BRUCE SPRINGSTEEN ARCHIVES AND CENTER FOR AMERICAN MUSIC CORPORATION (EIN 825325604) - 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

ROBERT SANTELLI

Phone

7325713407

Tax Period

2024-07-01 to 2025-06-30

BRUCE SPRINGSTEEN ARCHIVES AND CENTER FOR AMERICAN MUSIC CORPORATION, founded in 2017, is a community nonprofit in the Arts, Culture & Humanities sector that reported $4.6M in total revenue in fiscal year 2024. Revenue surged 91% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.1M, a strong 45% operating margin.

Mission

THE CENTER PRESERVES THE LEGACY OF BRUCE SPRINGSTEEN AND CELEBRATES THE HISTORY (CONT. IN SCH. O) OF AMERICAN MUSIC AND ITS DIVERSITY OF ARTISTS AND GENRES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $4,128,435

Program Service Revenue $192,171

Investment Income $210,529

Other Revenue $78,264

TOTAL REVENUE $4,609,399

Expense Breakdown

Grants Paid $680,675

Salaries & Benefits $942,537

Fundraising Expenses $686,885

Program Expenses $1,483,576

Other Expenses $924,646

TOTAL EXPENSES $2,547,858

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,609,399	$2,412,730	+0.9%
Expenses	$2,547,858	$1,586,203	+0.6%
Net Income	$2,061,541	$826,527	+1.5%

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

Employees

Volunteers

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

$1,802,728

Total Directors

$1,155,625

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK F LEAHY - CHAIRPERSON	DIRECTOR-BSACAM; PRESIDENT-MU	7.00	Officer Director	$0	$212,454	$1,155,625
JON LANDAU	VICE CHAIRPERSON/DIRECTOR	2.00	Officer Director	$0	$0	$0
BARRY ROSENSTEIN	TREASURER/DIRECTOR	2.00	Officer Director	$0	$0	$0
HENRY D MERCER III	ASST. TREASURER/DIRECTOR	2.00	Officer Director	$0	$0	$0
GREY J DIMENNA	DIRECTOR	1.00	Director	$0	$0	$0
DON FRIEDMAN	DIRECTOR	1.00	Director	$0	$0	$0
LISA MCKEAN	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL A PLODWICK	DIRECTOR	1.00	Director	$0	$0	$0
ANN UNTERBERG	DIRECTOR	1.00	Director	$0	$0	$0
MARILYN LAVERTY	DIRECTOR	1.00	Director	$0	$0	$0
NWAKA ONWUSA	DIRECTOR	1.00	Director	$0	$0	$0
ELLIOTT GROFFMAN	DIRECTOR	1.00	Director	$0	$0	$0
LESLIE N HITCHNER	DIRECTOR	1.00	Director	$0	$0	$0
JEANA PISCATELLI	DIRECTOR	1.00	Director	$0	$0	$0
BRIAN SAMELSON	DIRECTOR	1.00	Director	$0	$0	$0
CHARLENE K DIANA	SECRETARY-BSACAM; VP/GEN. COUNSEL-MU	5.00	Officer	$0	$60,221	$359,779
ROBERT SANTELLI	EXECUTIVE DIRECTOR	55.00	Officer	$285,862	$1,462	$287,324
EILEEN S CHAPMAN	DIRECTOR OF BSACAM	40.00	Highest	$137,475	$43,793	$181,268
MELISSA ZIOBRO	DIRECTOR OF CURATORIAL AFFAIRS	40.00	Highest	$101,760	$43,983	$145,743

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	$4,609,399	$2,547,858	$15,824,457	$2,061,541
2024	$2,412,730	$1,586,203	$13,193,981	$826,527
2023	$2,468,512	$957,196	$12,096,350	$1,511,316
2022	$4,042,581	$346,169	$10,198,307	$3,696,412
2021	$5,062,693	$160,775	$6,333,451	$4,901,918
2021	$5,062,693	$160,775	$6,333,451	$4,901,918
2020	$1,009,930	$293,526	$1,565,004	$716,404
2019	$552,242	$1,650	$552,242	$550,592

BRUCE SPRINGSTEEN ARCHIVES AND CENTER FOR AMERICAN MUSIC CORPORATION