DW MUSIC FOUNDATION INC (EIN 823663308) - 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

Principal Officer

CHRISTOPHER LOMBARDI

Phone

8054856999

Tax Period

2023-01-01 to 2023-12-31

DW MUSIC FOUNDATION INC, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $186K in total revenue in fiscal year 2023. Revenue surged 69% from the prior year, signaling strong growth momentum. The organization ran a surplus of $40K, a strong 21% operating margin.

Mission

MUSICAL NON-PROFIT ORGANIZATION PROVIDING THE GIFT OF MUSIC TO UNDERSERVED COMMUNITIES OF ALL AGES VIA PROVIDING INSTRUMENTS, EDUCATIONAL RESOURCES AND INSPIRATION, WHILE MENTORING AND COLLABORATING WITH FELLOW MUSIC-RELATED ORGANIZATIONS TO FOSTER AN APPRECIATION OF MUSIC AS A LIFE ENHANCING, LIFE CHANGING ACTIVITY.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $186,420

Investment Income $0

Other Revenue $0

TOTAL REVENUE $186,420

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $133,987

Other Expenses $146,443

TOTAL EXPENSES $146,443

Year-over-Year Comparison

	2023	2022	Change
Revenue	$186,420	$110,016	+0.7%
Expenses	$146,443	$81,504	+0.8%
Net Income	$39,977	$28,512	+0.4%

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

N/A

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
CHRISTOPHER LOMBARDI	PRESIDENT	6.33	Officer Director	$0	$0	$0
NILO RAMOS	SECRETARY	1.00	Officer 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	No data	No data	No data	No data
2023	$186,420	$146,443	$110,176	$39,977
2022	$110,016	$81,504	$80,199	$28,512
2021	$93,425	$77,283	$51,687	$16,142
2020	$47,916	$32,573	$25,545	$15,343
2019	$61,667	$51,465	$10,202	$10,202

DW MUSIC FOUNDATION INC