HIAWATHA MUSIC NON-PROFIT CORPORATION

EIN: 382299171 501(c)(3) Arts, Culture & Humanities

MARQUETTE, MI

Total Revenue
$320,840
Total Expenses
$286,259
Total Assets
$397,315
Net Assets
$363,891
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MI
Principal Officer
TOM DUMMER
Phone
9062268575
Tax Period
2024-01-01 to 2024-12-31

HIAWATHA MUSIC NON-PROFIT CORPORATION, founded in 1979, is a small nonprofit in the Arts, Culture & Humanities sector that reported $321K in total revenue in fiscal year 2024. Revenue fell 23% from the prior year — a significant decline worth monitoring. Expenses of $286K left a modest 11% surplus.

Mission

THE HIAWATHA MUSIC NON-PROFIT CORPORATION IS ORGANIZED EXCLUSIVELY TO PROVIDE AND PROMOTE TRADITIONAL MUSIC AND DANCE, EDUCATE AND INFORM SOCIETY ON TRADITIONAL AMERICAN MUSIC AND ENCOURAGE THE APPRECIATION OF SUCH

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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 $59,840
Program Service Revenue $237,702
Investment Income $1,646
Other Revenue $21,652
TOTAL REVENUE $320,840

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,762
Fundraising Expenses $0
Program Expenses $242,046
Other Expenses $254,497
TOTAL EXPENSES $286,259

Year-over-Year Comparison

2024 2023 Change
Revenue $320,840 $418,228 -0.2%
Expenses $286,259 $345,927 -0.2%
Net Income $34,581 $72,301 -0.5%
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

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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
10
Independent Members
10
Employees
1
Volunteers
850

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
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TOM DUMMER PRESIDENT N/A
Officer Director
$0 $0 $0
DAVID WOOD VICE PRESIDENT N/A
Officer Director
$0 $0 $0
JULIE FOSTER-LINDQUIST TREASURER N/A
Officer Director
$0 $0 $0
LUKE GUINDON SECRETARY N/A
Officer Director
$0 $0 $0
MELINDA BRITTON DIRECTOR N/A
Director
$0 $0 $0
SUSAN BERTRAM DIRECTOR N/A
Director
$0 $0 $0
ANN FISHER DIRECTOR N/A
Director
$0 $0 $0
LOUISE ANDERSON DIRECTOR N/A
Director
$0 $0 $0
LEE OSSENHEIMER DIRECTOR N/A
Director
$0 $0 $0
RICHARD PIERSON DIRECTOR N/A
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 $320,840 $286,259 $397,315 $34,581
2023 $418,228 $345,927 $336,159 $72,301
2022 $362,915 $350,183 $264,127 $12,732
2021 $266,154 $145,773 $272,745 $120,381
2020 $79,763 $56,693 $144,476 $23,070
2019 $272,721 $271,725 $108,430 $996
2018 $278,147 $293,214 $107,167 $-15,067
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