MARYLAND CONSERVATORY OF MUSIC INC (EIN 522343016) - 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

2001

Legal Domicile

Principal Officer

DANIEL THOMPSON

Phone

4432437265

Tax Period

2022-07-01 to 2023-06-30

MARYLAND CONSERVATORY OF MUSIC INC, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $69K in total revenue in fiscal year 2022. Revenue decreased 10% compared to the prior year. Expenses of $109K exceeded revenue, resulting in a 58% operating deficit.

Mission

MUSIC EDUCATION

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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 (2022)

Revenue Breakdown

Contributions & Grants $41,118

Program Service Revenue $27,119

Investment Income $975

Other Revenue $0

TOTAL REVENUE $69,212

Expense Breakdown

Grants Paid $0

Salaries & Benefits $83,141

Fundraising Expenses $0

Program Expenses $56,806

Other Expenses $25,925

TOTAL EXPENSES $109,066

Year-over-Year Comparison

	2022	2021	Change
Revenue	$69,212	$77,249	-0.1%
Expenses	$109,066	$90,658	+0.2%
Net Income	$-39,854	$-13,409	+2.0%

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

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

$74,268

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRIS SENGSTACKE	TREASURER	2.00	Director	$0	$0	$0
ANDREW LEWIS	BOARD MEMBER	2.00	Director	$0	$0	$0
EDWARD SIMON	BAORD CHAIR	2.00	Director	$0	$0	$0
KEVIN LYNCH MD	BOARD MEMBER	2.00	Director	$0	$0	$0
VEDAD GHAVIANINI	BOARD MEMBER	2.00	Director	$0	$0	$0
DANIELLE CHARLES	BOARD MEMBER	2.00	Director	$0	$0	$0
JOHN KANE	BOARD MEMBER	2.00	Director	$0	$0	$0
DANIEL THOMPSON	PRESIDENT AND EXECUTIVE DIRECTOR	40.00	Officer	$74,268	$0	$74,268
GARY MCDANIEL	BOARD MEMBER	2.00	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	No data	No data	No data	No data
2023	$69,212	$109,066	$63,149	$-39,854
2022	$77,249	$90,658	$100,746	$-13,409
2021	$120,390	$49,864	$135,987	$70,526
2020	$65,809	$66,464	$64,058	$-655
2019	$78,092	$78,884	$62,499	$-792
2018	$87,150	$89,695	$64,524	$-2,545

MARYLAND CONSERVATORY OF MUSIC INC