Friends Of the Academy of St Marti… - Form 990 Financial Data

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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

Phone

7039693702

Tax Period

2024-07-01 to 2025-06-30

Friends Of the Academy of St Martin in the Fields is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.0M in total revenue in fiscal year 2024. Revenue surged 72% from the prior year, signaling strong growth momentum.

Mission

To provide financial support to the Academy of St Martin in the Fields, a world renowned chamber orchestra.

Program Service Accomplishments

Program 1

Expenses: $1,032,427 Revenue: $1,009,703

American Friends of the Academy of St Martin in the Fields has successfully assisted with cost of the Music Director's position, and covered domestic tour costs for the Academy's U.S. Tours.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,009,703

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $1,009,703

Expense Breakdown

Grants Paid $1,032,427

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,032,427

Other Expenses $4,125

TOTAL EXPENSES $1,036,552

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,009,703	$588,412	+0.7%
Expenses	$1,036,552	$547,636	+0.9%
Net Income	$-26,849	$40,776	-1.7%

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

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Paul Matthews	Director	1.00	Director	$0	$0	$0
Gabriel van Aalst	Director	1.00	Director	$0	$0	$0
Douglas Marriner	Director	1.00	Director	$0	$0	$0
Laura-Jean Anderson	Director	1.00	Director	$0	$0	$0
Carolyn Pope	Director	1.00	Director	$0	$0	$0
Jennifer Miller	Director	1.00	Director	$0	$0	$0
Jacob Cohen	Director	1.00	Director	$0	$0	$0
Martin Fraenkel	Director	1.00	Director	$0	$0	$0
Patricia Lynn Miller	Treasurer	5.00	Officer	$0	$0	$0
Maria Cardamone	President	5.00	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	$1,009,703	$1,036,552	$82,393	$-26,849
2024	$588,412	$547,636	$109,242	$40,776
2023	$473,649	$448,476	$68,466	$25,173
2022	$390,306	$377,680	$43,293	$12,626
2021	$288,298	$390,116	$30,667	$-101,818
2018	$1,042,532	$1,078,794	$51,911	$-36,262

Friends Of the Academy of St Martin in the Fields