SEATTLE, WA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)SOUND SALON, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $201K in total revenue in fiscal year 2024. Revenue fell 36% from the prior year — a significant decline worth monitoring.
Sound Salon is a chamber music series building community through thoughtfully programmed performances that feature favorite composers alongside lesser-known gems, brought to life by the multifaceted perspectives of our brilliant artists.Our VisionSound Salon builds an increasingly inclusive and diverse community through thoughtfully programmed performances that welcome, engage and inspire.Our ValuesWe conduct ourselves with integrity by:Showing care and appreciation for artists, audience, staff, and volunteers.Committing ourselves to equity, inclusivity, and egalitarian relationships.Engaging in learning with humility.Being transparent and intentional in all our activities.Relating our work to history and to the social realities of our time.Performing with attention to the technical and philosophical aspects of music.
Sound Salon (formerly Byron Schenkman & Friends) fulfilled its mission to build community through thoughtfully programmed performances by presenting 6 unique chamber music programs and 8 public...
Sound Salon (formerly Byron Schenkman & Friends) fulfilled its mission to build community through thoughtfully programmed performances by presenting 6 unique chamber music programs and 8 public performances throughout the Puget Sound region. The 2025 season served a total audience of 942 attendees, prioritizing broad community access by providing 226 "pay-as-you-wish" tickets and 80 free tickets. The organization engaged 30 professional artists and 10 independent contractors to present concerts featuring favorite composers alongside lesser-known works, brought to life through the multifaceted artistic brilliance of the performers.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $201,398 | $312,706 | -0.4% |
| Expenses | $198,392 | $244,734 | -0.2% |
| Net Income | $3,006 | $67,972 | -1.0% |
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 |
|---|---|---|---|---|---|---|
| BYRON SCHENKMAN | ARTISTIC DIR. | 35.00 |
Officer
|
$50,000 | $0 | $50,000 |
| MELINDA ABENDROTH | Executive Dir. | 35.00 |
Officer
|
$49,050 | $0 | $49,050 |
| DAVE MORGAN | President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| FOX SPEARS | Vice President | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SAM SITZMANN | Treasurer | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAHAE CHEONG | Secretary | 2.00 |
Officer
Director
|
$0 | $0 | $0 |
| SUSAN GULKIS ASSADI | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| LEE PETERSON | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| JOY SHERMAN | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $201,398 | $198,392 | $203,025 | $3,006 |
| 2024 | $312,706 | $244,734 | $170,333 | $67,972 |
| 2023 | $257,758 | $308,268 | $99,455 | $-50,510 |
| 2022 | $225,795 | $171,819 | $149,410 | $53,976 |
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