NOE VALLEY CHAMBER MUSIC

EIN: 943239153 501(c)(3) Arts, Culture & Humanities

San Francisco, CA

Total Revenue
$495,560
Total Expenses
$403,645
Total Assets
$390,489
Net Assets
$323,938
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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
1996
Legal Domicile
CA
Principal Officer
Owen Dalby
Phone
4156485236
Tax Period
2024-07-01 to 2025-06-30

NOE VALLEY CHAMBER MUSIC, founded in 1996, is a small nonprofit in the Arts, Culture & Humanities sector that reported $496K in total revenue in fiscal year 2024. Revenue surged 83% from the prior year, signaling strong growth momentum. The organization ran a surplus of $92K, a strong 19% operating margin.

Mission

Noe Valley Chamber Music (d.b.a. Noe Music) is a non-profit organization founded in 1992 that presents live and online chamber music performances by visiting and local artists and ensembles in intimate, urban settings throughout San Francisco, specifically through Mainstage performances, Noe Music Kids concerts and workshops and the Lullaby Project compositions.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $353,381
Program Service Revenue $138,864
Investment Income $3,315
Other Revenue $0
TOTAL REVENUE $495,560

Expense Breakdown

Grants Paid $0
Salaries & Benefits $161,230
Fundraising Expenses $2,100
Program Expenses $380,607
Other Expenses $242,415
TOTAL EXPENSES $403,645

Year-over-Year Comparison

2024 2023 Change
Revenue $495,560 $271,332 +0.8%
Expenses $403,645 $266,189 +0.5%
Net Income $91,915 $5,143 +16.9%
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

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Governance

Voting Members
13
Independent Members
13
Employees
3
Volunteers
N/A

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
4
$0
Total Directors
13
$148,214
Key Employees
2
$148,214
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Owen Dalby Co-Artistic Director and Co-Executive Director, Board Member 30
Director Key Emp
$74,107 $0 $74,107
Meena Bhasin Co-Artistic Director and Co-Executive Director, Board Member 30
Director Key Emp
$74,107 $0 $74,107
Charlotte Burchard Board President 3
Officer Director
$0 $0 $0
Ray Walton Vice President 1
Officer Director
$0 $0 $0
Emi Uyehara Board Secretary 1
Officer Director
$0 $0 $0
Neil Sekhri Treasurer 1
Officer Director
$0 $0 $0
Ilya Levtov Board Member 1
Director
$0 $0 $0
Carol Harris Board Member 1
Director
$0 $0 $0
Gayle Tsern Strang Board Member 1
Director
$0 $0 $0
Jackie Holen Board Member 1
Director
$0 $0 $0
Todd Hosfelt Board Member 1
Director
$0 $0 $0
Andrea Higgins Board Member 1
Director
$0 $0 $0
Steve Suda 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 $495,560 $403,645 $390,489 $91,915
2024 $271,332 $266,189 $274,495 $5,143
2023 $289,485 $231,011 $225,752 $58,474
2022 $201,687 $194,400 $166,964 $7,287
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