ACOUSTIC SOUND INC

EIN: 912103544 501(c)(3) Arts, Culture & Humanities

Milton, WA

Total Revenue
$715,545
Total Expenses
$631,883
Total Assets
$502,379
Net Assets
$500,664
🔒

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
Patrice Oneil
Phone
2534288056
Tax Period
2024-07-01 to 2025-06-30

ACOUSTIC SOUND INC, founded in 2001, is a small nonprofit in the Arts, Culture & Humanities sector that reported $716K in total revenue in fiscal year 2024. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $632K left a modest 12% surplus.

Mission

Acoustic Sound is committed to preserving and promoting traditional acoustic American music through presentation and education, with special attention given to the bluegrass music community.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $215,561
Program Service Revenue $484,243
Investment Income $15,741
Other Revenue $0
TOTAL REVENUE $715,545

Expense Breakdown

Grants Paid $0
Salaries & Benefits $114,772
Fundraising Expenses $47,742
Program Expenses $517,143
Other Expenses $517,111
TOTAL EXPENSES $631,883

Year-over-Year Comparison

2024 2023 Change
Revenue $715,545 $576,256 +0.2%
Expenses $631,883 $621,709 +0.0%
Net Income $83,662 $-45,453 -2.8%
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
14
Independent Members
13
Employees
4
Volunteers
300

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
5
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Patrice Oneilll Executive Director 40
Highest
$69,305 $0 $69,305
RACHEL Papadopoulos President 2
Officer Director
$0 $0 $0
DON SHARE VICE PRESIDENT 2
Officer Director
$0 $0 $0
Mark Demaray Secretary 2
Officer Director
$0 $0 $0
Bill Clements Treasurer 2
Officer Director
$0 $0 $0
DALE ADKINS Board Member 1
Officer Director
$0 $0 $0
SUZANNE ADKINS Board Member 1
Director
$0 $0 $0
ROMY BROCK Board Member 1
Director
$0 $0 $0
Jim Brown Board Member 1
Director
$0 $0 $0
Mary PAT BYRNE Board Member 1
Director
$0 $0 $0
BOB EVONIUK Board Member 1
Director
$0 $0 $0
DELONA LANG Board Member 1
Director
$0 $0 $0
ROLAND MACNICHOL Board Member 1
Director
$0 $0 $0
ROB NEWSOM Board Member 1
Director
$0 $0 $0
Nicklis richardson Board Member 1
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 $715,545 $631,883 $502,379 $83,662
2024 $576,256 $621,709 $425,656 $-45,453
2023 $639,329 $677,442 $470,554 $-38,113
2022 $803,908 $606,309 $517,851 $197,599
2020 $594,502 $532,146 $329,942 $62,356
2019 $563,222 $487,849 $299,070 $75,373
2018 $539,076 $509,226 $274,540 $29,850
Explore More Nonprofits
Top 100 Nonprofits in Washington Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ACOUSTIC SOUND INC with other nonprofits in Washington and across the country.