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Data for Financial Resilience

Sones de México

Juan Dies was a musician with little experience in nonprofit accounting when he co-founded Chicago-based Sones de México Ensemble, which is dedicated to Mexican regional folk music. He quickly saw a need to sharpen his skills in financial tracking and analysis.

Analyzing Sones' revenue patterns over time gave him and his board the understanding of Sones'  business structure, and the value of new revenue streams that could offset unpredictable performance and album sales revenue.

Today, Sones de México continues to use data to help them understand how all their programs, including a new music school, work together to support both their mission and their bottom line.

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