Spotlight Music and Theater Academy (EIN 921798636) - Form 990 Financial Analysis & Trantor Score

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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

2023

Legal Domicile

Phone

2029078289

Tax Period

2025-01-01 to 2025-12-31

Spotlight Music and Theater Academy, founded in 2023, is a small nonprofit in the Arts, Culture & Humanities sector that reported $471K in total revenue in fiscal year 2025. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

Music Tution and other Musical Services

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $471,119

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $471,119

Expense Breakdown

Grants Paid $0

Salaries & Benefits $340,743

Fundraising Expenses $0

Program Expenses $483,439

Other Expenses $142,696

TOTAL EXPENSES $483,439

Year-over-Year Comparison

	2025	2024	Change
Revenue	$471,119	$387,223	+0.2%
Expenses	$483,439	$352,864	+0.4%
Net Income	$-12,320	$34,359	-1.4%

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

Governance

Voting Members

Independent Members

Employees

Volunteers

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

$113,485

Total Directors

$113,485

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Erin Verina	Vice President	70.00	Officer Director	$65,472	$0	$65,472
Kristy Errera Solomon	President	40.00	Officer Director	$48,013	$0	$48,013
Kristin Bastoni	Trustee	1.00	Officer Director	$0	$0	$0
Nicole Brandolini	Secretary	1.00	Officer	$0	$0	$0
Tyler Cavanagh	Board Member	1.00	Officer	$0	$0	$0
Cristina Curreri	Board Member	1.00	Officer	$0	$0	$0
Amy Cowan	Board Member	1.00	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
2025	$471,119	$483,439	$78,464	$-12,320
2024	$387,223	$352,864	$91,913	$34,359
2023	$335,844	$320,029	$57,554	$15,815

Spotlight Music and Theater Academy