Atlanta Master Chorale

EIN: 582571776 501(c)(3) Arts, Culture & Humanities

Atlanta, GA

Total Revenue
$319,236
Total Expenses
$376,863
Total Assets
$268,004
Net Assets
$267,022
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
GA
Principal Officer
Stephanie Watkins
Phone
4049154541
Tax Period
2024-08-01 to 2025-07-31

Atlanta Master Chorale, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $319K in total revenue in fiscal year 2024. Expenses of $377K exceeded revenue, resulting in a 18% operating deficit.

Mission

To inspire, educate, and enrich our community through the performance of inspirational choral music, to sing at the highest level of choral artistry, and to a standard of excellence among performing arts organizations.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $186,457
Program Service Revenue $123,793
Investment Income $0
Other Revenue $8,986
TOTAL REVENUE $319,236

Expense Breakdown

Grants Paid $0
Salaries & Benefits $208,246
Fundraising Expenses $15,767
Program Expenses $300,264
Other Expenses $168,617
TOTAL EXPENSES $376,863

Year-over-Year Comparison

2024 2023 Change
Revenue $319,236 $325,611 0.0%
Expenses $376,863 $333,915 +0.1%
Net Income $-57,627 $-8,304 +5.9%
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

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Governance

Voting Members
18
Independent Members
16
Employees
2
Volunteers
50

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
$65,000
Total Directors
17
$114,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Eric Nelson Artistic Director 20.00
Director
$65,000 $0 $65,000
James Verrecchia Executive Director 40.00
Officer
$65,000 $0 $65,000
Jonathan Easter Accompanist 20.00
Director
$28,000 $0 $28,000
Amy Kuhn Admin Manager 20.00
Director
$21,000 $0 $21,000
Charlie Rogers Board Member 3.00
Director
$0 $0 $0
Sydney Cleland Board Member 3.00
Director
$0 $0 $0
Jamie Clements Development 10.00
Director
$0 $0 $0
Sally Rhoden Board Member 3.00
Director
$0 $0 $0
Tommy Herrington Board Member 5.00
Director
$0 $0 $0
Stan Segal Board Member 3.00
Director
$0 $0 $0
Mary Slaughter Board Member 3.00
Director
$0 $0 $0
Kathryn Stone Secretary 10.00
Officer Director
$0 $0 $0
Julie Thompson Treasurer 15.00
Officer Director
$0 $0 $0
Stephanie Watkins Board Chair 3.00
Officer Director
$0 $0 $0
Cindy Evans Board Member 3.00
Director
$0 $0 $0
Leonard Jenkins Board Member 3.00
Director
$0 $0 $0
Michael Devine Board Member 3.00
Director
$0 $0 $0
Scott Lamlein Board Member 3.00
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 $319,236 $376,863 $268,004 $-57,627
2024 $325,611 $333,915 $325,547 $-8,304
2023 $301,452 $308,395 $334,164 $-6,943
2022 $310,273 $312,370 $340,008 $-2,097
2021 $288,949 $172,113 $342,105 $116,836
2020 $278,635 $236,106 $232,842 $42,529
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