MARKET STREET MUSIC CONSERVATORY

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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

JEFF MENEESE

Phone

6308187730

Tax Period

2024-01-01 to 2024-12-31

MARKET STREET MUSIC CONSERVATORY, founded in 2021, is a small nonprofit that reported $232K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

WE PROVIDE MUSICAL INSTRUCTION IN THE ARTS BY SERVICES TO PROMOTE MUSIC OF ALL KINDS, FOSTER COMMUNITY BAND, ORCHESTRA, CHOIR, AND OFFER EDUCATIONAL, CHARITABLE, AND COMMUNITY ACCESS TO THE ARTS.

Program Service Accomplishments

Program 1

PROVIDE MUSICAL INSTRUCTION IN THE ARTS BY SERVICES TO PROMOTE MUSIC OF ALL KINDS, FOSTER COMMUNITY BAND, ORCHESTRA, CHOIR, AND OFFER EDUCATIONAL, CHARITABLE, AND COMMUNITY ACCESS TO THE ARTS.

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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 $0

Program Service Revenue $211,112

Investment Income $0

Other Revenue $20,646

TOTAL REVENUE $231,758

Expense Breakdown

Grants Paid $0

Salaries & Benefits $198,688

Fundraising Expenses $0

Program Expenses $230,775

Other Expenses $32,087

TOTAL EXPENSES $230,775

Year-over-Year Comparison

	2024	2023	Change
Revenue	$231,758	$213,459	+0.1%
Expenses	$230,775	$194,716	+0.2%
Net Income	$983	$18,743	-0.9%

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

N/A

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
CHERYL ABSHER	VICE PRESIDE	N/A	Officer	$0	$0	$0
KIM MCDANNEL	SECRETARY/TR	N/A	Officer	$0	$0	$0
JEFF MENEESE	DIRECTOR	N/A	Officer	$0	$0	$0
JEFF MILLER	PRESIDENT	N/A	Officer	$0	$0	$0
JUSTIN NEHRKORN	BOARD MEMBER	N/A	Officer	$0	$0	$0
JOIANNA PHELPS	BOARD MEMBER	N/A	Officer	$0	$0	$0
MARCELLA TYLER	DIRECTOR	N/A	Officer	$0	$0	$0
ASHTON WEBB	BOARD MEMBER	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	$231,758	$230,775	$29,776	$983
2023	$213,459	$194,716	$30,584	$18,743