Chatfield, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
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...
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
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...
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.
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)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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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 |
|---|---|---|---|---|---|---|
| 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 |
| 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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