FLORIDA SCHOOL MUSIC ASSOCIATION INC

EIN: 522092192 501(c)(3) Education

TALLAHASSEE, FL

Total Revenue
$570,377
Total Expenses
$500,805
Total Assets
$675,886
Net Assets
$588,682
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
FL
Principal Officer
KATHLEEN D SANZ PHD
Phone
8508786844
Tax Period
2024-07-01 to 2025-06-30

FLORIDA SCHOOL MUSIC ASSOCIATION INC, founded in 1997, is a small nonprofit in the Education sector that reported $570K in total revenue in fiscal year 2024. Expenses of $501K left a modest 12% surplus.

Mission

THE MISSION OF THE FLORIDA SCHOOL MUSIC ASSOCIATION IS TO PROVIDE LEADERSHIP, ADVOCACY, AND SERVICES FOR SCHOOL MUSIC PROGRAMS IN SUPPORT OF QUALITY MUSIC EDUCATION EXPERIENCES FOR STUDENTS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $531,751
Program Service Revenue $0
Investment Income $38,626
Other Revenue $0
TOTAL REVENUE $570,377

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $401,961
Other Expenses $500,805
TOTAL EXPENSES $500,805

Year-over-Year Comparison

2024 2023 Change
Revenue $570,377 $544,381 +0.0%
Expenses $500,805 $486,818 +0.0%
Net Income $69,572 $57,563 +0.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
35

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
3
$0
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BENNY L BOLDEN JR PHD PRESIDENT 3.00
Officer Director
$0 $0 $0
VALERIE TERRY PAST PRESIDENT 3.00
Officer Director
$0 $0 $0
KATYE CAMPBELL BOARD MEMBER 3.00
Director
$0 $0 $0
KEITH GRIFFIS PRESIDENT-ELECT 3.00
Director
$0 $0 $0
DR ALLISON CAMPBELL BOARD MEMBER 3.00
Director
$0 $0 $0
RUSSELL HUGHES BOARD MEMBER 3.00
Director
$0 $0 $0
MARCUS SCOTT EDD BOARD MEMBER 3.00
Director
$0 $0 $0
KEVIN LEVINE BOARD MEMBER 3.00
Director
$0 $0 $0
ANTHONY SIMONS III BOARD MEMBER 3.00
Director
$0 $0 $0
JEANNE REYNOLDS BOARD MEMBER 3.00
Director
$0 $0 $0
REBEKAH RICKS BOARD MEMBER 3.00
Director
$0 $0 $0
CARRIE LEAHY BOARD MEMBER 3.00
Director
$0 $0 $0
MICHAEL ANTMANN EDD BOARD MEMBER 3.00
Director
$0 $0 $0
CHRISTOPHER BURNS PHD BOARD MEMBER 3.00
Director
$0 $0 $0
ANDREA SZAROWICZ BOARD MEMBER 3.00
Director
$0 $0 $0
DAVID VERDONI BOARD MEMBER 3.00
Director
$0 $0 $0
KATHLEEN SANZ EXECUTIVE DIRECTOR 20.00
Officer
$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 $570,377 $500,805 $675,886 $69,572
2024 $544,381 $486,818 $594,240 $57,563
2023 $485,937 $470,236 $585,720 $15,701
2022 $452,314 $455,923 $532,892 $-3,609
2021 $398,351 $336,197 $541,992 $62,154
2020 $434,555 $424,215 $531,777 $10,340
2019 $428,305 $383,552 $501,822 $44,753
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