MUSIC LEARNING FOUNDATION

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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

2005

Legal Domicile

Principal Officer

JERRY C BISHOP

Phone

9724990831

Tax Period

2023-01-01 to 2023-12-31

MUSIC LEARNING FOUNDATION, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $262K in total revenue in fiscal year 2023. Revenue surged 97% from the prior year, signaling strong growth momentum.

Mission

MUSIC EDUCATION AND PERFORMANCE EXPERIENCE FOR YOUNG MUSICIANS.

Program Service Accomplishments

Program 1

MUSIC LEARNING FOUNDATION GIVES OVER 100 CHILDREN THE OPPORTUNITY TO TRAVEL AROUND THE SOUTHWEST REGION OF THE COUNTRY AND PERFORM IN CONCERTS. THE RELATED PROGRAM SERVICE EXPENSES INCLUDE AMOUNTS...

MUSIC LEARNING FOUNDATION GIVES OVER 100 CHILDREN THE OPPORTUNITY TO TRAVEL AROUND THE SOUTHWEST REGION OF THE COUNTRY AND PERFORM IN CONCERTS. THE RELATED PROGRAM SERVICE EXPENSES INCLUDE AMOUNTS FOR FOOD, LODGING, TRANSPORTATION, AND OTHER CONCERT-RELATED EXPENSES WHILE ON TOUR.

Program 2

MUSIC LEARNING FOUNDATION GIVES OVER 100 CHILDREN THE OPPORTUNITY TO ATTEND CAMPS TO INPROVE THEIR MUSICAL SKILLS. THE RELATED PROGRAM SERVICE EXPENSES INCLUDE AMOUNTS FOR FOOD, LODGING, AND...

MUSIC LEARNING FOUNDATION GIVES OVER 100 CHILDREN THE OPPORTUNITY TO ATTEND CAMPS TO INPROVE THEIR MUSICAL SKILLS. THE RELATED PROGRAM SERVICE EXPENSES INCLUDE AMOUNTS FOR FOOD, LODGING, AND TRANSPORTATION FOR HE CHILDREN WHILE ATENDING THE CAMP.

Program 3

MUSIC LEARNING FOUNDATION GIVES OVER 100 CHILDREN THE OPPORTUNITY TO ATTEND CAMPS TO INPROVE THEIR MUSICAL SKILLS. THE RELATED PROGRAM SERVICE EXPENSES INCLUDE AMOUNTS FOR FOOD, LODGING, AND...

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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 $0

Program Service Revenue $262,363

Investment Income $0

Other Revenue $0

TOTAL REVENUE $262,363

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $255,413

Other Expenses $255,413

TOTAL EXPENSES $255,413

Year-over-Year Comparison

	2023	2022	Change
Revenue	$262,363	$133,198	+1.0%
Expenses	$255,413	$97,792	+1.6%
Net Income	$6,950	$35,406	-0.8%

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
JERRY C BISHOP	PRESIDENT	N/A	Officer Director	$0	$0	$0
NORMA J BISHOP	SECRETARY	N/A	Officer Director	$0	$0	$0
RICK BOASE	TRUSTEE	N/A	Director	$0	$0	$0
KEN UTZ JR	TRUSTEE	N/A	Director	$0	$0	$0
JOHN NELSON	TRUST	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
2023	$262,363	$255,413	$73,298	$6,950
2022	$133,198	$97,792	$63,794	$35,406
2021	$21,262	$19,927	$28,389	$1,335
2020	$101,344	$88,611	$27,370	$12,733
2019	$264,510	$271,457	$15,978	$-6,947
2018	$279,068	$314,721	$25,192	$-35,653