Groupmuse Foundation Inc

EIN: 844651476 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$233,034
Total Expenses
$146,635
Total Assets
$135,956
Net Assets
$132,026
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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
2020
Legal Domicile
NY
Phone
6463895310
Tax Period
2024-01-01 to 2024-12-31

Groupmuse Foundation Inc, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $233K in total revenue in fiscal year 2024. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $86K, a strong 37% operating margin.

Mission

To expand classical music to be more inclusive and vibrant by empowering musicians through financial, technological, and career support.

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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 $225,852
Program Service Revenue $7,181
Investment Income $1
Other Revenue $0
TOTAL REVENUE $233,034

Expense Breakdown

Grants Paid $105,750
Salaries & Benefits $16,360
Fundraising Expenses $0
Program Expenses $141,090
Other Expenses $24,525
TOTAL EXPENSES $146,635

Year-over-Year Comparison

2024 2023 Change
Revenue $233,034 $163,710 +0.4%
Expenses $146,635 $122,912 +0.2%
Net Income $86,399 $40,798 +1.1%
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
12
Independent Members
11
Employees
1
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
$16,360
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mosa Tsay Executive Dir. 20.00
Officer
$16,360 $0 $16,360
Anjali Banthia Director 1.00
Director
$0 $0 $0
Samuel Bodkin Director 1.00
Director
$0 $0 $0
Helen Beekman Director 1.00
Director
$0 $0 $0
Eliot R Jenkins Director 2.00
Director
$0 $0 $0
Adam Lasnik Secretary 1.00
Officer Director
$0 $0 $0
Steven Payne Director 1.00
Director
$0 $0 $0
George Spera Director 1.00
Director
$0 $0 $0
Vidya Sridhar Director 1.00
Director
$0 $0 $0
Naoya Kanai Director 1.00
Director
$0 $0 $0
Kofi Hayford Chairman 1.00
Officer Director
$0 $0 $0
Francesco Cardello Treasurer 1.00
Officer 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 $233,034 $146,635 $135,956 $86,399
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