FRIENDS OF CHAMBER MUSIC (EIN 846039372) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1949

Legal Domicile

Principal Officer

ELI WALD

Phone

3033889839

Tax Period

2024-06-01 to 2025-05-31

FRIENDS OF CHAMBER MUSIC, founded in 1949, is a small nonprofit in the Arts, Culture & Humanities sector that reported $586K in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. The organization ran a surplus of $110K, a strong 19% operating margin.

Mission

TO PRESENT CHAMBER MUSIC CONCERTS TO INTERESTED AUDIENCES, PUBLIC & PRIVATE SCHOOL STUDENTS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $163,279

Program Service Revenue $281,423

Investment Income $141,009

Other Revenue $58

TOTAL REVENUE $585,769

Expense Breakdown

Grants Paid $5,000

Salaries & Benefits $0

Fundraising Expenses $1,270

Program Expenses $329,687

Other Expenses $471,236

TOTAL EXPENSES $476,236

Year-over-Year Comparison

	2024	2023	Change
Revenue	$585,769	$464,153	+0.3%
Expenses	$476,236	$573,195	-0.2%
Net Income	$109,533	$-109,042	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICIA ARONSTEIN	BOARD MEMBER	1.00	Director	$0	$0	$0
LISA BAIN	VICE PRESIDE	3.00	Officer Director	$0	$0	$0
KATE BERMINGHAM	BOARD MEMBER	1.00	Director	$0	$0	$0
JAY MEAD	BOARD MEMBER	1.00	Director	$0	$0	$0
KATHY NEWMAN	BOARD MEMBER	1.00	Director	$0	$0	$0
MARY PARK	BOARD MEMBER	1.00	Director	$0	$0	$0
ANNA PSITOS	TREASURER	5.00	Officer Director	$0	$0	$0
JEANETTE SINCLARE	SECRETARY	2.00	Officer Director	$0	$0	$0
AARON STAMPFL	BOARD MEMBER	1.00	Director	$0	$0	$0
AARON SZALAJ	BOARD MEMBER	1.00	Director	$0	$0	$0
ELI WALD	PRESIDENT	7.00	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
2025	$585,769	$476,236	$2,403,744	$109,533
2024	$464,153	$573,195	$2,240,459	$-109,042
2023	$455,357	$485,786	$2,195,857	$-30,429
2022	$602,853	$323,389	$2,299,683	$279,464
2021	$236,055	$139,046	$2,165,274	$97,009
2020	$469,968	$432,567	$1,703,877	$37,401
2019	$482,628	$446,711	$1,783,967	$35,917

FRIENDS OF CHAMBER MUSIC