PEACE THROUGH MUSIC FOUNDATION

EIN: 871604554 501(c)(3)

Eastsound, WA

Total Revenue
$21,309
Total Expenses
$10,375
Total Assets
$10,934
Net Assets
$10,934
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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
WA
Tax Period
2021-08-01 to 2021-12-31

PEACE THROUGH MUSIC FOUNDATION, founded in 2021, is a micro nonprofit that reported $21K in total revenue in fiscal year 2021. The organization ran a surplus of $11K, a strong 51% operating margin.

Mission

THE PEACE THROUGH MUSIC FOUNDATION IS BUILDING A NETWORK THAT CONNECTS PEOPLE WITH INSTRUMENTS, TEACHERS, AND EVENTS THAT PRIORITIZE MUSIC AS A MEDITATION AND CATALYST FOR PEACE.WE SUPPORT OUTSIDE INDIVIDUALS AND COLLECTIVES WHO ARE ALIGNED WITH THIS MISSION THROUGH EDUCATION

Program Service Accomplishments

Program 1
Expenses: $3,390 Revenue: $1,309

RAISED MUSIC AWARENESS ON ORCAS ISLAND IN REGARD TO PRM FOUNDATIONS START IN ORDER TO BUILD CONNECTIONS FOR EDUCATIONAL PURPOSES IN 2022

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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 (2021)

Revenue Breakdown

Contributions & Grants $20,000
Program Service Revenue $1,309
Investment Income $0
Other Revenue $0
TOTAL REVENUE $21,309

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,021
Fundraising Expenses $0
Program Expenses $3,390
Other Expenses $6,354
TOTAL EXPENSES $10,375

Year-over-Year Comparison

2021 2020 Change
Revenue $21,309 N/A N/A
Expenses $10,375 N/A N/A
Net Income $10,934 N/A N/A
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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Governance

Voting Members
1
Independent Members
N/A
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
1
$6,000
Total Directors
1
$6,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BURKE MULVANY OFFICER 40.00
Officer Director
$6,000 $0 $6,000
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
2021 $21,309 $10,375 $10,934 $10,934
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