FRIENDS OF CHAMBER MUSIC OF MIAMI INC (EIN 590996022) - 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

1955

Legal Domicile

Phone

3053722975

Tax Period

2024-07-01 to 2025-06-30

FRIENDS OF CHAMBER MUSIC OF MIAMI INC, founded in 1955, is a small nonprofit that reported $136K in total revenue in fiscal year 2024. The organization ran a surplus of $68K, a strong 50% operating margin.

Mission

Friends of Chamber Music of Miami,Inc. is dedicated to the presentation of Chamber Music as performed by the worlds gratest Chamber ensembles. Its mission os two-fold: To preserve the art of Chamber Music performance by showcasing the most exempary artists

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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 $122,428

Program Service Revenue $13,369

Investment Income $0

Other Revenue $0

TOTAL REVENUE $135,797

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $61,627

Other Expenses $67,399

TOTAL EXPENSES $67,399

Year-over-Year Comparison

	2024	2023	Change
Revenue	$135,797	N/A	N/A
Expenses	$67,399	N/A	N/A
Net Income	$68,398	N/A	N/A

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Daniel Kreeger	Director and Board President	15.00	Officer Director	$0	$0	$0
Daniel Thomas	Director and Treasurer	1.00	Officer Director	$0	$0	$0
Stephen Margulis	Director and Secretary	1.00	Officer Director	$0	$0	$0
Abram Kreeger	Director and Artistic Co-Di	1.00	Director	$0	$0	$0
Jessica Ginsberg	Director	6.00	Director	$0	$0	$0
Doug Wartzok	Director	1.00	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	$135,797	$67,399	$82,696	$68,398
2024	$93,154	$86,753	$14,298	$6,401
2023	$101,994	$117,503	$7,897	$-15,509
2022	$96,146	$122,579	$23,406	$-26,433
2021	$55,767	$36,731	$49,839	$19,036
2020	$172,133	$144,401	$30,805	$27,732

FRIENDS OF CHAMBER MUSIC OF MIAMI INC