MARIN MUSIC CHEST

EIN: 946102752 501(c)(3)

ROSS, CA

Total Revenue
$92,061
Total Expenses
$53,852
Total Assets
$532,162
Net Assets
$532,162
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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
1956
Legal Domicile
CA
Principal Officer
JANET GARVIN
Phone
4154617778
Tax Period
2025-01-01 to 2025-12-31

MARIN MUSIC CHEST, founded in 1956, is a micro nonprofit that reported $92K in total revenue in fiscal year 2025. Revenue surged 35% from the prior year, signaling strong growth momentum. The organization ran a surplus of $38K, a strong 42% operating margin.

Mission

PROVIDING FINANCIAL SUPPORT TO TALENTED, PROMISING, YOUNG MARIN COUNTY STUDENTS OF CLASSICAL MUSIC AND, WHEN POSSIBLE, TO ASSIST OTHER NON-PROFIT ORGANIZATIONS WITH SIMILAR GOALS.

Program Service Accomplishments

Program 1
Expenses: $46,925

SCHOLARSHIPS TO EXCEPTIONALLY PROMISING YOUNG ARTISTS BETWEEN THE AGES OF 10 AND 18 WHO RESIDE IN MARIN COUNTY, CA TO PURSUE THEIR STUDIES IN MUSIC. GRANTS TO CALIFORNIA ORGANIZATIONS WITH SIMILAR...

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SCHOLARSHIPS TO EXCEPTIONALLY PROMISING YOUNG ARTISTS BETWEEN THE AGES OF 10 AND 18 WHO RESIDE IN MARIN COUNTY, CA TO PURSUE THEIR STUDIES IN MUSIC. GRANTS TO CALIFORNIA ORGANIZATIONS WITH SIMILAR GOALS PROMOTING MUSIC AND TEACHING MUSIC.

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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 (2025)

Revenue Breakdown

Contributions & Grants $29,542
Program Service Revenue $0
Investment Income $62,519
Other Revenue $0
TOTAL REVENUE $92,061

Expense Breakdown

Grants Paid $33,713
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $46,925
Other Expenses $20,139
TOTAL EXPENSES $53,852

Year-over-Year Comparison

2025 2024 Change
Revenue $92,061 $68,279 +0.3%
Expenses $53,852 $64,633 -0.2%
Net Income $38,209 $3,646 +9.5%
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
N/A
Independent Members
N/A
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
4
$0
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
PHIL HICKS BOARD MEMBER 1.00
Director
$0 $0 $0
MARTHA WALL PRESIDENT 5.00
Officer Director
$0 $0 $0
KRISTIN WOMACK FIRST V.P. AND RECORDING S 1.00
Officer Director
$0 $0 $0
JANET GARVIN TREASURER 1.00
Officer Director
$0 $0 $0
NANCY SCOTT CORRESPONDING SECRETARY 1.00
Officer Director
$0 $0 $0
KATHLEEN LEONES BOARD MEMBER 1.00
Director
$0 $0 $0
NORALE MCKERSIE BOARD MEMBER 1.00
Director
$0 $0 $0
SPENCER MICHELS BOARD MEMBER 1.00
Director
$0 $0 $0
JOHANNA SHERLIN BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN FRITZ-PREY BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN BOYAJY BOARD MEMBER 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
2025 $92,061 $53,852 $532,162 $38,209
2024 $68,279 $64,633 $493,953 $3,646
2023 $76,830 $38,776 $490,305 $38,054
2022 $-32,682 $40,814 $452,251 $-73,496
2021 $68,304 $51,513 $525,747 $16,791
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