HOLLYWOOD, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)AMERICAN FRIENDS OF FLORENCE MUSIC INC, founded in 2016, is a micro nonprofit that reported $23K in total revenue in fiscal year 2023. Revenue fell 74% from the prior year — a significant decline worth monitoring. Expenses of $120K exceeded revenue, resulting in a 428% operating deficit.
THE ORGANIZATION WILL RAISE FUNDS FROM THE PUBLIC AND THROUGH GRANTS FROM OTHER PUBLIC CHARITIES AND PRIVATE FOUNDATIONS (AND POTENTIALLY, GOVERNMENT GRANTS) TO ASSIST AND SUPPORT PERFORMERS IN AND AROUND FLORENCE, ITALY, INCLUDING, FOR EXAMPLE, OPERA AND CLASSICAL MUSIC PERFORMANCES AT MAGGIO MUSICALE FIORENTINO (A WORLD ACCLAIMED ANNUAL MUSIC AND ART FESTIVAL IN FLORENCE), AMICI DELLA MUSICA FIRENZE (ONE OF THE OLDEST AND MOST PRESTIGIOUS CONCERT VENUES IN ITALY WITH A REGULAR SEASON OF CONCERTS), TEATRO DEL MAGGIO MUSICALE FIORENTINO (AN OPERA HOUSE THAT HOSTS OPERA, ORCHESTRAS, BALLETS AND OTHER MUSICAL AND ARTISTIC ACTIVITIES YEAR ROUND), AS WELL AS SPECIAL PROJECTS AND EVENTS PROPOSED BY MAJOR FLORENTINE MUSICAL INSTITUTIONS, ARTISTS CREATING NEW MUSICAL WORKS TO BE PERFORMED IN FLORENCE, PERFORMANCES BY WORLD-ACCLAIMED MUSICIANS IN FLORENCE, AND CULTURAL EXCHANGES BETWEEN THE UNITED STATES AND ITALY.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $22,691 | $86,066 | -0.7% |
| Expenses | $119,892 | $977,613 | -0.9% |
| Net Income | $-97,201 | $-891,547 | -0.9% |
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 |
|---|---|---|---|---|---|---|
| JAMES F MILLER | DIRECTOR | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ALAN VICKERY | DIRECTOR, TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROBERT M BAER | DIRECTOR, SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| JEFFREY DEVOR THICKMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CHARLES FOX MILLER | DIRECTOR, PRESIDENT | 1.00 |
Director
|
$0 | $0 | $0 |
| AMY HABIE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $22,691 | $119,892 | $147,628 | $-97,201 |
| 2022 | $86,066 | $977,613 | $244,829 | $-891,547 |
| 2021 | $1,643,471 | $664,447 | $1,136,376 | $979,024 |
| 2020 | $100,800 | $156,236 | $157,352 | $-55,436 |
| 2019 | $36,800 | $1,542 | $212,788 | $35,258 |
| 2018 | $135,236 | $233 | $177,530 | $135,003 |
Compare AMERICAN FRIENDS OF FLORENCE MUSIC INC with other nonprofits in Florida and across the country.