Music To Life Inc

EIN: 820938729 501(c)(3) Arts, Culture & Humanities

Wilder, VT

Total Revenue
$366,998
Total Expenses
$415,414
Total Assets
$147,478
Net Assets
$138,998
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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
2018
Legal Domicile
VT
Principal Officer
Elizabeth S Sunde
Phone
8026839212
Tax Period
2023-07-01 to 2024-06-30

Music To Life Inc, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $367K in total revenue in fiscal year 2023. Revenue surged 209% from the prior year, signaling strong growth momentum. Expenses of $415K exceeded revenue, resulting in a 13% operating deficit.

Mission

To connect socially conscious musicians with mentors, and to provide the resources and training needed to realize their bold visions for community change.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $351,464
Program Service Revenue $0
Investment Income $0
Other Revenue $15,534
TOTAL REVENUE $366,998

Expense Breakdown

Grants Paid $63,300
Salaries & Benefits $169,010
Fundraising Expenses $0
Program Expenses $225,644
Other Expenses $183,104
TOTAL EXPENSES $415,414

Year-over-Year Comparison

2023 2022 Change
Revenue $366,998 $118,672 +2.1%
Expenses $415,414 $212,028 +1.0%
Net Income $-48,416 $-93,356 -0.5%
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

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Governance

Voting Members
17
Independent Members
17
Employees
3
Volunteers
10

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
2
$55,000
Total Directors
17
$55,000
Key Employees
1
$55,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elizabeth Stookey Sundae Executive Director 30.00
Officer Director Key Emp
$55,000 $0 $55,000
David Altschul Board Chair 3.00
Officer Director
$0 $0 $0
Jeff Birdsong Board Member 1.00
Director
$0 $0 $0
Nancy Buffington Board Member 1.00
Director
$0 $0 $0
Andrew Casillas Board Member 1.00
Director
$0 $0 $0
Belinda Chiu Board Member 1.00
Director
$0 $0 $0
Richard Choi Board Member 1.00
Director
$0 $0 $0
Karen Hudson Board Member 1.00
Director
$0 $0 $0
Kamica King Board Member 1.00
Director
$0 $0 $0
Deana McCloud Board Member 1.00
Director
$0 $0 $0
Amanda Pascali Board Member 1.00
Director
$0 $0 $0
Edward Sawicki Board Member 1.00
Director
$0 $0 $0
Ruth Scheer Board Member 1.00
Director
$0 $0 $0
Barbara Newman Treasurer 2.00
Director
$0 $0 $0
Peri Smilow Board Member 1.00
Director
$0 $0 $0
Noel Paul Stookey Board Member 1.00
Director
$0 $0 $0
Adrianne Waddell Board Member 1.00
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 No data No data No data No data
2024 $366,998 $415,414 $147,478 $-48,416
2022 $311,397 $114,543 No data $196,854
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