
|
$20,000 | $0 | $20,000 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $2,955,501 | $3,261,506 | $15,473,623 | $-306,005 |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,629,552 | $3,612,122 | $14,411,363 | $-982,570 |
| 2022 | $12,233,069 | $3,056,619 | $14,353,950 | $9,176,450 |
| 2021 | $2,920,919 | $2,635,961 | $5,836,646 | $284,958 |
| 2020 | $2,429,628 | $2,689,314 | $5,130,918 | $-259,686 |
| 2019 | $2,751,685 | $2,616,138 | $5,027,753 | $135,547 |
Compare THE MUSIC SCHOOL OF DELAWARE INC with other nonprofits in Delaware and across the country.