TAOS SCHOOL OF MUSIC INC (EIN 856012256) - Form 990 Financial Analysis & Trantor Score

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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

1963

Legal Domicile

Principal Officer

JAMES W WHITE

Phone

5757762388

Tax Period

2022-10-01 to 2023-09-30

TAOS SCHOOL OF MUSIC INC, founded in 1963, is a small nonprofit in the Arts, Culture & Humanities sector that reported $941K in total revenue in fiscal year 2022. Revenue surged 67% from the prior year, signaling strong growth momentum. The organization ran a surplus of $445K, a strong 47% operating margin.

Mission

CHAMBER MUSIC EDUCATION FOR CONSERVATORY LEVEL MUSICIANS.

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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%)

Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $811,206

Program Service Revenue $67,498

Investment Income $62,638

Other Revenue $0

TOTAL REVENUE $941,342

Expense Breakdown

Grants Paid $0

Salaries & Benefits $88,085

Fundraising Expenses $23,940

Program Expenses $441,324

Other Expenses $407,904

TOTAL EXPENSES $495,989

Year-over-Year Comparison

	2022	2021	Change
Revenue	$941,342	$563,635	+0.7%
Expenses	$495,989	$466,500	+0.1%
Net Income	$445,353	$97,135	+3.6%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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
JAMES W WHITE	CHAIR	1.00	Officer Director	$0	$0	$0
B T COLEMAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOAN WOODARD	TREASURER	5.00	Officer Director	$0	$0	$0
KATHLEEN ANDERSON	SECRETARY	1.00	Officer Director	$0	$0	$0
ROBERT ANEMONE	DIRECTOR	1.00	Director	$0	$0	$0
LAWRENCE BERKOWITZ	DIRECTOR	1.00	Director	$0	$0	$0
GRETA BRUNSCHWYLER	DIRECTOR	1.00	Director	$0	$0	$0
LUCILE GRIEDER	DIRECTOR	1.00	Director	$0	$0	$0
MIKE OLSEN	DIRECTOR	1.00	Director	$0	$0	$0
RICHARD PESIKOFF	DIRECTOR	1.00	Director	$0	$0	$0
LINDA STABLER TALTY	DIRECTOR	1.00	Director	$0	$0	$0
ERIK CPETERSON	EXECUTIVE DI	40.00	Officer	$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
2023	$941,342	$495,989	$3,557,534	$445,353
2022	$563,635	$466,500	$3,000,343	$97,135
2021	$403,318	$383,436	$3,605,389	$19,882
2020	$286,196	$181,283	$3,198,283	$104,913
2019	$299,842	$345,586	$2,949,803	$-45,744
2018	$315,810	$326,220	$2,999,669	$-10,410

TAOS SCHOOL OF MUSIC INC