Music in the Mountains Inc (EIN 742550850) - 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

1987

Legal Domicile

Principal Officer

Angie Beach

Phone

9703856820

Tax Period

2023-10-01 to 2024-09-30

Music in the Mountains Inc, founded in 1987, is a community nonprofit that reported $1.2M in total revenue in fiscal year 2023. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $1.1M left a modest 10% surplus.

Mission

To produce an exceptional summer music festival with musicians of the highest caliber, entertain, educate and delight audiences with the richness of classical music, and complement the concerts with a year round education program for youth.

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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 (2023)

Revenue Breakdown

Contributions & Grants $836,022

Program Service Revenue $186,392

Investment Income $60,934

Other Revenue $86,461

TOTAL REVENUE $1,169,809

Expense Breakdown

Grants Paid $0

Salaries & Benefits $236,465

Fundraising Expenses $49,290

Program Expenses $922,560

Other Expenses $820,548

TOTAL EXPENSES $1,057,013

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,169,809	$925,676	+0.3%
Expenses	$1,057,013	$784,828	+0.3%
Net Income	$112,796	$140,848	-0.2%

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

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

$149,393

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Gail Harris	Director	1.00	Director	$0	$0	$0
Elizabeth Hogan	President Elect	1.00	Officer Director	$0	$0	$0
Elizabeth Porter	Director	1.00	Director	$0	$0	$0
Richard Jalkut	Secretary	1.50	Officer Director	$0	$0	$0
Paul Singer	Director	1.00	Director	$0	$0	$0
Dwight Frankfather	Director	1.00	Director	$0	$0	$0
Marilyn Swanson	Director	1.00	Director	$0	$0	$0
Paul Cahill	Treasurer	1.00	Officer Director	$0	$0	$0
Sheryl Kaufman	President	4.00	Officer Director	$0	$0	$0
Ellynn Ragone	Director	1.00	Director	$0	$0	$0
Elizabeth Crandall	Director	1.00	Director	$0	$0	$0
Will Spears	Director	1.00	Director	$0	$0	$0
Danica Frost	Director	1.00	Director	$0	$0	$0
Angie Beach	Executive Dir.	40.00	Officer	$109,393	$0	$109,393
Guillermo Figueroa	Artistic Dir.	7.00	Officer	$40,000	$0	$40,000

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	$1,169,809	$1,057,013	$2,055,700	$112,796
2023	$925,676	$784,828	$1,623,821	$140,848
2022	$1,657,044	$795,683	$1,471,803	$861,361
2021	$804,583	$651,380	$691,665	$153,203
2020	$287,529	$323,177	$543,344	$-35,648
2019	$729,961	$727,225	$471,140	$2,736
2018	$742,808	$744,671	$483,638	$-1,863

Music in the Mountains Inc