SOUND SALON (EIN 815182891) - 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

2017

Legal Domicile

Phone

3605253459

Tax Period

2024-07-01 to 2025-06-30

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.

Mission

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.

🔒

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 $167,236

Program Service Revenue $30,319

Investment Income $3,197

Other Revenue $646

TOTAL REVENUE $201,398

Expense Breakdown

Grants Paid $0

Salaries & Benefits $99,050

Fundraising Expenses $35,982

Program Expenses $138,595

Other Expenses $99,342

TOTAL EXPENSES $198,392

Year-over-Year Comparison

	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%

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

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

$99,050

Total Directors

Key Employees

Highest Compensated

reported

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

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	$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

SOUND SALON