BOCA RATON, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)HARID CONSERVATORY OF MUSIC INC, founded in 1986, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.4M in total revenue in fiscal year 2023. Revenue fell 64% from the prior year — a significant decline worth monitoring. Expenses of $3.8M exceeded revenue, resulting in a 61% operating deficit.
TO PROVIDE PRE-PROFESSIONAL DANCE TRAINING TO GIFTED DANCERS AND TO PROVIDE HIGH SCHOOL DIPLOMAS. TO SET THE STANDARD FOR DANCE TRAINING IN THE UNITED STATES BY PRODUCING DANCERS WHOSE ARTISTIC QUALIFICATIONS MAKE THEM SUPERIOR CANDIDATES FOR EMPLOYMENT BY PROFESSIONAL BALLET COMPANIES, AND WHO ACADEMIC QUALIFICATIONS OFFER THEM THE OPTION OF PURSUING HIGHER EDUCATION AT A COLLEGE OR UNIVERSITY. HARD ALSO SEEKS TO FURTHER ENRICH THE CULTURAL LIFE OF SOUTH FLORIDA BY PRESENTING HIGH-QUALITY STUDENT PERFORMANCES FOR THE COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $2,352,105 | $6,582,891 | -0.6% |
| Expenses | $3,796,564 | $3,161,377 | +0.2% |
| Net Income | $-1,444,459 | $3,421,514 | -1.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| GORDON WRIGHT | EXECUTIVE VP/DIR. | 40.00 |
Officer
Director
|
$136,875 | $1,000 | $137,875 |
| AMANDA MURPHY | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| ARTHUR R REDGRAVE | SECRETARY/TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| KENNETH WENZEL | TREASURER/TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN M WARGO | PRESIDENT/TRUSTEE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| GLENN M RISSMAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| RUBEN JAEN | VP FINANCE AND OPERATIONS | 40.00 |
Officer
|
$88,191 | $1,000 | $89,191 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | $2,352,105 | $3,796,564 | $35,784,687 | $-1,444,459 |
| 2023 | $6,582,891 | $3,473,827 | $34,327,923 | $3,109,064 |
| 2022 | $2,613,825 | $3,188,729 | $30,176,495 | $-574,904 |
| 2021 | $2,295,901 | $2,116,137 | $34,718,794 | $179,764 |
| 2020 | $3,605,284 | $2,921,650 | $30,981,083 | $683,634 |
| 2019 | $2,571,481 | $3,049,788 | $31,870,652 | $-478,307 |
| 2018 | $2,098,444 | $3,039,005 | $32,065,747 | $-940,561 |
Compare HARID CONSERVATORY OF MUSIC INC with other nonprofits in Florida and across the country.