Music City Artist Development

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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

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.

Program Service Accomplishments

Program 1

Expenses: $239,703 Revenue: $239,703

Music City Artist Development provided commission-free gigs for over 600 local musicians, paying $239,703 directly to artists. These gigs supported artist income, exposure, and community engagement...

Program 2

Expenses: $20,000 Revenue: $16,772

Music City Artist Development produced two free festivals, including the Fern Alley Music Series and the Songwriters Festival, supported by $16,772 in donations. These events provided live music...

Music City Artist Development produced two free festivals, including the Fern Alley Music Series and the Songwriters Festival, supported by $16,772 in donations. These events provided live music, artist development opportunities, and cultural programming for the community

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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 $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

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

$6,955

Key Employees

Highest Compensated

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