CAPITAL REGION CLASSICAL INC

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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

DAVID SHAFFER

Phone

5189414331

Tax Period

2024-07-01 to 2025-06-30

CAPITAL REGION CLASSICAL INC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $701K in total revenue in fiscal year 2024. The organization ran a surplus of $145K, a strong 21% operating margin.

Mission

PRESENTS AND PROMOTES DIVERSE, INCLUSIVE, AND EQUITABLE CHAMBER MUSIC PERFORMANCES BY INTERNATIONALLY RENOWNED MUSICIANS AND TALENTED YOUNG ARTISTS TO DEEPEN THE PUBLIC'S CONNECTION TO CLASSICAL MUSIC. WE PRODUCE INSPIRING WORLD-CLASS ARTS PROGRAMMING NOT OTHERWISE AVAILABLE IN THE REGION AT EASILY-ACCESSIBLE COMMUNITY LOCATIONS IN NEW YORK'S CAPITAL REGION.

Program Service Accomplishments

Program 1

Expenses: $448,720 Revenue: $669,899

ENABLES WORLD-FAMOUS CLASSICAL MUSICIANS TO SHARE THEIR ARTISTRY IN AN INTIMATE SETTING, FOSTERING A DYNAMIC RELATIONSHIP WHERE PERFORMERS AND AUDIENCES FEED OFF EACH OTHER'S ENERGY TO ELEVATE THE...

ENABLES WORLD-FAMOUS CLASSICAL MUSICIANS TO SHARE THEIR ARTISTRY IN AN INTIMATE SETTING, FOSTERING A DYNAMIC RELATIONSHIP WHERE PERFORMERS AND AUDIENCES FEED OFF EACH OTHER'S ENERGY TO ELEVATE THE MUSICAL EXPERIENCE. THE ORGANIZATION PROUDLY RECOGNIZES THAT THESE EXCEPTIONAL ARTISTS RETURN YEAR AFTER YEAR TO THE CAPITAL REGION BECAUSE OF THE PROGRAM, ENRICHING THE LIVES OF THOUSANDS OF INDIVIDUALS THROUGHOUT THE REGION AND BEYOND.

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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 $440,058

Program Service Revenue $188,491

Investment Income $42,040

Other Revenue $30,200

TOTAL REVENUE $700,789

Expense Breakdown

Grants Paid $0

Salaries & Benefits $226,650

Fundraising Expenses $6,688

Program Expenses $448,720

Other Expenses $329,500

TOTAL EXPENSES $556,150

Year-over-Year Comparison

	2024	2023	Change
Revenue	$700,789	$670,540	+0.0%
Expenses	$556,150	$605,628	-0.1%
Net Income	$144,639	$64,912	+1.2%

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

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

$162,490

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
THOMAS MURPHY	PRESIDENT	1.00	Officer Director	$0	$0	$0
JILL TAYLOR	VICE-PRESIDENT	1.00	Officer Director	$0	$0	$0
DAVID SHAFFER	TREASURER	1.00	Officer Director	$0	$0	$0
BRIAN QUIARA	SECRETARY	1.00	Officer Director	$0	$0	$0
JERRY BERNSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
PATTY M BURCH	DIRECTOR	1.00	Director	$0	$0	$0
ELLEN-DEANE CUMMINS	DIRECTOR	1.00	Director	$0	$0	$0
CAROLINE GIASSI	DIRECTOR	1.00	Director	$0	$0	$0
DAVID GITTELMAN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT J KRACKELER	DIRECTOR	1.00	Director	$0	$0	$0
DEREK DELANEY	ARTISTIC DIRECTOR	40.00	Officer	$142,000	$20,490	$162,490

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	$700,789	$556,150	$1,621,013	$144,639
2024	$670,540	$605,628	$1,432,848	$64,912
2023	$955,063	$552,043	$1,258,463	$403,020
2022	$741,758	$459,065	$766,872	$282,693
2021	$249,171	$178,030	$573,290	$71,141
2020	$179,275	$169,303	$502,439	$9,972