ACADEMY OF MUSICAL PERFORMANCE (EIN 821561015) - Form 990 Financial Analysis & Trantor Score

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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

2017

Principal Officer

ROMAN WHITTAKER

Phone

7608518820

Tax Period

2024-01-01 to 2024-12-31

ACADEMY OF MUSICAL PERFORMANCE, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $126K in total revenue in fiscal year 2024. Revenue fell 54% from the prior year — a significant decline worth monitoring. Expenses of $171K exceeded revenue, resulting in a 36% operating deficit.

Mission

THE PRIMARY PURPOSE OF THIS ORGANIZATION SHALL BE TO ENRICH THE LIVES OF YOUNG MUSICIANS LIVING IN THE COACHELLA VALLEY AND FOSTER PRODUCTIVITY AND SOCIAL RESPONSIBILITY THROUGH CREATIVITY, COMMUNICATION AND COLLABORATION IN THE DEVELOPMENT AND ENHANCEMENT OF MUSICAL PERFORMANCE AND CONCERT PRODUCTION SKILLS, AND TO CARRY ON ANY OTHER CHARITABLE AND EDUCATIONAL ACTIVITIES ASSOCIATED WITH THESE GOALS ALLOWED BY LAW.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $125,726

Investment Income $0

Other Revenue $0

TOTAL REVENUE $125,726

Expense Breakdown

Grants Paid $0

Salaries & Benefits $123,487

Fundraising Expenses $0

Program Expenses $142,771

Other Expenses $47,603

TOTAL EXPENSES $171,090

Year-over-Year Comparison

	2024	2023	Change
Revenue	$125,726	$272,185	-0.5%
Expenses	$171,090	$257,636	-0.3%
Net Income	$-45,364	$14,549	-4.1%

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

Independent Members

N/A

Employees

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
ROMAN WHITTAKER	OFFICER	N/A	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
2024	$125,726	$171,090	$14,920	$-45,364
2023	$272,185	$257,636	$60,284	$14,549
2022	$191,540	$236,660	$45,735	$-45,120
2021	$178,617	$176,889	$90,855	$1,728
2020	$93,144	$116,271	$110,900	$-23,127
2019	$136,244	$144,955	$112,440	$-8,711
2018	$219,726	$154,317	$118,264	$65,409

ACADEMY OF MUSICAL PERFORMANCE