CAPITAL CONCERTS INC (EIN 522019014) - Form 990 Financial Analysis & Trantor Score

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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

1997

Legal Domicile

Principal Officer

MICHAEL COLBERT

Phone

2025544620

Tax Period

2023-01-01 to 2023-12-31

CAPITAL CONCERTS INC, founded in 1997, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $14.8M in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $14.2M left a modest 4% surplus.

Mission

TO SEEK CREATIVE SOLUTIONS FOR EDUCATIONAL AND CULTURAL PROBLEMS.

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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 $14,662,803

Program Service Revenue $0

Investment Income $102,653

Other Revenue $3,292

TOTAL REVENUE $14,768,748

Expense Breakdown

Grants Paid $0

Salaries & Benefits $5,002,970

Fundraising Expenses $42,000

Program Expenses $13,253,965

Other Expenses $9,116,551

TOTAL EXPENSES $14,161,521

Year-over-Year Comparison

	2023	2022	Change
Revenue	$14,768,748	$12,039,539	+0.2%
Expenses	$14,161,521	$13,873,349	+0.0%
Net Income	$607,227	$-1,833,810	-1.3%

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

283

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

$878,676

Total Directors

$555,020

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MICHAEL COLBERT	EXECUTIVE VICE PRESIDENT	40.00	Officer Director	$275,000	$280,020	$555,020
NANCY NEUMAN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
DR ROBERT HOOVER	SECRETARY	1.00	Officer Director	$0	$0	$0
DR FRED MILLER	DIRECTOR	1.00	Director	$0	$0	$0
CRAIG D FOUCHT	CHIEF FINANCIAL OFFICER	40.00	Officer	$157,133	$34,523	$191,656
J CHRISTOPHER KERWIN	TREASURER (NON-VOTING)	30.00	Officer	$132,000	$0	$132,000

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	$14,768,748	$14,161,521	$5,189,106	$607,227
2022	$12,039,539	$13,873,349	$4,515,782	$-1,833,810
2021	$11,646,682	$11,118,378	$5,908,234	$528,304
2020	$10,047,245	$9,201,981	$5,208,863	$845,264
2019	$11,357,704	$11,026,203	$4,320,142	$331,501
2018	$10,182,030	$10,508,546	$4,160,502	$-326,516

CAPITAL CONCERTS INC