PIANO TECHNICIANS GUILD 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

Formation Year

1958

Legal Domicile

Principal Officer

BARBARA CASSADAY

Phone

9134329975

Tax Period

2024-01-01 to 2024-12-31

PIANO TECHNICIANS GUILD INC, founded in 1958, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2024.

Mission

TO PROMOTE THE HIGHEST POSSIBLE STANDARDS OF PIANO SERVICE BY PROVIDING MEMBERS WITH OPPORTUNITIES FOR PROFESSIONAL DEVELOPMENT, BY RECOGNIZING TECHNICAL COMPETENCE THROUGH EXAMINATIONS AND BY ADVANCING THE INTERESTS OF ITS MEMBERS.

Program Service Accomplishments

Program 1

JOURNAL EXPENSE - PUBLICATION OF A MONTHLY MAGAZINE TO PROVIDE CURRENT TECHNICAL INFORMATION AND INFORMATION ABOUT GUILD ACTIVITIES TO MEMBERS

Program 2

CONVENTION EXPENSE - ANNUAL CONVENTION WHICH COMBINES THE ANNUAL BUSINESS MEETING WITH A TRADE SHOW AND NUMEROUS CONTINUING EDUCATION SEMINARS.

Program 3

COMMITTEE EXPENSE - TRAVEL, LODGING AND SUPPORT FOR THE VARIOUS COMMITTEES WHICH RUN THE ASSOCIATION AND PROVIDE INFORMATION TO ITS MEMBERS

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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 $5,123

Program Service Revenue $1,448,968

Investment Income $63,758

Other Revenue $6,742

TOTAL REVENUE $1,524,591

Expense Breakdown

Grants Paid $0

Salaries & Benefits $591,906

Fundraising Expenses $0

Other Expenses $899,603

TOTAL EXPENSES $1,491,509

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,524,591	$1,468,479	+0.0%
Expenses	$1,491,509	$1,415,593	+0.1%
Net Income	$33,082	$52,886	-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

Volunteers

150

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

$166,203

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
NORMAN CANTRELL	PRESIDENT	2.00	Officer Director	$0	$0	$0
JAMES BUSBY	REGIONAL VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
DAVID STONEMAN	VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
ROBIN OLSON	REGIONAL VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
RICKI KLOS	SECRETARY-TREASURER	2.00	Officer Director	$0	$0	$0
DOUGLAS SNOOK	REGIONAL VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
TORGER BALAND	REGIONAL VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
BARBARA J CASSADAY	EXECUTIVE DIRECTOR	40.00	Director	$134,481	$31,722	$166,203
WILLIAM ROPER	REGIONAL VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
MARIA POLLOCK	REGIONAL VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
LISA WELLER	REGIONAL VICE PRESIDENT	2.00	Officer 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	$1,524,591	$1,491,509	$3,562,736	$33,082
2023	$1,468,479	$1,415,593	$3,501,910	$52,886
2022	$1,277,498	$1,250,915	$3,397,715	$26,583
2021	$1,235,937	$1,080,760	$3,439,012	$155,177
2020	$1,085,687	$936,631	$3,179,576	$149,056
2019	$1,355,978	$1,400,638	$2,981,781	$-44,660
2018	$1,366,430	$1,385,340	$3,143,608	$-18,910