CHRISTIAN MUSIC TRADE ASSOCIATION

EIN: 621558148

HENDERSONVILLE, TN

Total Revenue
$249,479
Total Expenses
$224,666
Total Assets
$195,534
Net Assets
$189,212
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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
1993
Legal Domicile
TN
Principal Officer
ED LEONARD
Phone
6158224524
Tax Period
2023-01-01 to 2023-12-31

CHRISTIAN MUSIC TRADE ASSOCIATION, founded in 1993, is a small nonprofit that reported $249K in total revenue in fiscal year 2023. Expenses of $225K left a modest 10% surplus.

Mission

CMTA'S EXEMPT PURPOSE IS TO INCREASE CHRISTIAN MUSIC'S INFLUENCE WITHIN THE CHURCHES AND MAINSTREAM CULTURE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $4,500
Program Service Revenue $243,650
Investment Income $1,329
Other Revenue $0
TOTAL REVENUE $249,479

Expense Breakdown

Grants Paid $0
Salaries & Benefits $55,392
Fundraising Expenses $0
Program Expenses $224,666
Other Expenses $169,274
TOTAL EXPENSES $224,666

Year-over-Year Comparison

2023 2022 Change
Revenue $249,479 $247,618 +0.0%
Expenses $224,666 $249,116 -0.1%
Net Income $24,813 $-1,498 -17.6%
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
9
Independent Members
4
Employees
2
Volunteers
10

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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREG BAYS DIRECTOR N/A
Director
$0 $0 $0
JOHN CHAPMAN DIRECTOR N/A
Director
$0 $0 $0
DARREN ELROD DIRECTOR N/A
Director
$0 $0 $0
ED LEONARD CHAIR N/A
Officer Director
$0 $0 $0
BRYANT SCOTT DIRECTOR N/A
Director
$0 $0 $0
PAUL SIZELOVE DIRECTOR N/A
Director
$0 $0 $0
TODD STEPP SECRETARY/TR N/A
Officer Director
$0 $0 $0
JOHN STOKES DIRECTOR N/A
Director
$0 $0 $0
DAVID SYLVESTER DIRECTOR N/A
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
2024 No data No data No data No data
2023 $249,479 $224,666 $195,534 $24,813
2022 $247,618 $249,116 $164,589 $-1,498
2021 $351,735 $316,168 $562,095 $35,567
2020 $242,279 $328,594 $338,155 $-86,315
2019 $336,192 $367,979 No data $-31,787
2018 $346,465 $351,589 $249,795 $-5,124
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