Brevard, NC
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)BREVARD MUSIC CENTER INCORPORATED, founded in 1947, is a mid-sized nonprofit that reported $12.5M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $3.3M, a strong 26% operating margin.
Brevard Music Center, a summer institute and festival, teaches gifted young musicians to prepare and perform great musical works at a high artistic level.
The Brevard Music Center Summer Institute and Festival is a prestigious annual event that provides young musicians with intensive training and performance opportunities. The programs...
The Brevard Music Center Summer Institute and Festival is a prestigious annual event that provides young musicians with intensive training and performance opportunities. The programs offered-Bluegrass, Jazz, Orchestral Studies, Piano, Composition, Voice, and Opera-showcase a diverse and comprehensive curriculum designed to cater to students with varying musical interests and specialties. Each summer, the Center welcomes nearly 1,000 students who immerse themselves in rigorous training and masterclasses led by accomplished instructors and professional musicians. These students then apply their skills in a real-world context through approximately 50 public performances, including recitals, concerts, and fully staged productions, providing them with valuable performance experience. From June through August, BMC's active summer season draws in over 40,000 music enthusiasts, families, and supporters to witness a wide array of musical events. This period is not only an educational opportunity for participants but also a cultural highlight for audiences who attend the performances.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $12,498,572 | $10,243,958 | +0.2% |
| Expenses | $9,219,961 | $6,540,952 | +0.4% |
| Net Income | $3,278,611 | $3,703,006 | -0.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| N/A | BOARD CHAIR | 3.0 |
Officer
Director
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$0 | $0 | $0 |
| N/A | SECRETARY | 3.0 |
Officer
Director
|
$0 | $0 | $0 |
| N/A | BOARD VICE-CHAIR | 3.0 |
Officer
Director
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$0 | $0 | $0 |
| N/A | BOARD TREASURER | 3.0 |
Officer
Director
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
Director
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
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| N/A | BOARD MEMBER | 3.0 |
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| N/A | BOARD MEMBER | 3.0 |
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| N/A | BOARD MEMBER | 3.0 |
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$0 | $0 | $0 |
| N/A | BOARD MEMBER | 3.0 |
Director
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$0 | $0 | $0 |
| N/A | VICE-PRESIDENT | 40.0 |
Officer
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$173,414 | $31,144 | $204,558 |
| N/A | CHIEF FINANCIAL OFFICER | 40.0 |
Officer
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$162,507 | $21,856 | $184,363 |
| N/A | PRESIDENT | 40.0 |
Officer
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$435,000 | $14,310 | $449,310 |
| N/A | ADVANCEMENT OFFICER | 40.0 |
Highest
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$110,359 | $13,473 | $123,832 |
| N/A | SR DIRECTOR OF DEVELOPMENT | 40.0 |
Highest
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$161,000 | $22,538 | $183,538 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $12,498,572 | $9,219,961 | $67,385,532 | $3,278,611 |
| 2022 | $10,243,958 | $8,550,358 | $62,820,659 | $1,693,600 |
| 2021 | $12,354,771 | $5,669,739 | $69,609,976 | $6,685,032 |
| 2020 | $6,821,631 | $3,764,261 | $61,866,032 | $3,057,370 |
| 2019 | $9,911,766 | $8,107,016 | $54,225,428 | $1,804,750 |
| 2018 | $11,718,804 | $9,110,067 | $44,370,966 | $2,608,737 |
Compare BREVARD MUSIC CENTER INCORPORATED with other nonprofits in North Carolina and across the country.