MUSIC MASTERS COLLECTIVE INC

EIN: 834459989 501(c)(3) Arts, Culture & Humanities

BIG INDIAN, NY

Total Revenue
$1,812,235
Total Expenses
$1,881,136
Total Assets
$544,746
Net Assets
$260,392
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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
2019
Legal Domicile
NY
Phone
8452548009
Tax Period
2024-11-01 to 2025-10-31

MUSIC MASTERS COLLECTIVE INC, founded in 2019, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.8M in total revenue in fiscal year 2024. Revenue fell 20% from the prior year — a significant decline worth monitoring.

Mission

PRODUCTION OF MUSIC EVENTS FOCUSING ON CONTINUING EDUCATION AND UNIQUE LIVE PERFORMANCE

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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 $140,492
Program Service Revenue $1,671,396
Investment Income $347
Other Revenue $0
TOTAL REVENUE $1,812,235

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,846,856
Other Expenses $1,881,136
TOTAL EXPENSES $1,881,136

Year-over-Year Comparison

2024 2023 Change
Revenue $1,812,235 $2,275,662 -0.2%
Expenses $1,881,136 $2,263,693 -0.2%
Net Income $-68,901 $11,969 -6.8%
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
5
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
2
$0
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HENRY STOUT President & CEO 10.00
Officer Director
$0 $0 $0
MICHAEL DENSMORE Director 5.00
Director
$0 $0 $0
MELANIE WARNER Director 5.00
Director
$0 $0 $0
AMY HERNANDEZ Treasurer & Sec 40.00
Officer Director
$0 $0 $0
MICHAEL PRICE Director 0.00
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
2025 $1,812,235 $1,881,136 $544,746 $-68,901
2024 $2,271,384 $2,219,954 $379,466 $51,430
2024 $2,275,662 $2,263,693 $456,797 $11,969
2023 No data No data No data No data
2022 No data No data No data No data
2022 $1,295,799 $1,478,629 $710,303 $-182,830
2021 $1,881,494 $1,244,359 $1,212,394 $637,135
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