Potomac, MD
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Glorystar Music Education and Cultural Foundation Inc, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $195K in total revenue in fiscal year 2024. Expenses of $175K left a modest 10% surplus.
Glorystar Children's Chorus (GCC) provides excellent music education to children and youth (5-18 years old) with a rich repertoire of East Asian and Western music. GCC celebrates our Asian cultural heritage and creates an inclusive and enriching learning environment for singers to build connections within our community.
Provided excellent music education to 95 choristers, ages 5 to 18. Our studentcommunity is approximately 93% Asian or Asian descent, and 3% received some financial aid. The choristers are divided...
Provided excellent music education to 95 choristers, ages 5 to 18. Our studentcommunity is approximately 93% Asian or Asian descent, and 3% received some financial aid. The choristers are divided into five choir groups according to age and music knowledge: Prima, Dolce, Cantabile, Concert, and Chamber choirs. The music education includes vocal techniques, music theory, sight-reading, ear training, music appreciation and interpretation, and choral harmony. All choir groups returned to in-person rehearsals and concerts since August 2021.
Presented a total of 6 self produced public performances of Eastern and Westernchoral music, reaching an audience of more than 1100 people: 2 ticketed concerts and1 vocal competition/recital (free)...
Presented a total of 6 self produced public performances of Eastern and Westernchoral music, reaching an audience of more than 1100 people: 2 ticketed concerts and1 vocal competition/recital (free) and 3 free concerts were open to the public. All performances were accessible for individuals of all abilities.
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 | $194,654 | $196,975 | 0.0% |
| Expenses | $175,216 | $179,701 | 0.0% |
| Net Income | $19,438 | $17,274 | +0.1% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| Carol Tseng | Exec. Director | 20.00 |
Officer
Director
|
$15,574 | $0 | $15,574 |
| Emily Chu | Music Director | 5.00 |
Director
|
$7,200 | $0 | $7,200 |
| Kirsten Chen | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Jin-Zhong Liu | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Debbie Hsu | President | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Cherie Jeng | DirectorEmerita | 20.00 |
Officer
Director
|
$0 | $0 | $0 |
| Wei Zhong | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Daniel L Bateman | Director | 5.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $194,654 | $175,216 | $412,964 | $19,438 |
| 2024 | $196,975 | $179,701 | $422,853 | $17,274 |
| 2023 | $193,048 | $169,618 | $345,667 | $23,430 |
| 2023 | No data | No data | No data | No data |
| 2022 | $143,742 | $141,952 | $351,267 | $1,790 |
| 2021 | $144,842 | $111,646 | $287,201 | $33,196 |
| 2020 | $172,963 | $142,015 | $261,268 | $30,948 |
| 2019 | $127,808 | $154,144 | $185,469 | $-26,336 |
| 2018 | $169,767 | $164,574 | $197,427 | $5,193 |
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