TACONIC MUSIC INC (EIN 814291042) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2016

Legal Domicile

Phone

8023627162

Tax Period

2024-08-01 to 2025-07-31

TACONIC MUSIC INC, founded in 2016, is a small nonprofit in the Arts, Culture & Humanities sector that reported $208K in total revenue in fiscal year 2024. Revenue decreased 6% compared to the prior year. Expenses of $185K left a modest 11% surplus.

Mission

TACONIC MUSIC, INC. PROVIDES SOUTHERN VERMONT COMMUNITIES WITH YEAR-ROUND CONCERTS, LESSONS, DEMONSTRATIONS, AND EDUCATIONAL PROGRAMS BUILT UPON THE RICH TRADITIONS OF CLASSICAL MUSIC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $135,337

Program Service Revenue $72,234

Investment Income $0

Other Revenue $0

TOTAL REVENUE $207,571

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $185,335

Other Expenses $185,335

TOTAL EXPENSES $185,335

Year-over-Year Comparison

	2024	2023	Change
Revenue	$207,571	$221,367	-0.1%
Expenses	$185,335	$223,145	-0.2%
Net Income	$22,236	$-1,778	-13.5%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB ALLEN	BOARD MEMBER	1.00	Director	$0	$0	$0
JANET WOLKOFF	BOARD MEMBER	1.00	Director	$0	$0	$0
LINDA MCKEEVER	Treasurer	1.00	Director	$0	$0	$0
SHEILA MILLS	President	1.00	Officer	$0	$0	$0
LORRAINE KLIPPEL	BOARD MEMBER	1.00	Officer	$0	$0	$0
DEANNA BAASCH	Secretary	1.00	Officer	$0	$0	$0
HEATHER BRAUN	Vice President	1.00	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
2025	$207,571	$185,335	$44,401	$22,236
2024	$221,367	$223,145	$22,165	$-1,778

TACONIC MUSIC INC