UNITED STATES OPEN MUSIC COMPETITION (EIN 943291907) - 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

2005

Legal Domicile

Principal Officer

KATHERINE DANG

Phone

5102069460

Tax Period

2024-07-01 to 2025-06-30

UNITED STATES OPEN MUSIC COMPETITION, founded in 2005, is a small nonprofit in the Arts, Culture & Humanities sector that reported $357K in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. The organization ran a surplus of $95K, a strong 27% operating margin.

Mission

TO PROMOTE CLASSICAL MUSIC APPRECIATION

🔒

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 $329,636

Program Service Revenue $0

Investment Income $26,936

Other Revenue $0

TOTAL REVENUE $356,572

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $224,696

Other Expenses $261,945

TOTAL EXPENSES $261,945

Year-over-Year Comparison

	2024	2023	Change
Revenue	$356,572	$318,411	+0.1%
Expenses	$261,945	$227,945	+0.1%
Net Income	$94,627	$90,466	+0.0%

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

N/A

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

$3,600

Total Directors

$3,600

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAMAE LOO	PRESIDENT	10.00	Officer Director	$0	$0	$0
ANGELA LUI	VICE PRESIDENT	6.00	Officer Director	$0	$0	$0
LU JIN	TREASURER	6.00	Officer Director	$3,600	$0	$3,600
KATHERINE DANG	BOARD CHAIRMAN	24.00	Director	$0	$0	$0
IVY CHEN	BOARD MEMBER	1.00	Officer	$0	$0	$0
ARIANA YU	BOARD MEMBER	1.00	Officer	$0	$0	$0
KRISSIE LI	BOARD MEMBER	1.00	Officer	$0	$0	$0
ANITA LO	SECRETARY	20.00	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	$356,572	$261,945	$876,457	$94,627
2024	$318,411	$227,945	$745,456	$90,466
2023	$279,292	$265,544	$615,189	$13,748
2022	$232,153	$221,434	$566,753	$10,719
2021	$97,946	$143,798	$684,657	$-45,852
2020	$268,558	$247,174	$655,494	$21,384
2019	$230,349	$208,446	$637,371	$21,903
2018	$225,224	$183,838	$614,171	$41,386

UNITED STATES OPEN MUSIC COMPETITION