TOSCO MUSIC PARTIES INC

EIN: 562135861 501(c)(3) Arts, Culture & Humanities

CHARLOTTE, NC

Total Revenue
$526,725
Total Expenses
$629,591
Total Assets
$114,653
Net Assets
$48,592
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NC
Principal Officer
JOHN TOSCO
Phone
7045689685
Tax Period
2024-07-01 to 2025-06-30

TOSCO MUSIC PARTIES INC, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $527K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. Expenses of $630K exceeded revenue, resulting in a 20% operating deficit.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $266,334
Program Service Revenue $260,384
Investment Income $7
Other Revenue $0
TOTAL REVENUE $526,725

Expense Breakdown

Grants Paid $4,385
Salaries & Benefits $201,357
Fundraising Expenses $14,095
Program Expenses $523,761
Other Expenses $423,849
TOTAL EXPENSES $629,591

Year-over-Year Comparison

2024 2023 Change
Revenue $526,725 $626,809 -0.2%
Expenses $629,591 $823,208 -0.2%
Net Income $-102,866 $-196,399 -0.5%
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

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
8
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
4
$95,000
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT ADDEN TREASURER N/A
Officer Director
$0 $0 $0
JANE BALLARD DIRECTOR N/A
Director
$0 $0 $0
JAMEY BOITER DIRECTOR N/A
Director
$0 $0 $0
DEWITT CROSBY DIRECTOR N/A
Director
$0 $0 $0
MATT CROWDER DIRECTOR N/A
Director
$0 $0 $0
KAREN GUNTHER DIRECTOR N/A
Director
$0 $0 $0
MARTHA HARBISON CHAIR N/A
Officer Director
$0 $0 $0
SANDRA JAMES DIRECTOR N/A
Director
$0 $0 $0
ELIZABETH LEWICKI DIRECTOR N/A
Director
$0 $0 $0
SUSAN LOUDENSLAGER DIRECTOR N/A
Director
$0 $0 $0
CAROLYN LUGO-ALLRED DIRECTOR N/A
Director
$0 $0 $0
BRAD MERLIE SECRETARY N/A
Officer Director
$0 $0 $0
LANCE OLLIVIERRE DIRECTOR N/A
Director
$0 $0 $0
CARRIE TEIXEIRA DIRECTOR N/A
Director
$0 $0 $0
GRAVES UPCHURCH DIRECTOR N/A
Director
$0 $0 $0
JOHN TOSCO EXECUTIVE DI 40.00
Officer
$95,000 $0 $95,000
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
2025 $526,725 $629,591 $114,653 $-102,866
2024 $626,809 $823,208 $172,463 $-196,399
2024 $626,809 $823,208 $172,463 $-196,399
2023 $625,168 $717,118 $355,443 $-91,950
2022 $705,564 $485,835 $450,108 $219,729
2021 $326,893 $236,429 $258,036 $90,464
2020 $260,910 $217,335 $140,144 $43,575
2018 $262,648 $232,596 $83,272 $30,052
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare TOSCO MUSIC PARTIES INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.