MUSIC TEACHERS' ASSOCIATION OF CAL… - Form 990 Financial Data

🔒

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

1897

Legal Domicile

Principal Officer

JANICE BASTIN

Phone

9254764976

Tax Period

2024-08-01 to 2025-07-31

MUSIC TEACHERS' ASSOCIATION OF CALIFORNIA, founded in 1897, is a community nonprofit that reported $2.6M in total revenue in fiscal year 2024. Revenue decreased 5% compared to the prior year. Expenses of $2.9M exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROMOTE MUSIC AND MUSIC EDUCATION.

Program Service Accomplishments

Program 1

Expenses: $2,934,382 Revenue: $2,135,896

PROMOTION OF MUSIC AND 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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $400,568

Program Service Revenue $2,127,235

Investment Income $37,785

Other Revenue $36,380

TOTAL REVENUE $2,601,968

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,485,216

Fundraising Expenses $0

Program Expenses $2,934,382

Other Expenses $1,449,166

TOTAL EXPENSES $2,934,382

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,601,968	$2,747,094	-0.1%
Expenses	$2,934,382	$2,767,953	+0.1%
Net Income	$-332,414	$-20,859	+14.9%

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

148

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

Total Directors

Key Employees

$152,207

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JANICE BASTIN	PRESIDENT	5.00	Officer Director	$0	$0	$0
MARGARET PERRY	FIRST VICE PRESIDENT	2.00	Officer Director	$0	$0	$0
CHUTAPHIN YEAGER	SECOND VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JEANETTE DREIFUERST	TREASURER	3.00	Officer Director	$0	$0	$0
ROBIN CLARY	MEMBERSHIP SECRETARY	1.00	Officer Director	$0	$0	$0
MICHAEL ELDRIDGE	RECORDING SECRETARY	1.00	Officer Director	$0	$0	$0
ALICIA ELSWORTH	DIRECTOR	1.00	Director	$0	$0	$0
KATE RUBKE-FOXWORTH	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM WELLWOOD	DIRECTOR	1.00	Director	$0	$0	$0
RHONDA WILLIAMS	EXECUTIVE DIRECTOR	40.00	Key Emp	$141,750	$10,457	$152,207
MARIA MERCADO	DIRECTOR OF OPERATIONS	40.00	Highest	$110,802	$9,496	$120,298

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	$2,601,968	$2,934,382	$3,096,668	$-332,414
2024	$2,747,094	$2,767,953	$3,327,249	$-20,859
2023	$2,789,091	$2,551,694	$3,017,467	$237,397
2022	$2,895,947	$2,400,893	$2,826,129	$495,054
2021	$2,654,962	$2,437,767	$2,327,527	$217,195
2020	$2,351,696	$2,261,894	$1,999,405	$89,802
2019	$2,438,903	$2,470,494	$1,942,626	$-31,591
2018	$2,271,761	$2,286,149	$1,981,018	$-14,388

MUSIC TEACHERS' ASSOCIATION OF CALIFORNIA