Prairie Music & Arts Inc

EIN: 204959117 501(c)(3) Arts, Culture & Humanities

Sun Prairie, WI

Total Revenue
$346,224
Total Expenses
$209,804
Total Assets
$130,398
Net Assets
$98,617
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2006
Legal Domicile
WI
Principal Officer
Kari W Engleson
Phone
6088349550
Tax Period
2021-08-01 to 2022-07-31

Prairie Music & Arts Inc, founded in 2006, is a small nonprofit in the Arts, Culture & Humanities sector that reported $346K in total revenue in fiscal year 2021. Revenue surged 117% from the prior year, signaling strong growth momentum. The organization ran a surplus of $136K, a strong 39% operating margin.

Mission

Prairie Music and Arts is a community fine arts school offering quality education and opportunities to people of all ages and backgrounds. Offering private and group music lessons as well as art and drama classes both in school and through community outreach programs, our goal is to foster artistic creation that leads to self-confidence, creativity and an enhanced community.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $236,248
Program Service Revenue $109,934
Investment Income $0
Other Revenue $42
TOTAL REVENUE $346,224

Expense Breakdown

Grants Paid $0
Salaries & Benefits $136,568
Fundraising Expenses $8,105
Program Expenses $181,029
Other Expenses $73,236
TOTAL EXPENSES $209,804

Year-over-Year Comparison

2021 2020 Change
Revenue $346,224 $159,282 +1.2%
Expenses $209,804 $215,655 0.0%
Net Income $136,420 $-56,373 -3.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
4
Independent Members
3
Employees
21
Volunteers
10

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
5
$52,000
Total Directors
4
$0
Key Employees
1
$52,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kari Engleson Executive Director 40
Officer Key Emp
$52,000 $0 $52,000
Michael Engleson President, Director 10
Officer Director
$0 $0 $0
Rebecca Ketelsen Vice President, Treasurer, Director 1
Officer Director
$0 $0 $0
Marni Bekkedal Director 1
Officer Director
$0 $0 $0
Kristina Boardman Secretary, Director 1
Officer 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
2022 $346,224 $209,804 $130,398 $136,420
Explore More Nonprofits
→Top 100 Nonprofits in Wisconsin →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Prairie Music & Arts Inc with other nonprofits in Wisconsin and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.