LADIES MUSICAL CLUB OF SEATTLE (EIN 916029353) - 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

1902

Legal Domicile

Principal Officer

ELIZABETH ARNOLD

Phone

2066137139

Tax Period

2024-01-01 to 2024-12-31

LADIES MUSICAL CLUB OF SEATTLE, founded in 1902, is a small nonprofit in the Arts, Culture & Humanities sector that reported $275K in total revenue in fiscal year 2024. Revenue surged 190% from the prior year, signaling strong growth momentum. Expenses of $318K exceeded revenue, resulting in a 16% operating deficit.

Mission

STIMULATE THE DEVELOPMENT OF MUSICAL ACTIVITY IN THE GREATER SEATTLE 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $75,681

Program Service Revenue $14,485

Investment Income $184,821

Other Revenue $0

TOTAL REVENUE $274,987

Expense Breakdown

Grants Paid $24,020

Salaries & Benefits $194,546

Fundraising Expenses $34,810

Program Expenses $159,781

Other Expenses $99,826

TOTAL EXPENSES $318,492

Year-over-Year Comparison

	2024	2023	Change
Revenue	$274,987	$94,687	+1.9%
Expenses	$318,492	$185,705	+0.7%
Net Income	$-43,505	$-91,018	-0.5%

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

Volunteers

150

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

$96,000

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WHITNEY HENDERSON	EXECUTIVE DIRECTOR	040.00	Officer	$96,000	$0	$96,000
VICKI WHITE MILTUN	PRESIDENT	006.00	Officer Director	$0	$0	$0
NICOLE TRUESDELL	VICE PRESIDENT	002.00	Officer Director	$0	$0	$0
STEPHANIE SHADBOLT	SECRETARY	001.00	Officer Director	$0	$0	$0
ELIZABETH ARNOLD	TREASURER	002.00	Officer Director	$0	$0	$0
KATIE HOLLENBACH	TRUSTEE-ARCHIVES	002.00	Director	$0	$0	$0
SILAS BERLIN	TRUSTEE-AT-LARGE	001.00	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
2024	$274,987	$318,492	$1,656,959	$-43,505
2023	$135,256	$235,117	$1,619,372	$-99,861
2023	$94,687	$185,705	$1,629,282	$-91,018
2022	$198,408	$178,312	$1,767,465	$20,096
2021	$111,912	$100,245	$2,044,680	$11,667
2020	$119,566	$101,455	$1,673,216	$18,111
2019	$214,763	$115,838	$1,653,126	$98,925
2018	$129,997	$102,075	$1,692,841	$27,922

LADIES MUSICAL CLUB OF SEATTLE