MUSIC PRESERVATION SOCIETY INC

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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

Principal Officer

TORI BAILEY

Phone

2567667642

Tax Period

2018-10-01 to 2019-09-30

MUSIC PRESERVATION SOCIETY INC is a small nonprofit in the Arts, Culture & Humanities sector that reported $169K in total revenue in fiscal year 2018. Expenses of $187K exceeded revenue, resulting in a 11% operating deficit.

Mission

EVENTS COMPRISING THE W.C. HANDY FESTIVAL WERE PRIMARILY MUSICAL IN NATURE AND DEEPENED AWARENESS OF AND APPRECIATION FOR MUSICAL HERITAGE AND CULTURE

Program Service Accomplishments

Program 1

Expenses: $186,605 Revenue: $115,525

EVENTS COMPRISING THE W.C. HANDY FESTIVAL WERE PRIMARILY MUSICAL IN NATURE AND DEEPENED AWARENESS OF AND APPRECIATION FOR MUSICAL HERITAGE AND 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%)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $52,993

Program Service Revenue $115,525

Investment Income $0

Other Revenue $0

TOTAL REVENUE $168,518

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $186,605

Other Expenses $186,605

TOTAL EXPENSES $186,605

Year-over-Year Comparison

	2018	2017	Change
Revenue	$168,518	$158,152	+0.1%
Expenses	$186,605	$188,034	0.0%
Net Income	$-18,087	$-29,882	-0.4%

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
FELICE GREEN	PRESIDENT-EL	N/A	Officer	$0	$0	$0
ALISON STANFIELD	SECRETARY	N/A	Officer	$0	$0	$0
DICK COOPER	VICE PRESIDE	N/A	Officer	$0	$0	$0
TORI BAILEY	PRESIDENT	N/A	Officer	$0	$0	$0
TIM LEIGH	TREASURER	N/A	Officer	$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
2019	$168,518	$186,605	$32	$-18,087
2018	$158,152	$188,034	$46	$-29,882