Seattle Pro Musica

🔒

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

1975

Legal Domicile

Principal Officer

WES KIM

Phone

2062035104

Tax Period

2023-09-01 to 2024-08-31

Seattle Pro Musica, founded in 1975, is a small nonprofit that reported $415K in total revenue in fiscal year 2023. Expenses of $388K left a modest 6% surplus.

Mission

Enrich and inspire our audiences, singers and community through the experience of choral artistry, and to increase access to and appreciationn of choral music

Program Service Accomplishments

Program 1

Expenses: $86,142 Revenue: $114,946

Concert expenses and ticket revenue

🔒

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 $243,506

Program Service Revenue $114,946

Investment Income $27,182

Other Revenue $29,574

TOTAL REVENUE $415,208

Expense Breakdown

Grants Paid $0

Salaries & Benefits $277,105

Fundraising Expenses $60,767

Program Expenses $86,142

Other Expenses $111,351

TOTAL EXPENSES $388,456

Year-over-Year Comparison

	2023	2022	Change
Revenue	$415,208	$416,342	0.0%
Expenses	$388,456	$413,444	-0.1%
Net Income	$26,752	$2,898	+8.2%

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

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

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WES KIM	President	4.000	Officer Director	$0	$0	$0
RICK JOHNSON	Treasurer	2.000	Officer Director	$0	$0	$0
JAN STRAND	Vice President	2.000	Officer Director	$0	$0	$0
MEAGHAN LEFERINK	Board member	2.000	Director	$0	$0	$0
KACEY SHIFLET	Secretary	2.000	Officer Director	$0	$0	$0
PAUL HENDERSON	Board member	2.000	Director	$0	$0	$0
ROBERT WADE	Board member	2.000	Director	$0	$0	$0
KAREN P THOMAS	Artistic Director	40.00	Key Emp	$0	$0	$0
KATIE SKOVHOLT	Executive Director	40.00	Key Emp	$0	$0	$0
ZACH FINKELSTEIN	Director	2.000	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	$415,208	$388,456	$330,982	$26,752
2023	$416,342	$413,444	$286,289	$2,898
2022	$369,869	$313,256	$280,037	$56,613
2021	$316,740	$286,783	$293,071	$29,957
2020	$342,520	$294,059	$269,746	$48,461
2018	$296,251	$295,945	$147,547	$306