HUNGRY FOR MUSIC

🔒

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

2010

Legal Domicile

Principal Officer

JEFF CAMPBELL

Phone

2026743000

Tax Period

2024-01-01 to 2024-12-31

HUNGRY FOR MUSIC, founded in 2010, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 88% from the prior year, signaling strong growth momentum. The organization ran a surplus of $781K, a strong 76% operating margin.

Mission

IN 31 YEARS WEVE DELIVERED 27,000 INSTRUMENTS TO CHILDREN IN 50 STATES AND 40 COUNTRIES

Program Service Accomplishments

Program 1

Expenses: $213,032 Revenue: $1,024,773

WEVE DELIVERED 11,000 INSTRUMENTS TO CHILDREN IN 49 STATES AND 25 COUNTRIES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $1,000,966

Program Service Revenue $0

Investment Income $0

Other Revenue $23,807

TOTAL REVENUE $1,024,773

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $5,461

Program Expenses $213,032

Other Expenses $243,282

TOTAL EXPENSES $243,282

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,024,773	$544,591	+0.9%
Expenses	$243,282	$231,769	+0.0%
Net Income	$781,491	$312,822	+1.5%

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

N/A

Volunteers

N/A

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

$46,440

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFF CAMPBELL	EXECUYIVE DIR	40.00	Director	$24,000	$2,040	$46,440
KAY COYTE	DIRECTOR	0.00	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
2024	$1,024,773	$243,282	$1,402,637	$781,491
2023	$593,447	$231,769	$30,071	$361,678
2023	$618,223	$231,769	$570,527	$386,454
2022	$342,759	$221,637	$50,443	$121,122
2021	$223,953	$194,555	$51,824	$29,398
2020	$160,992	$169,355	$51,824	$-8,363
2019	$141,260	$139,913	$59,552	$1,347
2018	$200,970	$170,378	$35,690	$30,592