COMMUNITY MUSIC CENTER OF HOUSTON (EIN 760085877) - 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

1979

Legal Domicile

Phone

7135239710

Tax Period

2023-09-01 to 2024-08-31

COMMUNITY MUSIC CENTER OF HOUSTON, founded in 1979, is a small nonprofit that reported $460K in total revenue in fiscal year 2023. Revenue surged 110% from the prior year, signaling strong growth momentum. Expenses of $413K left a modest 10% surplus.

Mission

To Preserve Black Music Traditions that the community is seldom exposed to or is in danger of being lost.

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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 $427,443

Program Service Revenue $32,509

Investment Income $49

Other Revenue $0

TOTAL REVENUE $460,001

Expense Breakdown

Grants Paid $2,800

Salaries & Benefits $121,518

Fundraising Expenses $7,850

Program Expenses $269,603

Other Expenses $288,515

TOTAL EXPENSES $412,833

Year-over-Year Comparison

	2023	2022	Change
Revenue	$460,001	$218,598	+1.1%
Expenses	$412,833	$227,325	+0.8%
Net Income	$47,168	$-8,727	-6.4%

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

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
Elizabeth Watkins	Chairperson	40.00	Officer Director	$0	$0	$0
Betty Parker	Secretary	2.00	Officer Director	$0	$0	$0
Marrio Hinkle	Treasurer	4.00	Officer Director	$0	$0	$0
Cora Robinson	Boardmember	2.00	Director	$0	$0	$0
Jorge Martinez	Boardmember	2.00	Director	$0	$0	$0
Jasmine Quinerly	Boardmember	2.00	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	$460,001	$412,833	$419,603	$47,168
2023	$218,598	$227,325	$357,348	$-8,727
2022	$244,285	$263,060	$364,400	$-18,775
2021	$386,018	$172,930	$261,094	$213,088

COMMUNITY MUSIC CENTER OF HOUSTON