CHAMBER MUSIC ALBUQUERQUE

EIN: 856014415 501(c)(3) Arts, Culture & Humanities

ALBUQUERQUE, NM

Total Revenue
$260,865
Total Expenses
$212,192
Total Assets
$1,427,603
Net Assets
$1,389,681
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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
1942
Legal Domicile
NM
Principal Officer
JONATHON GERSON
Phone
5052681990
Tax Period
2024-08-01 to 2025-07-31

CHAMBER MUSIC ALBUQUERQUE, founded in 1942, is a small nonprofit in the Arts, Culture & Humanities sector that reported $261K in total revenue in fiscal year 2024. Revenue surged 58% from the prior year, signaling strong growth momentum. The organization ran a surplus of $49K, a strong 19% operating margin.

Mission

TO PROVIDE CHAMBER MUSIC CONCERTS TO THE GENERAL PUBLIC.

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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 $139,717
Program Service Revenue $72,478
Investment Income $48,670
Other Revenue $0
TOTAL REVENUE $260,865

Expense Breakdown

Grants Paid $0
Salaries & Benefits $35,303
Fundraising Expenses $1,765
Program Expenses $187,204
Other Expenses $176,889
TOTAL EXPENSES $212,192

Year-over-Year Comparison

2024 2023 Change
Revenue $260,865 $165,467 +0.6%
Expenses $212,192 $178,866 +0.2%
Net Income $48,673 $-13,399 -4.6%
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

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Governance

Voting Members
10
Independent Members
10
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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JONATHON GERSON PRESIDENT 10.00
Officer Director
$0 $0 $0
JACK REYNOLDS VP/TREASURER 10.00
Officer Director
$0 $0 $0
BETSY EBERT SCHMIDT-NOWARRA DIRECTOR 5.00
Officer Director
$0 $0 $0
PAMELA PYLE DIRECTOR 5.00
Director
$0 $0 $0
ROBIN KAPLAN DIRECTOR 5.00
Director
$0 $0 $0
JULIUS KAPLAN DIRECTOR 5.00
Director
$0 $0 $0
HARRY LINNEMAN DIRECTOR 5.00
Director
$0 $0 $0
CARL LITSINGER SECRETARY 10.00
Director
$0 $0 $0
SHEILA LITSINGER DIRECTOR 5.00
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 $260,865 $212,192 $1,427,603 $48,673
2024 $165,467 $178,866 $1,292,205 $-13,399
2023 $191,101 $134,142 $1,244,990 $56,959
2022 $81,078 $136,285 $1,112,944 $-55,207
2021 $819,802 $14,986 $1,202,869 $804,816
2020 $68,026 $53,190 $329,366 $14,836
2019 $112,012 $94,643 $336,085 $17,369
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