WILLIAM THOMAS MCKINLEY FOUNDATION FOR AMERICAN MUSIC (EIN 813119996) - 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

2016

Legal Domicile

Principal Officer

Elliott McKinley

Phone

7659606469

Tax Period

2025-01-01 to 2025-12-31

WILLIAM THOMAS MCKINLEY FOUNDATION FOR AMERICAN MUSIC, founded in 2016, is a micro nonprofit in the Education sector that reported $3K in total revenue in fiscal year 2025. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $23K exceeded revenue, resulting in a 559% operating deficit.

Mission

To support the music and legacy of American composer William Thomas McKinley (1938 - 2015) through publication, recordings, the support of an archive of his music and writings, and a continuing mission to to support educational programs and grants in music and music composition for young American composers in honor of the educational legacy of Mr. McKinley.

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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 (2025)

Revenue Breakdown

Contributions & Grants $1,000

Program Service Revenue $0

Investment Income $1,966

Other Revenue $519

TOTAL REVENUE $3,485

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $22,983

Other Expenses $22,983

TOTAL EXPENSES $22,983

Year-over-Year Comparison

	2025	2024	Change
Revenue	$3,485	$20,830	-0.8%
Expenses	$22,983	$23,318	0.0%
Net Income	$-19,498	$-2,488	+6.8%

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

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
Elliott McKinley	President, Treasurer	1	Officer Director	$0	$0	$0
Derrick McKinley	Vice President	1	Officer Director	$0	$0	$0
Nathaniel Akers	Secretary	1	Officer Director	$0	$0	$0
Jordan McKinley	Director	1	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
2025	$3,485	$22,983	$69,986	$-19,498
2024	$20,830	$23,318	$89,484	$-2,488

WILLIAM THOMAS MCKINLEY FOUNDATION FOR AMERICAN MUSIC