MCO Cultural Exchange Corporation

EIN: 954804461 501(c)(3) International Affairs

Sonoma, CA

Total Revenue
$629,500
Total Expenses
$381,626
Total Assets
$249,472
Net Assets
$249,472
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2000
Legal Domicile
CA
Phone
3104549883
Tax Period
2022-07-01 to 2023-06-30

MCO Cultural Exchange Corporation, founded in 2000, is a small nonprofit in the International Affairs sector that reported $630K in total revenue in fiscal year 2022. Revenue surged 1136% from the prior year, signaling strong growth momentum. The organization ran a surplus of $248K, a strong 39% operating margin.

Mission

Music education for youth and the broader public

Program Service Accomplishments

Program 1
Expenses: $381,626

The MCO CEF has continued to do important cultural projects during the season 2022-2023. Our goal is to support the education of talented musicians who are studying at American Universities and...

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The MCO CEF has continued to do important cultural projects during the season 2022-2023. Our goal is to support the education of talented musicians who are studying at American Universities and Musical Colleges and Conservatories. Currently we have students at Bard College in NY State (Leonid Gurevich), The Juilliard School of Music- Alisa Sadikova- Harpist, and Boston Conservatory - where composer Grig Balasannian is studying and Andre Romanov is currently getting his Master's Degree at New York University at StoneyBrook, Long Island, NY. Additionally, we supported excellent vocalists and instrumentalists in the furtherment of their careers: Grant Hanessian has supported young violinist Sergey Dayan from Armenia and Kira Makagon, Tatev Baroyan who was sent to audition at European Opera Houses and then received contracts for performances. The CEF produced a concert at Carnegie Hall featuring the 150th Anniversary of composer Sergei Rachmaninoff with the help of Elisa Wagner ICP (Production company in NY).

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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 (2022)

Revenue Breakdown

Contributions & Grants $629,500
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $629,500

Expense Breakdown

Grants Paid $381,440
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $381,626
Other Expenses $186
TOTAL EXPENSES $381,626

Year-over-Year Comparison

2022 2021 Change
Revenue $629,500 $50,915 +11.4%
Expenses $381,626 $33,909 +10.3%
Net Income $247,874 $17,006 +13.6%
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

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Governance

Voting Members
4
Independent Members
3
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
2
$0
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROL ROSENBERGER CFO 10.00
Director
$0 $0 $0
DAVID BRIN Secretary 5.00
Officer Director
$0 $0 $0
JANE ZIMMERMAN CEO 1.00
Director
$0 $0 $0
MONICA BURNS OFFICER 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
2023 $629,500 $381,626 $249,472 $247,874
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