Music in Place (EIN 863083834) - 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

2021

Legal Domicile

Principal Officer

Melissa Cooper Bingham

Phone

7075196681

Tax Period

2025-01-01 to 2025-12-31

Music in Place, founded in 2021, is a small nonprofit in the Arts, Culture & Humanities sector that reported $430K in total revenue in fiscal year 2025. Revenue surged 66% from the prior year, signaling strong growth momentum. Expenses of $367K left a modest 15% surplus.

Mission

Music in Place connects people and communities through music while curating high-quality experiences and supporting artists who create them.

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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 (2025)

Revenue Breakdown

Contributions & Grants $307,989

Program Service Revenue $126,477

Investment Income $0

Other Revenue $-4,507

TOTAL REVENUE $429,959

Expense Breakdown

Grants Paid $0

Salaries & Benefits $126,836

Fundraising Expenses $7,115

Program Expenses $311,094

Other Expenses $232,940

TOTAL EXPENSES $366,891

Year-over-Year Comparison

	2025	2024	Change
Revenue	$429,959	$258,414	+0.7%
Expenses	$366,891	$209,788	+0.7%
Net Income	$63,068	$48,626	+0.3%

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

$50,417

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Melissa Cooper Bingham	Executive Dir.	40.00	Officer	$50,417	$0	$50,417
David Poe	Chair/Treasurer	10.00	Officer Director	$0	$0	$0
Gene DOvidio	Director	2.00	Director	$0	$0	$0
Joseph Lerer	Director	2.00	Director	$0	$0	$0
Pamela Rose	Director	2.00	Director	$0	$0	$0
Rodman Marymor	President	20.00	Officer Director	$0	$0	$0
Joel Ginsberg	Director	2.00	Director	$0	$0	$0
Jan Erickson	Director	2.00	Director	$0	$0	$0
Vanessa Glamore	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
2025	$429,959	$366,891	$180,533	$63,068
2024	$258,414	$209,788	$109,940	$48,626
2023	$326,905	$300,199	$61,314	$26,706
2022	$227,680	$179,007	$100,767	$48,673

Music in Place