Music City Artist Development

EIN: 830669155 501(c)(3) Arts, Culture & Humanities

San Francisco, CA

Total Revenue
$267,297
Total Expenses
$269,545
Total Assets
$1,498
Net Assets
$1,098
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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
CA
Principal Officer
Aprill Lacey
Phone
4152988483
Tax Period
2024-01-01 to 2024-12-31

Music City Artist Development, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $267K in total revenue in fiscal year 2024.

Mission

Our mission is to support and nurture a cultural ecosystem that enables musicians and performing artists to live, grow, and thrive in the San Francisco Bay Area by providing commission-free gig opportunities and music education.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $16,772
Program Service Revenue $250,525
Investment Income $0
Other Revenue $0
TOTAL REVENUE $267,297

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,955
Fundraising Expenses $0
Program Expenses $259,703
Other Expenses $262,590
TOTAL EXPENSES $269,545

Year-over-Year Comparison

2024 2023 Change
Revenue $267,297 N/A N/A
Expenses $269,545 N/A N/A
Net Income $-2,248 $0 N/A
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

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Governance

Voting Members
3
Independent Members
3
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
3
$0
Total Directors
1
$6,955
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Aprill Lacey Executive Director 35
Director
$6,955 $0 $6,955
Rudy Colombini President 1
Officer
$0 $0 $0
Tony Ponticello Secretary 1
Officer
$0 $0 $0
Robert Berry Treasurer 1
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
2024 $267,297 $269,545 $1,498 $-2,248
2023 $210,186 $15,616 $8,168 $194,570
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