TUCSON YOUTH MUSIC CENTER (EIN 866051375) - 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

1961

Principal Officer

DANA WIER

Phone

5209753787

Tax Period

2024-01-01 to 2024-12-31

TUCSON YOUTH MUSIC CENTER, founded in 1961, is a small nonprofit in the Arts, Culture & Humanities sector that reported $184K in total revenue in fiscal year 2024. Revenue surged 127% from the prior year, signaling strong growth momentum. Expenses of $348K exceeded revenue, resulting in a 89% operating deficit.

Mission

TO SUPPORT QUALITY MUSIC AND MUSIC EDUCATION FOR UNDERSERVED CHILDREN IN TUCSON, ARIZONA.

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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 (2024)

Revenue Breakdown

Contributions & Grants $122,671

Program Service Revenue $33,605

Investment Income $28,142

Other Revenue $0

TOTAL REVENUE $184,418

Expense Breakdown

Grants Paid $0

Salaries & Benefits $124,747

Fundraising Expenses $24,759

Program Expenses $297,170

Other Expenses $223,417

TOTAL EXPENSES $348,164

Year-over-Year Comparison

	2024	2023	Change
Revenue	$184,418	$81,079	+1.3%
Expenses	$348,164	$323,241	+0.1%
Net Income	$-163,746	$-242,162	-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

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
PAM CLEVELAND	DIRECTOR	N/A	Director	$0	$0	$0
DOUG FINICAL	DIRECTOR	N/A	Director	$0	$0	$0
RICK GREGSON	DIRECTOR	N/A	Director	$0	$0	$0
TOM MEEKS	DIRECTOR	N/A	Director	$0	$0	$0
MICKEY PETERSDEN	DIRECTOR	N/A	Director	$0	$0	$0
NANCY ROBERSON	DIRECTOR	N/A	Director	$0	$0	$0
NADEEN STITT	DIRECTOR	N/A	Director	$0	$0	$0
GRANGER VINALL	DIRECTOR	N/A	Director	$0	$0	$0
PATRICIA YOUNG	DIRECTOR	N/A	Director	$0	$0	$0
DANA WIER	CEO	N/A	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
2024	$184,418	$348,164	$548,283	$-163,746
2023	$81,079	$323,241	$715,719	$-242,162
2022	$568,279	$286,661	$959,523	$281,618
2021	$82,553	$141,267	$342,443	$-58,714
2021	$390,926	$74,541	$658,828	$316,385
2020	$258,087	$132,831	$401,157	$125,256

TUCSON YOUTH MUSIC CENTER