SWEET RELIEF MUSICIANS FUND (EIN 954443269) - Form 990 Financial Analysis & Trantor Score

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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

1994

Legal Domicile

Phone

7146260447

Tax Period

2025-01-01 to 2025-12-31

SWEET RELIEF MUSICIANS FUND, founded in 1994, is a community nonprofit in the Diseases & Disorders sector that reported $2.6M in total revenue in fiscal year 2025. Revenue decreased 8% compared to the prior year. Expenses of $3.9M exceeded revenue, resulting in a 53% operating deficit.

Mission

FINANCIAL ASSISTANCE AND CASE MANAGEMENT FOR QUALIFIED MUSICIANS WHO ARE ELDERLY AND RETIRED OR SEMI-RETIRED, OR FOR ANY QUALIFIED MUSICIAN WHO HAS MEDICAL OR MEDICALLY RELATED EXPENSES THEY CANNOT PAY.

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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 (2025)

Revenue Breakdown

Contributions & Grants $2,553,825

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $2,553,825

Expense Breakdown

Grants Paid $2,933,437

Salaries & Benefits $556,480

Fundraising Expenses $97,746

Program Expenses $3,375,039

Other Expenses $417,601

TOTAL EXPENSES $3,907,518

Year-over-Year Comparison

	2025	2024	Change
Revenue	$2,553,825	$2,768,554	-0.1%
Expenses	$3,907,518	$2,925,723	+0.3%
Net Income	$-1,353,693	$-157,169	+7.6%

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

$239,862

Total Directors

$239,862

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
WILLIAM BENNETT	President	60.00	Officer Director	$151,625	$0	$151,625
ARIC STEINBERG	Director	40.00	Officer Director	$88,237	$0	$88,237
VICTORIA WILLIAMS	Vice President	1.00	Officer Director	$0	$0	$0
MARK MATHEWS	Secretary	1.00	Officer Director	$0	$0	$0
DAVID BOURNAZIAN	BOARD OF DIR	1.00	Director	$0	$0	$0
ARIEL HYATT	BOARD OF DIR	1.00	Director	$0	$0	$0
ALLISON SHAW	BOARD OF DIR	1.00	Director	$0	$0	$0
SHELDON GOMBERG	BOARD OF DIR	1.00	Director	$0	$0	$0
PETER WARK	BOARD OF DIR	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	$2,553,825	$3,907,518	$878,330	$-1,353,693
2021	$2,198,883	$1,317,156	$2,912,844	$881,727
2020	$2,764,526	$1,346,804	$2,031,050	$1,417,722
2019	$1,202,449	$664,484	$620,828	$537,965
2018	$492,235	$597,561	$75,716	$-105,326

SWEET RELIEF MUSICIANS FUND