Denver, CO
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Ascanio's Purse, founded in 2002, is a small nonprofit in the Arts, Culture & Humanities sector that reported $155K in total revenue in fiscal year 2022. Revenue fell 77% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $24K, a strong 15% operating margin.
Ascanio's Purse provides funding for select concerts and recordings of the great French composer Hector Berlioz in addition to other great masterpieces as evidenced by our latest recording of Handel's Messiah.
HAVING TURNED 20 YEARS OLD IN 2023, ASCANIO'S PURSE CELEBRATES ITS PAST PRODUCTION, RECORDING, AND WIDE DISSEMINATION FOR THE BENEFIT OF THE GENERAL PUBLIC OF MANY MAJOR OPERATIC AND OTHER WORKS OF...
HAVING TURNED 20 YEARS OLD IN 2023, ASCANIO'S PURSE CELEBRATES ITS PAST PRODUCTION, RECORDING, AND WIDE DISSEMINATION FOR THE BENEFIT OF THE GENERAL PUBLIC OF MANY MAJOR OPERATIC AND OTHER WORKS OF THE CLASSICAL MUSIC CANNON. THESE HAVE BEEN GENERATIONAL MUSICAL RECORDINGS, ALL RESULTING FROM THE EFFORTS OF AN INTERNATIONAL TEAM OF MAJOR ARTISTS, RECORDING PROFESSIONALS, AND THE RECORD LABELS OF WARNER MUSIC. SUCH RECORDINGS HAVE MADE AVAILABLE TO A LARGE PUBLIC AUDIENCE WORLDWIDE AND IN THE UNITED STATES COMPLETE, AUTHENTIC, AND HIGH-FIDELITY CONCERT VERSIONS OF MUSICAL MASTERPIECES THAT OTHERWISE WOULD NOT HAVE BEEN ECONOMICAL OR FEASIBLE TO PRODUCE. NONE OF THIS COULD HAVE BEEN ACHIEVED BUT FOR THE CHARITABLE EFFORTS AND FINANCIAL CONTRIBUTIONS OF ASCANIO'S PURSE AND ITS GENEROUS DONORS. THROUGH THE ASSEMBLY AND STRUCTURE OF ITS TEAM, ASCANIO'S PURSE WAS ABLE TO FUND AND PRODUCE A SIGNIFICANT BODY OF HECTOR BERLIOZ'S MAJOR OPERAS AND OTHER VOCAL AND INSTRUMENTAL WORKS. IT ALSO WAS ABLE TO BRANCH OUT TO SIMILAR REPERTOIRE BY OTHER CLASSICAL COMPOSERS THE PARTICULAR INTEREST AND EXPERTISE OF THE TEAM, FOR EXAMPLE, HANDEL'S MESSIAH. ASCANIO'S PURSE IS LOOKING FORWARD TO CONTINUING THE ABOVE-DESCRIBED ACTIVITIES WITH ITS TEAM. IN 2022 THE ORGANIZATION FUNDED AND PRODUCED HANDEL'S MESSIAH AND THE OPERA ROMEO AND JULIET.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $154,704 | $685,843 | -0.8% |
| Expenses | $130,845 | $942,917 | -0.9% |
| Net Income | $23,859 | $-257,074 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| JOHN NELSON | PRESIDENT | 5.0 |
Officer
Director
|
$15,000 | $0 | $15,000 |
| MR JACK FIRESTONE | TREASURER | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID FULLER | SECRETARY | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT SOBEL | EXECUTIVE DIRECTOR | 5.0 |
Officer
Director
|
$0 | $0 | $0 |
| WILL WYTIAS-SOBEL | Chair and Vice-President | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $154,704 | $130,845 | $122,645 | $23,859 |
| 2022 | $685,843 | $942,917 | $98,786 | $-257,074 |
| 2021 | $568,823 | $265,411 | $634,079 | $303,412 |
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