MUSIC CHANGING LIVES (EIN 582672644) - 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

2003

Legal Domicile

Principal Officer

JOSIAH BRUNY

Phone

3238210458

Tax Period

2024-07-01 to 2025-06-30

MUSIC CHANGING LIVES, founded in 2003, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2024. Revenue grew 19% year-over-year, indicating healthy expansion.

Mission

At Music Changing Lives, our mission is to oofer the highest quality music and art enrichment programs paired with academic support to underpriviled and at-risk youth ages 5 and older. We work to improve their chances of achieving a positive and successful future and trnsform them into active and knowledge civic participants

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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 $1,332,159

Program Service Revenue $0

Investment Income $0

Other Revenue $22,342

TOTAL REVENUE $1,354,501

Expense Breakdown

Grants Paid $0

Salaries & Benefits $57,557

Fundraising Expenses $0

Program Expenses $1,069,937

Other Expenses $1,257,256

TOTAL EXPENSES $1,314,813

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,354,501	$1,138,801	+0.2%
Expenses	$1,314,813	$1,103,040	+0.2%
Net Income	$39,688	$35,761	+0.1%

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

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

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSIAH BRUNY	PRESIDENT	40.00	Officer Director	$0	$0	$0
KRISTIE ALLISON	SECRETARY	10.00	Officer Director	$0	$0	$0
GRANADA CRAWFORD	TREASURER	10.00	Officer Director	$0	$0	$0
JESSICA BRUNY	PROGRAM CHAIR	20.00	Officer Director	$0	$0	$0
STEVEN BIELAK	BOARD MEMBER	10.00	Officer Director	$0	$0	$0
LESLIE SETTLE	MARKETING CHAIR	10.00	Director	$0	$0	$0
JACKIE MELENDEZ	BOARD CHAIR	10.00	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	$1,354,501	$1,314,813	No data	$39,688
2024	$1,138,801	$1,103,040	No data	$35,761
2023	$1,665,206	$1,343,687	No data	$321,519
2022	$2,810,355	$734,962	$2,653,794	$2,075,393
2021	$1,981,255	$1,931,038	$470,467	$50,217

MUSIC CHANGING LIVES