Puget Sound Guitar Workshop (EIN 910993001) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1976

Legal Domicile

Phone

3606768915

Tax Period

2024-09-01 to 2025-08-31

Puget Sound Guitar Workshop, founded in 1976, is a small nonprofit in the Arts, Culture & Humanities sector that reported $753K in total revenue in fiscal year 2024. Revenue surged 21% from the prior year, signaling strong growth momentum. Expenses of $669K left a modest 11% surplus.

Mission

To provide music education for adults.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $63,752

Program Service Revenue $681,767

Investment Income $7,042

Other Revenue $0

TOTAL REVENUE $752,561

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $666,481

Other Expenses $668,935

TOTAL EXPENSES $668,935

Year-over-Year Comparison

	2024	2023	Change
Revenue	$752,561	$623,360	+0.2%
Expenses	$668,935	$557,611	+0.2%
Net Income	$83,626	$65,749	+0.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

250

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
Hiroshi Motomura	Director	1.00	Director	$0	$0	$0
Jeff Lee	Director	1.00	Director	$0	$0	$0
Ilene Safyan	Director	1.00	Director	$0	$0	$0
Les Purce	Director	1.00	Director	$0	$0	$0
Rachael Snyder	President	1.50	Officer Director	$0	$0	$0
Lawson Drinkard III	Vice President	2.00	Officer Director	$0	$0	$0
Addie Mathis	Director	1.50	Director	$0	$0	$0
Margie Rosenthal	Secretary	0.00	Officer Director	$0	$0	$0
Chris Norman	Treasurer	0.00	Officer Director	$0	$0	$0
Rai Omri	Director	0.00	Director	$0	$0	$0
David Rosenthal	Director	0.00	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	$752,561	$668,935	$480,553	$83,626
2024	$626,437	$557,611	$397,027	$68,826
2023	$577,757	$515,320	$326,051	$62,437
2021	$42,254	$29,883	$259,361	$12,371
2020	$108,212	$180,308	$245,910	$-72,096
2019	$431,487	$393,224	$311,131	$38,263
2018	$435,470	$387,156	$273,054	$48,314

Puget Sound Guitar Workshop