ASSOCIATION OF INDEPENDENT MUSIC P… - 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

Formation Year

1977

Legal Domicile

Phone

3103215621

Tax Period

2024-06-01 to 2025-05-31

ASSOCIATION OF INDEPENDENT MUSIC PUBLISHERS, founded in 1977, is a small nonprofit that reported $451K in total revenue in fiscal year 2024. Revenue decreased 14% compared to the prior year.

Mission

TO EDUCATE AND INFORM PEOPLE IN THE MUSIC INDUSTRY ABOUT THE MOST CURRENT TRENDS AND PRACTICES BY PROVIDING A FORUM FOR THE DISCUSSION OF THE ISSUES AND PROBLEMS CONFRONTING THE MUSIC INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $410,818 Revenue: $130,673

PROVIDES THE INDEPENENT MUSIC PUBLISHING COMMUNITY WITH CONTINUING PROFESSIONAL EDUCATION AND ANALYSIS OF TRENDS AND DEVELOPMENTS IN VARIOUS AREAS.

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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 $318,495

Program Service Revenue $130,673

Investment Income $2,086

Other Revenue $0

TOTAL REVENUE $451,254

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $410,818

Other Expenses $452,944

TOTAL EXPENSES $452,944

Year-over-Year Comparison

	2024	2023	Change
Revenue	$451,254	$523,390	-0.1%
Expenses	$452,944	$458,791	0.0%
Net Income	$-1,690	$64,599	-1.0%

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

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
JOHN OZIER	NASHVILLE-PRESIDENT	5.00	Officer	$0	$0	$0
COURTNEY CRIST	NASHVILLE-VICE PRESIDENT	5.00	Officer	$0	$0	$0
JANINE EBACH	NASHVILLE-SECRETARY	5.00	Officer	$0	$0	$0
KARI BARNHART	NASHVILLE-TREASURER	5.00	Officer	$0	$0	$0
JEFF PACHMAN	NY-VICE PRESIDENT	5.00	Officer	$0	$0	$0
DEBBIE ROSE	NY-PRESIDENT	5.00	Officer	$0	$0	$0
ART LEVY	NY-SECRETARY	5.00	Officer	$0	$0	$0
JOSEPH BORRINO	NY-TREASURER	5.00	Officer	$0	$0	$0
DAVID QUAN	LA-TREASURER	5.00	Officer	$0	$0	$0
YVONNE DRAZAN	LA-SECRETARY	5.00	Officer	$0	$0	$0
ERIC POLIN	LA-VICE PRESIDENT	5.00	Officer	$0	$0	$0
FRANK HANDY	LA-PRESIDENT	5.00	Officer	$0	$0	$0
TONY ALEXANDER	ATLANTA-PRESIDENT	3.00	Officer	$0	$0	$0
CRYSTAL MORRIS	ATLANTA-VICE PRESIDENT	3.00	Officer	$0	$0	$0
CHERYL POTTS	ATLANTA-SECRETARY	3.00	Officer	$0	$0	$0
TYE HUNTLEY	ATLANTA-TREASURER	1.00	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	$451,254	$452,944	$360,295	$-1,690
2024	$523,390	$458,791	$367,920	$64,599
2023	$152,370	$170,946	$287,577	$-18,576
2022	$173,321	$203,759	$228,525	$-30,438
2021	$197,176	$174,018	$258,972	$23,158
2020	$349,226	$381,738	$251,502	$-32,512
2019	$455,172	$398,026	$279,480	$57,146
2018	$361,438	$330,621	$217,284	$30,817

ASSOCIATION OF INDEPENDENT MUSIC PUBLISHERS