Music In Schools Today (EIN 942920480) - 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

1983

Legal Domicile

Principal Officer

Margaret Madden

Phone

4153929010

Tax Period

2023-02-01 to 2024-01-31

Music In Schools Today, founded in 1983, is a small nonprofit in the Arts, Culture & Humanities sector that reported $312K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. Expenses of $486K exceeded revenue, resulting in a 56% operating deficit.

Mission

Music in Schools Today offers music education and music integration programs to schools in the San Francisco Bay Area area, serving over 10,000 children every year.

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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 (2023)

Revenue Breakdown

Contributions & Grants $237,348

Program Service Revenue $74,835

Investment Income $57

Other Revenue $0

TOTAL REVENUE $312,240

Expense Breakdown

Grants Paid $0

Salaries & Benefits $362,017

Fundraising Expenses $88,167

Program Expenses $252,238

Other Expenses $123,791

TOTAL EXPENSES $485,808

Year-over-Year Comparison

	2023	2022	Change
Revenue	$312,240	$220,100	+0.4%
Expenses	$485,808	$402,373	+0.2%
Net Income	$-173,568	$-182,273	0.0%

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

$105,900

Total Directors

$105,900

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Margaret Madden	Executive Dir.	40.00	Officer Director	$105,900	$0	$105,900
Dan Ashley	President/Chair	1.00	Director	$0	$0	$0
Sandra Calman	Secretary	1.00	Director	$0	$0	$0
Jacopo Lenzi	Director	1.00	Director	$0	$0	$0
Vlad Gutkovich	Director	1.00	Director	$0	$0	$0
Larry Batiste	Director	1.00	Director	$0	$0	$0
Gregg Perloff	Director	1.00	Director	$0	$0	$0
Don Sanchez	Director	1.00	Director	$0	$0	$0
Alan Schroeder	CFO	1.00	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	$312,240	$485,808	$10,979	$-173,568
2023	$220,100	$402,373	$162,661	$-182,273
2022	$273,660	$359,819	$344,180	$-86,159
2021	$209,288	$349,095	$24,753	$-139,807
2020	$481,951	$496,078	$93,799	$-14,127
2019	$536,555	$495,418	$107,449	$41,137

Music In Schools Today