Friends of Washington Music

EIN: 911696473 501(c)(3) Arts, Culture & Humanities

Seattle, WA

Total Revenue
$99,362
Total Expenses
$83,326
Total Assets
$128,037
Net Assets
$128,037
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
WA
Principal Officer
ANDREW SHUMAN
Phone
2062522600
Tax Period
2018-07-02 to 2019-06-28

Friends of Washington Music, founded in 2001, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $99K in total revenue in fiscal year 2018. Revenue grew 17% year-over-year, indicating healthy expansion. The organization ran a surplus of $16K, a strong 16% operating margin.

Mission

Friends of Washington Music supports music at Washington Middle School FOWM raises money for excellence and equity in music education

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $61,692
Program Service Revenue $0
Investment Income $0
Other Revenue $37,670
TOTAL REVENUE $99,362

Expense Breakdown

Grants Paid $83,326
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $83,326
Other Expenses $0
TOTAL EXPENSES $83,326

Year-over-Year Comparison

2018 2017 Change
Revenue $99,362 $84,968 +0.2%
Expenses $83,326 $77,107 +0.1%
Net Income $16,036 $7,861 +1.0%
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

Sign In

Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
5

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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUZANNE DURARD President N/A
Officer
$0 $0 $0
ANDREW SHUMAN Treasurer N/A
Officer
$0 $0 $0
DAN GOFORTH Secretary 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
2019 $99,362 $83,326 $128,037 $16,036
Explore More Nonprofits
→Top 100 Nonprofits in Washington →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Friends of Washington Music with other nonprofits in Washington and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.