CHATFIELD BRASS BAND INC

EIN: 237279912 501(c)(3)

Chatfield, MN

Total Revenue
$182,614
Total Expenses
$75,316
Total Assets
$945,556
Net Assets
$945,556
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1973
Legal Domicile
MN
Principal Officer
Jerel Nielsen
Phone
5078673275
Tax Period
2024-10-01 to 2025-09-30

CHATFIELD BRASS BAND INC, founded in 1973, is a small nonprofit that reported $183K in total revenue in fiscal year 2024. Revenue surged 120% from the prior year, signaling strong growth momentum. The organization ran a surplus of $107K, a strong 59% operating margin.

Mission

Our mission is to preserve band music and continue the legacy of its performance. The library exists to collect, repair, catalog, store and make available on a loan basis all types of band music, especially music no longer being published.

Program Service Accomplishments

Program 1
Expenses: $53,955 Revenue: $16,993

CHATFIELD MUSIC LENDING LIBRARY and ARCHIVE--The Chatfield Music Lending Library and Archive is the only one of its kind in the world today. The library has collected and cataloged 51,280 pieces of...

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CHATFIELD MUSIC LENDING LIBRARY and ARCHIVE--The Chatfield Music Lending Library and Archive is the only one of its kind in the world today. The library has collected and cataloged 51,280 pieces of band music, many of which are no longer in print. The library lends music to bands and musicians from all over the world. The online catalog is accessible from the library website. The cataloging project continues as not all titles are yet available online. During this fiscal year the library: Loaned 680 individual titles to 416 patrons throughout the USA and foreign countries. 2,336 packages of music have gone through the scanning project. 3 volunteers worked a total of 155 hours 7 visitors

Program 2
Expenses: $9,210 Revenue: $0

CHATFIELD BRASS BAND--The Chatfield Brass Band is a community band based in Chatfield, MN, with a rich history and strong commitment to free community access to the arts, whether it be as a member or...

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CHATFIELD BRASS BAND--The Chatfield Brass Band is a community band based in Chatfield, MN, with a rich history and strong commitment to free community access to the arts, whether it be as a member or as the audience. With a 50 plus year history, the band remains strong and active while maintaining a visible presence in the arts communities of SE Minnesota. The band has 42 members that come from a 40 mile radius to rehearse and perform. Rehearsals are weekly during the school year. The band sponsors and administrates an 8 week "Music in the Park" free summer concert series, with the Chatfield Brass Band and guest groups. The concerts foster greater knowledge and appreciation of the wide variety of wind music and bring enjoyment to both audience and performers. Other performances include regional parades in their circus-style bandwagon, a community Christmas concert, outreach concerts at senior living centers, and performances at area communities by request. The band is part of the fabric of the community and contributes to the quality of life in our rural area. This fiscal year the 42 member band held 32 rehearsals, performed 8 concerts, and appeared in 1 parade. 4 guest groups were featured in the summer concert series. Excluding parade appearance, audience total of 940.

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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 (2024)

Revenue Breakdown

Contributions & Grants $144,953
Program Service Revenue $16,993
Investment Income $20,668
Other Revenue $0
TOTAL REVENUE $182,614

Expense Breakdown

Grants Paid $0
Salaries & Benefits $39,011
Fundraising Expenses $109
Program Expenses $63,165
Other Expenses $36,305
TOTAL EXPENSES $75,316

Year-over-Year Comparison

2024 2023 Change
Revenue $182,614 $82,883 +1.2%
Expenses $75,316 $66,144 +0.1%
Net Income $107,298 $16,739 +5.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
7
Employees
4
Volunteers
43

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
4
$0
Total Directors
7
$18,024
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jerel Nielsen Library Manager - ex officio director 18
Director
$14,553 $0 $14,553
Carmen Narveson Band Director, ex officio director 6
Director
$3,471 $0 $3,471
Sharyol O'Connor Director at large 1
Director
$0 $0 $0
Ellen Dahlstrom President 2
Officer Director
$0 $0 $0
Susan Lorenzen-Johnson Treasurer 4
Officer Director
$0 $0 $0
Theresa Hayden Secretary 2
Officer Director
$0 $0 $0
Amy Koenigs Vice President 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
2025 $182,614 $75,316 $945,556 $107,298
2024 $82,883 $66,144 $831,407 $16,739
2023 $95,323 $63,844 $775,859 $31,479
2022 $84,009 $82,060 $746,634 $1,949
2021 $54,424 $57,413 $790,094 $-2,989
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