UNITING VOICES

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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

1975

Legal Domicile

Principal Officer

JOSEPHINE LEE

Phone

3128498300

Tax Period

2023-07-01 to 2024-06-30

UNITING VOICES, founded in 1975, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $10.1M in total revenue in fiscal year 2023. Revenue surged 39% from the prior year, signaling strong growth momentum. The organization ran a surplus of $4.3M, a strong 43% operating margin.

Mission

TO INSPIRE AND CHANGE LIVES THROUGH MUSIC.

Program Service Accomplishments

Program 1

Expenses: $1,782,360 Revenue: $753,048

THE NEIGHBORHOOD CHOIR PROGRAM PROVIDES AFTER-SCHOOL, CULTURALLY RESPONSIVE MUSIC EDUCATION TO STUDENTS AGES 6-18 IN 12 COMMUNITIES. THESE SINGERS MEANINGFULLY CONNECT WITH PEERS ACROSS THE CITY AND BEYOND, LEARN MUSIC AND MOVEMENT FROM MANY GENRES AND CULTURES, ENGAGE IN DIALOGUE ABOUT THE HISTORICAL AND SOCIAL CONTEXT OF MUSIC AND PARTICIPATE IN PROFESSIONAL-LEVEL PERFORMANCE OPPORTUNITIES.

Program 2

Expenses: $1,256,046 Revenue: $375,742

THE SCHOOL PROGRAM PROVIDES CULTURALLY RESPONSIVE MUSIC EDUCATION TO STUDENTS AGES 8-14 WITHIN THEIR OWN SCHOOL. THESE SINGERS LEARN VOCAL MUSIC AND MOVEMENT FROM MANY GENRES AND CULTURES, BASIC...

THE SCHOOL PROGRAM PROVIDES CULTURALLY RESPONSIVE MUSIC EDUCATION TO STUDENTS AGES 8-14 WITHIN THEIR OWN SCHOOL. THESE SINGERS LEARN VOCAL MUSIC AND MOVEMENT FROM MANY GENRES AND CULTURES, BASIC MUSICIANSHIP AND PERFORMANCE SKILLS AND HAVE THE OPPORTUNITY TO PARTICIPATE IN CITY-WIDE, PROFESSIONAL-LEVEL PERFORMANCE OPPORTUNITIES.

Program 3

Expenses: $1,009,491 Revenue: $441,620

VOICE OF CHICAGO IS UNITING VOICES' PREMIER ENSEMBLE, COMPRISED OF SINGERS AGES 14-18 WHO REFLECT THE CITY'S RICH CULTURAL DIVERSITY. VOICE OF CHICAGO SINGERS RECEIVE 5-12 HOURS OF INSTRUCTION...

VOICE OF CHICAGO IS UNITING VOICES' PREMIER ENSEMBLE, COMPRISED OF SINGERS AGES 14-18 WHO REFLECT THE CITY'S RICH CULTURAL DIVERSITY. VOICE OF CHICAGO SINGERS RECEIVE 5-12 HOURS OF INSTRUCTION WEEKLY, AND HAVE OPPORTUNITIES TO CONNECT WITH PEERS THEY MAY NOT OTHERWISE MEET, COLLABORATE WITH WORLD-CLASS ARTISTS, PARTICIPATE IN HIGH PROFILE PERFORMANCES, TOUR NATIONALLY AND INTERNATIONALLY AND BUILD LEADERSHIP SKILLS FOR THE FUTURE.

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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 $8,228,987

Program Service Revenue $1,597,363

Investment Income $302,244

Other Revenue $-74,279

TOTAL REVENUE $10,054,315

Expense Breakdown

Grants Paid $96,408

Salaries & Benefits $3,396,533

Fundraising Expenses $1,003,114

Program Expenses $4,114,976

Other Expenses $2,279,378

TOTAL EXPENSES $5,772,319

Year-over-Year Comparison

	2023	2022	Change
Revenue	$10,054,315	$7,242,493	+0.4%
Expenses	$5,772,319	$5,850,949	0.0%
Net Income	$4,281,996	$1,391,544	+2.1%

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

212

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

$897,249

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPHINE LEE	PRESIDENT	40.00	Officer	$375,378	$13,688	$389,066
RACHEL LEFEVRE-SNEE	EXECUTIVE VICE PRESIDENT	40.00	Officer	$154,625	$4,702	$159,327
AMY TINUCCI	VICE PRESIDENT, DEVELOPMENT	40.00	Officer	$125,000	$3,813	$128,813
KELLY FEKETY	CHIEF FINANCIAL OFFICER	40.00	Officer	$105,279	$7,478	$112,757
JUDY HANSON	SENIOR DIRECTOR	40.00	Highest	$103,743	$8,328	$112,071
JOCELYN SMITH	HEAD OF PROGRAMS	40.00	Officer	$98,733	$8,553	$107,286
ELLEN-BLAIR CHUBE	CHAIR	5.00	Officer Director	$0	$0	$0
DONIELLE MCCUTCHEON	SECRETARY	2.00	Officer Director	$0	$0	$0
BRIAN EGWELE	TREASURER	2.00	Officer Director	$0	$0	$0
HIMAL AGARWAL	DIRECTOR	1.00	Director	$0	$0	$0
ERIC ASHWORTH	DIRECTOR	1.00	Director	$0	$0	$0
TRACEY BENFORD	DIRECTOR	1.00	Director	$0	$0	$0
HEIJI BLACK	DIRECTOR	1.00	Director	$0	$0	$0
PATRICK BOEHMER	DIRECTOR	1.00	Director	$0	$0	$0
ERIN BROWN	DIRECTOR	1.00	Director	$0	$0	$0
MONICA CARNEY	DIRECTOR	1.00	Director	$0	$0	$0
CAROLINE DETTMAN	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE EL-MOURSI	DIRECTOR	1.00	Director	$0	$0	$0
THEO EPSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT FEALY	DIRECTOR	1.00	Director	$0	$0	$0
JUDE FERNANDES	DIRECTOR	1.00	Director	$0	$0	$0
EBBA GEBISA	DIRECTOR	1.00	Director	$0	$0	$0
JACQUELINE GRIESDORN	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTINA HATHERLY	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD HAWWA	DIRECTOR	1.00	Director	$0	$0	$0
JEFF HAXER	DIRECTOR	1.00	Director	$0	$0	$0
YUSEF JACKSON	DIRECTOR	1.00	Director	$0	$0	$0
ROB KATZ	DIRECTOR	1.00	Director	$0	$0	$0
MELISSA KIBLER	DIRECTOR	1.00	Director	$0	$0	$0
DAVID KOO	DIRECTOR	1.00	Director	$0	$0	$0
ERIN LANE	DIRECTOR	1.00	Director	$0	$0	$0
DENEESE WALIA LEVIN	DIRECTOR	1.00	Director	$0	$0	$0
ANN MARIE LIPINSKI	DIRECTOR	1.00	Director	$0	$0	$0
JAMES MEYER	DIRECTOR	1.00	Director	$0	$0	$0
KALA MOYNIHAN	DIRECTOR	1.00	Director	$0	$0	$0
SUZANNE MUCHIN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL NEMEROFF	DIRECTOR	1.00	Director	$0	$0	$0
MATTHEW PARR	DIRECTOR	1.00	Director	$0	$0	$0
DIANE PEARSE	DIRECTOR	1.00	Director	$0	$0	$0
MATT ROAN	DIRECTOR	1.00	Director	$0	$0	$0
RENEE SALOMON	DIRECTOR	1.00	Director	$0	$0	$0
JOE SHANAHAN	DIRECTOR	1.00	Director	$0	$0	$0
KANWAR SINGH	DIRECTOR	1.00	Director	$0	$0	$0
JEFF STEELE	DIRECTOR	1.00	Director	$0	$0	$0
LAURA STERN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL TEPLITSKY	DIRECTOR	1.00	Director	$0	$0	$0
EDUARDO VALDES	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN VANDENBERG	DIRECTOR	1.00	Director	$0	$0	$0
RON WEISS	DIRECTOR	1.00	Director	$0	$0	$0
STEVEN WON	DIRECTOR	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	No data	No data	No data	No data
2024	$10,054,315	$5,772,319	$12,031,581	$4,281,996
2023	$7,242,493	$5,850,949	$7,199,048	$1,391,544
2022	$5,523,415	$5,056,569	$5,644,708	$466,846
2021	$4,296,107	$3,495,005	$6,268,529	$801,102
2020	$4,476,421	$4,191,089	$4,899,258	$285,332
2019	$4,607,097	$4,811,521	$4,172,004	$-204,424
2018	$4,929,078	$4,270,169	$4,638,845	$658,909