WHEATLAND MUSIC ORGANIZATION INC

EIN: 382176484 501(c)(3) Arts, Culture & Humanities

REMUS, MI

Total Revenue
$1,428,730
Total Expenses
$1,189,387
Total Assets
$2,230,581
Net Assets
$2,203,231
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
MI
Principal Officer
MARIA REISER
Phone
9899678879
Tax Period
2023-01-01 to 2023-12-31

WHEATLAND MUSIC ORGANIZATION INC, founded in 1975, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.4M in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. The organization ran a surplus of $239K, a strong 17% operating margin.

Mission

TO SERVE AS A RESOURCE CENTER FOR THE PRESERVATION AND PRESENTATION OF TRADITIONAL MUSIC AND ARTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $84,668
Program Service Revenue $1,272,123
Investment Income $26,317
Other Revenue $45,622
TOTAL REVENUE $1,428,730

Expense Breakdown

Grants Paid $0
Salaries & Benefits $189,372
Fundraising Expenses $84,229
Program Expenses $889,181
Other Expenses $988,018
TOTAL EXPENSES $1,189,387

Year-over-Year Comparison

2023 2022 Change
Revenue $1,428,730 $1,150,703 +0.2%
Expenses $1,189,387 $944,411 +0.3%
Net Income $239,343 $206,292 +0.2%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
12
Independent Members
12
Employees
3
Volunteers
1200

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
2
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF BAKER VICE PRESIDE 5.00
Officer Director
$0 $0 $0
KENT BLACKMER DIRECTOR 2.00
Director
$0 $0 $0
CARRIE HARRIS DIRECTOR 2.00
Director
$0 $0 $0
MARY ANE KRUM DIRECTOR 2.00
Director
$0 $0 $0
JO MCLACHLAN DIRECTOR 2.00
Director
$0 $0 $0
ANDY MUNSCHY DIRECTOR 2.00
Director
$0 $0 $0
CAROLINE PASSARIELLO DIRECTOR 2.00
Director
$0 $0 $0
JOHN REISER DIRECTOR 2.00
Director
$0 $0 $0
MARIA REISER PRESIDENT 5.00
Officer Director
$0 $0 $0
CLAUDIA REY-PERRY DIRECTOR 2.00
Director
$0 $0 $0
DONALD SHORT DIRECTOR 5.00
Director
$0 $0 $0
MARY SUMNERS DIRECTOR 2.00
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
2024 No data No data No data No data
2023 $1,428,730 $1,189,387 $2,230,581 $239,343
2022 $1,150,703 $944,411 $1,968,317 $206,292
2021 $964,644 $427,774 $2,385,802 $536,870
2020 $211,720 $380,855 $1,225,177 $-169,135
2019 $1,072,893 $992,486 $1,384,515 $80,407
2018 $986,289 $960,039 $1,290,124 $26,250
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