Los Angeles, CA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE MUSIC GUILD THE MUSIC GUILD, founded in 1945, is a small nonprofit that reported $103K in total revenue in fiscal year 2022. Revenue fell 61% from the prior year — a significant decline worth monitoring. Expenses of $206K exceeded revenue, resulting in a 101% operating deficit.
The Music Guild presented six of the finest chamber music concerts with the greatest local chamber musicians throughout our 79th season. Our outreach activities include facilitating the adoption of pianos and other instruments by public and private schools, private music students, churches and libraries. Also, The Music Guild facilitated an instrument lending program to talented students which dynamically enhances their learning and performance abilities. It has been proven and documented that students who study to learn an instrument find improvement in all of their academic studies and social skills; proving that music is not a frill but an integral part of a student's life long quest for excellence.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $102,888 | $261,577 | -0.6% |
| Expenses | $206,337 | $194,784 | +0.1% |
| Net Income | $-103,449 | $66,793 | -2.5% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Eugene Golden | Secretary/Director | 50 |
Officer
|
$44,000 | $0 | $44,000 |
| Leslie Eber MD | Vice-President/Director | 2 |
Director
|
$0 | $0 | $0 |
| William Sloan MD | Treasurer/Director | 1 |
Director
|
$0 | $0 | $0 |
| Leslie M Klein | Director | 1 |
Director
|
$0 | $0 | $0 |
| Rosana Bogart | Director | 1 |
Director
|
$0 | $0 | $0 |
| William Vestal | Director | 1 |
Director
|
$0 | $0 | $0 |
| Adele Shapiro | President/Director | 3 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2023 | $102,888 | $206,337 | $277,252 | $-103,449 |
| 2022 | $261,577 | $194,784 | $380,701 | $66,793 |
| 2021 | $313,237 | $124,470 | $313,908 | $188,767 |
Compare THE MUSIC GUILD THE MUSIC GUILD with other nonprofits in California and across the country.