MUSIC HALL ARTS ALLIANCE INC

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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

Legal Domicile

Tax Period

2021-01-01 to 2021-12-31

MUSIC HALL ARTS ALLIANCE INC, founded in 2017, is a small nonprofit that reported $489K in total revenue in fiscal year 2021. Revenue surged 141% from the prior year, signaling strong growth momentum. The organization ran a surplus of $326K, a strong 67% operating margin.

Mission

TO PRESENT FAMILY AND COMMUNITY EVENTS AT THE COHOES MUSIC HALL THE 4TH OLDEST OPERATING MUSIC HALL IN THE US. TO SUPPORT LOCALLY PRODUCED ART AND PROVIDE A VENUE FOR ARTS AND ED PROGRAMS. TO MAINTAIN AND PRESERVE THE HISTORIC BUILDING. TO ACT AS AND ECONOMIC ENGINE TO THE CITY.

Program Service Accomplishments

Program 1

Expenses: $155,075

TO PROVIDE FAMILY AND AND COMMUNITIY EVENTS. TO MAINTAIN THE HOSTORIC BUILDING AND PROVIDE AN ECONOMIC ENGINE TO THE CITY OF COHOES.

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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 (2021)

Revenue Breakdown

Contributions & Grants $427,429

Program Service Revenue $61,651

Investment Income $0

Other Revenue $0

TOTAL REVENUE $489,080

Expense Breakdown

Grants Paid $0

Salaries & Benefits $52,363

Fundraising Expenses $0

Program Expenses $155,075

Other Expenses $110,736

TOTAL EXPENSES $163,099

Year-over-Year Comparison

	2021	2020	Change
Revenue	$489,080	$202,640	+1.4%
Expenses	$163,099	$277,591	-0.4%
Net Income	$325,981	$-74,951	-5.3%

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

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
HOLLY BROWN	EXECTIVE DIRECTOR	40.00	Director Highest	$0	$0	$0
LAURIE BALLARD	TREASURER	0.00	Officer	$0	$0	$0
CRYSTAL MOORE	SEC	0.00	Officer	$0	$0	$0
GEORGETTE STEFFENS	PRESIDENT	0.00	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
2021	$489,080	$163,099	$394,209	$325,981
2020	$202,640	$277,591	$99,069	$-74,951
2019	$425,677	$444,868	$24,119	$-19,191