MAESTRA MUSIC INC

EIN: 833439518 501(c)(3) Arts, Culture & Humanities

NEW YORK, NY

Total Revenue
$787,911
Total Expenses
$803,779
Total Assets
$87,358
Net Assets
$87,358
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
DE
Principal Officer
GEORGIA STITT
Phone
2123989366
Tax Period
2024-01-01 to 2024-12-31

MAESTRA MUSIC INC, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $788K in total revenue in fiscal year 2024. Revenue fell 21% from the prior year — a significant decline worth monitoring.

Mission

MAESTRA MUSIC, INC. IS A 501(C)(3) ORGANIZATION BASED IN NEW YORK THAT PROVIDES SUPPORT, VISIBILITY, AND COMMUNITY TO THE WOMEN AND NONBINARY PEOPLE WHO MAKE THE MUSIC IN THE MUSICAL THEATER INDUSTRY. MAESTRA ENVISIONS A WORLD IN WHICH WOMEN AND NONBINARY PEOPLE HAVE EQUITABLE ACCESS, VISIBILITY, AND CREATVE IMPACT IN THE MUSICAL THEATER INDUSTRY. IN THIS FUTURE, AT LEAST HALF OF ALL MUSIC-RELATED THEATER JOBS AND LEADERSHIP ROLES ARE FILLED BY QUALIFIED WOMEN AND NONBINARY MUSICIANS, DECIDEDLY INCLUSIVE OF PEOPLE OF COLOR. THESE MUSICIANS ARE HISTORICALLY AND CONSISTENTLY UNDER-REPRESENTED IN MUSICAL THEATRE. BY DELIVERING ON OUR MISSION, WE WILL BE A CATALYST AND DRIVING FORCE TO HELP ACHIEVE GENDER EQUITY IN OUR BUSINESS.

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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 $686,290
Program Service Revenue $99,587
Investment Income $2,034
Other Revenue $0
TOTAL REVENUE $787,911

Expense Breakdown

Grants Paid $0
Salaries & Benefits $403,448
Fundraising Expenses $0
Program Expenses $513,497
Other Expenses $400,331
TOTAL EXPENSES $803,779

Year-over-Year Comparison

2024 2023 Change
Revenue $787,911 $991,107 -0.2%
Expenses $803,779 $1,019,036 -0.2%
Net Income $-15,868 $-27,929 -0.4%
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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Governance

Voting Members
6
Independent Members
4
Employees
13
Volunteers
75

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
$78,000
Total Directors
6
$78,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GEORGIA STITT PRESIDENT 30.00
Officer Director
$54,000 $0 $54,000
EMILY GRISHMAN SECRETARY 5.00
Officer Director
$0 $0 $0
LAURA IVEY TREASURER 20.00
Officer Director
$24,000 $0 $24,000
CHRISTIE CHILES-TWILLIE DIRECTOR 5.00
Director
$0 $0 $0
VALERIE LAU-KEE DIRECTOR 5.00
Director
$0 $0 $0
ANDREW KOENIGSBERG DIRECTOR 5.00
Director
$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 $787,911 $803,779 $87,358 $-15,868
2023 $991,107 $1,019,036 $103,226 $-27,929
2022 $450,990 $429,862 $131,853 $21,128
2021 $208,937 $204,951 $110,027 $3,986
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