Hued Songs Inc

EIN: 843259140 501(c)(3) Arts, Culture & Humanities

Miami, FL

Total Revenue
$475,996
Total Expenses
$355,109
Total Assets
$213,390
Net Assets
$198,705
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2019
Phone
7865256864
Tax Period
2024-01-01 to 2024-12-31

Hued Songs Inc, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $476K in total revenue in fiscal year 2024. Revenue surged 75% from the prior year, signaling strong growth momentum. The organization ran a surplus of $121K, a strong 25% operating margin.

Mission

HUED SONGS PRODUCES EXPERIENCES THAT AMPLIFY BLACK JOY, BLACK CREATIVITY, AND BLACK BELONGING. THROUGH SONG, SPOKEN WORD, DANCE, AND HEART, OUR WORK IS ROOTED ACROSS THREE CORE PRINCIPLES: TO PROVIDE A PLATFORM ON WHICH BLACK AND BROWN ARTISTS CAN BE SEEN, HEARD, & PAID. THE ARTS ARE A RIGHT AND NOT A PRIVILEGE, THUS WE WORK TO REMOVE COST, GEOGRAPHY, AND PERCEPTION BARRIERS TO EVERY PERFORMANCE EVERY PERFORMANCE IS AN OPPORTUNITY TO BUILD BELONGING, EMPATHY, AND COMMUNITY FOR ALL.

Program Service Accomplishments

Program 1
Expenses: $194,868 Revenue: $475,375

Community centered performances in Miami-Dade, Broward and Palm Beach Counties, Florida, including free musical performances, Juneteenth celebrations, and dance performances

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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 $370,417
Program Service Revenue $104,958
Investment Income $621
Other Revenue $0
TOTAL REVENUE $475,996

Expense Breakdown

Grants Paid $0
Salaries & Benefits $66,509
Fundraising Expenses $0
Program Expenses $194,868
Other Expenses $288,600
TOTAL EXPENSES $355,109

Year-over-Year Comparison

2024 2023 Change
Revenue $475,996 $271,288 +0.8%
Expenses $355,109 $249,277 +0.4%
Net Income $120,887 $22,011 +4.5%
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
6
Independent Members
N/A
Employees
4
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
4
$51,600
Total Directors
6
$51,600
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kunya Rowley President 50.00
Officer Director
$51,600 $0 $51,600
Joseph Cloud Director 2.00
Officer Director
$0 $0 $0
Sabina Zetrenne Treasurer 2.00
Officer Director
$0 $0 $0
Meghan Wood Secretary 2.00
Officer Director
$0 $0 $0
John Barrow Director 2.00
Director
$0 $0 $0
Wilkie Ferguson III Director 2.00
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 $475,996 $355,109 $213,390 $120,887
2023 $271,288 $249,277 $88,068 $22,011
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