MARY U AND EDWIN E MEADER CHAMBER MUSIC ARTS TRUST

EIN: 386800584 501(c)(3) Philanthropy & Grantmaking

KALAMAZOO, MI

Total Revenue
$140,176
Total Expenses
$137,345
Total Assets
$1,657,841
Net Assets
$1,657,841
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2002
Legal Domicile
MI
Principal Officer
MELINDA P SHULL
Phone
2693889800
Tax Period
2024-01-01 to 2024-12-31

MARY U AND EDWIN E MEADER CHAMBER MUSIC ARTS TRUST, founded in 2002, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $140K in total revenue in fiscal year 2024. Revenue surged 82% from the prior year, signaling strong growth momentum. Net assets of $1.7M represent 142 months of operating reserves.

Mission

SUPPORT OF THE FONTANA CHAMBER 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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $140,176
Other Revenue $0
TOTAL REVENUE $140,176

Expense Breakdown

Grants Paid $107,527
Salaries & Benefits $18,940
Fundraising Expenses $0
Program Expenses $114,309
Other Expenses $10,878
TOTAL EXPENSES $137,345

Year-over-Year Comparison

2024 2023 Change
Revenue $140,176 $77,103 +0.8%
Expenses $137,345 $125,342 +0.1%
Net Income $2,831 $-48,239 -1.1%
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
1
Independent Members
1
Employees
N/A
Volunteers
N/A

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
0
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A TRUSTEE 1.00
$18,940 $0 $18,940
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 $140,176 $137,345 $1,657,841 $2,831
2023 $77,103 $125,342 $1,655,010 $-48,239
2022 $64,666 $126,236 $1,703,249 $-61,570
2021 $127,381 $123,597 $1,764,819 $3,784
2020 $115,199 $124,229 $1,761,035 $-9,030
2019 $74,097 $114,448 $1,770,065 $-40,351
2018 $94,684 $123,345 $1,810,416 $-28,661
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