COMMUNITY MUSIC SCHOOL INC (EIN 582098168) - 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

1994

Legal Domicile

Principal Officer

RAMON MARTINEZ

Phone

9198320900

Tax Period

2024-07-01 to 2025-06-30

COMMUNITY MUSIC SCHOOL INC, founded in 1994, is a small nonprofit in the Arts, Culture & Humanities sector that reported $579K in total revenue in fiscal year 2024. Expenses of $660K exceeded revenue, resulting in a 14% operating deficit.

Mission

COMMUNITY MUSIC SCHOOL OF RALEIGH POSITIVELY ENRICHES THE LIVES OF CHILDREN FROM LOW-INCOME FAMILIES THROUGH AFFORDABLE, HIGH QUALITY 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 (2024)

Revenue Breakdown

Contributions & Grants $535,830

Program Service Revenue $36,234

Investment Income $6,515

Other Revenue $0

TOTAL REVENUE $578,579

Expense Breakdown

Grants Paid $3,720

Salaries & Benefits $534,648

Fundraising Expenses $125,934

Program Expenses $493,255

Other Expenses $121,316

TOTAL EXPENSES $659,684

Year-over-Year Comparison

	2024	2023	Change
Revenue	$578,579	$550,768	+0.1%
Expenses	$659,684	$603,742	+0.1%
Net Income	$-81,105	$-52,974	+0.5%

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

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

$110,310

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR CANDICE ARRICK	DIRECTOR	1.00	Director	$0	$0	$0
JOHN L CRAMER	DIRECTOR	1.00	Director	$0	$0	$0
DONNA MOONEY HAYWOOD	PRESIDENT	1.00	Officer Director	$0	$0	$0
SANDRA DUBOSE	DIRECTOR	1.00	Director	$0	$0	$0
ALFRED MAYS	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH NYE	DIRECTOR	1.00	Director	$0	$0	$0
FRANCIS WESTMEYER	DIRECTOR	1.00	Director	$0	$0	$0
ANDY MARTIN JR	DIRECTOR	1.00	Director	$0	$0	$0
RAMON MARTINEZ	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT SAR	DIRECTOR	1.00	Director	$0	$0	$0
CHRIS WAGNER	DIRECTOR	1.00	Director	$0	$0	$0
MARTHA WEBB	SECRETARY	1.00	Officer Director	$0	$0	$0
NANCY E BROCKMAN	DIRECTOR	1.00	Director	$0	$0	$0
MYRIAH LUKE	DIRECTOR	1.00	Director	$0	$0	$0
SAMUEL FULP	TREASURER	1.00	Officer Director	$0	$0	$0
DR JAMES CORPENING	DIRECTOR	1.00	Director	$0	$0	$0
CAROLYN COLQUITT	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT MCDEVITT	DIRECTOR	1.00	Director	$0	$0	$0
VICTORIA POSADA	DIRECTOR	1.00	Director	$0	$0	$0
ZANE SOUVANLASY	FACULTY REP (NON-VOTING)	1.00	Director	$0	$0	$0
CHARLOTTE WOOTEN	DIRECTOR	1.00	Director	$0	$0	$0
MELANIE DOERNER	EXECUTIVE DIRECTOR	40.00	Officer	$110,310	$0	$110,310

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	$578,579	$659,684	$412,575	$-81,105
2024	$550,768	$603,742	$489,572	$-52,974
2023	$529,947	$538,939	$554,169	$-8,992
2022	$549,151	$403,082	$551,464	$146,069
2021	$436,180	$373,759	$395,362	$62,421
2020	$440,623	$287,110	$355,745	$153,513
2019	$289,665	$280,191	$168,975	$9,474

COMMUNITY MUSIC SCHOOL INC