THE MONTCLAIR ORCHESTRA INC

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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

ANDRE WEKER

Phone

9734352906

Tax Period

2021-07-01 to 2022-06-30

THE MONTCLAIR ORCHESTRA INC, founded in 2016, is a small nonprofit that reported $333K in total revenue in fiscal year 2021. Revenue surged 173% from the prior year, signaling strong growth momentum. Expenses of $368K exceeded revenue, resulting in a 11% operating deficit.

Mission

TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR MUSIC STUDENTS TO ADVANCE THEIR TRAINING THROUGH COLLABORATION WITH CONSERVATORIES, PROFESSIONAL ORCHESTRAS AND MUSICIANS; TO COLLABORATE WITH ART, THEATER, HISTORICAL AND SIMILAR ORGANIZATIONS TO PROVIDE COMPREHENSIVE CULTURAL OFFERINGS; AND TO PROVIDE ORCHESTRAL MUSIC FOR AUDIENCES TO ENJOY AND APPRECIATE.

Program Service Accomplishments

Program 1

Expenses: $303,146 Revenue: $88,639

YOUTH AND FELLOWSHIP ORCHESTRA PROGRAMS FOR MUSIC STUDENTS TO ADVANCE THEIR TRAINING THROUGH COLLABORATION WITH CONSERVATORIES, PROFESSIONAL ORCHESTRAS AND MUSICIANS

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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 (2021)

Revenue Breakdown

Contributions & Grants $244,465

Program Service Revenue $88,097

Investment Income $0

Other Revenue $542

TOTAL REVENUE $333,104

Expense Breakdown

Grants Paid $47,545

Salaries & Benefits $50,162

Fundraising Expenses $11,000

Program Expenses $303,146

Other Expenses $259,472

TOTAL EXPENSES $368,179

Year-over-Year Comparison

	2021	2020	Change
Revenue	$333,104	$122,091	+1.7%
Expenses	$368,179	$88,483	+3.2%
Net Income	$-35,075	$33,608	-2.0%

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

N/A

Independent Members

N/A

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
BELA SCHWARTZ	DIRECTOR	3.00	Director	$0	$0	$0
AMY MYERS	DIRECTOR	3.00	Director	$0	$0	$0
WENDY MCNEIL	DIRECTOR	3.00	Director	$0	$0	$0
THOMAS PARENTE	DIRECTOR	3.00	Director	$0	$0	$0
KAREN GOLDMAN	DIRECTOR	3.00	Director	$0	$0	$0
SYLVIA COHN	DIRECTOR	3.00	Director	$0	$0	$0
CATHERINE IRWIN	DIRECTOR/SECRETARY	3.00	Officer Director	$0	$0	$0
LISA GITTENS WILLIAMS	DIRECTOR	3.00	Director	$0	$0	$0
RAVI SRINIVASAN	DIRECTOR	3.00	Director	$0	$0	$0
MEREDITH BERGMANN	DIRECTOR	3.00	Director	$0	$0	$0
TED STAMAS	DIRECTOR	3.00	Director	$0	$0	$0
ANDRE WEKER	PRESIDENT	40.00	Officer	$0	$0	$0
TOM WHITE	TREASURER	3.00	Officer	$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
2022	$333,104	$368,179	$100,803	$-35,075