BROOKLYN ARTS MUSIC ACADEMY (EIN 824902917) - 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

2018

Legal Domicile

Principal Officer

CHRISTINA BRIER

Phone

2622275421

Tax Period

2024-07-01 to 2025-06-30

BROOKLYN ARTS MUSIC ACADEMY, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $385K in total revenue in fiscal year 2024. Revenue surged 20% from the prior year, signaling strong growth momentum. Expenses of $347K left a modest 10% surplus.

Mission

OUR MISSION IS TO CHANGE LIVES THROUGH MUSIC BY PROVIDING ACCESSIBLE, EXCEPTIONAL MUSIC EDUCATION TO STUDENTS OF EVERY AGE AND SKILL IN ORDER TO CREATE COMPETENT MUSICIANS AND BETTER GLOBAL CITIZENS.

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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 $114,449

Program Service Revenue $236,762

Investment Income $0

Other Revenue $33,983

TOTAL REVENUE $385,194

Expense Breakdown

Grants Paid $264

Salaries & Benefits $278,402

Fundraising Expenses $0

Program Expenses $294,629

Other Expenses $68,135

TOTAL EXPENSES $346,801

Year-over-Year Comparison

	2024	2023	Change
Revenue	$385,194	$320,957	+0.2%
Expenses	$346,801	$337,612	+0.0%
Net Income	$38,393	$-16,655	-3.3%

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

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

$94,560

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHRISTINA BRIER	EXECUTIVE DI	40.00	Officer	$47,480	$0	$47,480
LINDA ESTEP	ARTISTIC DIR	40.00	Officer	$47,080	$0	$47,080
MICHELLE CROSBIE	BOARD MEMBER	1.00	Director	$0	$0	$0
BETH KLAHRE	BOARD MEMBER	1.00	Director	$0	$0	$0
KIM MURRAY	BOARD MEMBER	1.00	Director	$0	$0	$0
DARYLLE WATKINS	BOARD MEMBER	1.00	Director	$0	$0	$0
ERIN PAYNE	SECRETARY	1.00	Officer	$0	$0	$0
LIVINGSTON SHEATS	TREASURER	1.00	Officer	$0	$0	$0
ADRIAN VARNAM	PRESIDENT	1.00	Officer	$0	$0	$0
JULIE VARNUM	VICE PRESIDE	1.00	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
2025	$385,194	$346,801	$118,317	$38,393
2024	$320,957	$337,612	$79,936	$-16,655
2023	$306,646	$263,590	$96,592	$43,056
2022	$201,575	$179,434	$53,519	$22,141

BROOKLYN ARTS MUSIC ACADEMY