COMPOSERS NOW INC (EIN 812244711) - 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

2019

Legal Domicile

Principal Officer

Tania J Leon

Phone

2128849914

Tax Period

2023-10-01 to 2024-09-30

COMPOSERS NOW INC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $145K in total revenue in fiscal year 2023. Revenue fell 59% from the prior year — a significant decline worth monitoring. Expenses of $274K exceeded revenue, resulting in a 89% operating deficit.

Mission

Composers Now empowers all living composers celebrates the diversity of their voices and honors the significance of their artistic contributions to the fabric of society

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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 $148,841

Program Service Revenue $4,000

Investment Income $0

Other Revenue $-7,724

TOTAL REVENUE $145,117

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $26,231

Program Expenses $222,955

Other Expenses $273,782

TOTAL EXPENSES $273,782

Year-over-Year Comparison

	2023	2022	Change
Revenue	$145,117	$355,578	-0.6%
Expenses	$273,782	$166,061	+0.6%
Net Income	$-128,665	$189,517	-1.7%

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

$34,275

Total Directors

$34,275

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Tania J Leon	Board Chair Artistic Director	25.00	Officer Director	$34,275	$0	$34,275
Ingrid Aybar	Board Secretary	0.50	Officer Director	$0	$0	$0
David Del Tredici	Board Member	0.50	Director	$0	$0	$0
Michael Minard	Board Member	0.50	Director	$0	$0	$0
N/A	Board Member	0.50	Director	$0	$0	$0
Henry Threadgill	Board Member	0.50	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	$145,117	$273,782	$124,830	$-128,665
2023	$355,578	$166,061	$256,858	$189,517
2022	$93,405	$134,412	$66,194	$-41,007

COMPOSERS NOW INC