THE WAUSAU CONSERVATORY OF MUSIC INC

EIN: 391391008 501(c)(3) Arts, Culture & Humanities

WAUSAU, WI

Total Revenue
$782,236
Total Expenses
$909,895
Total Assets
$3,136,530
Net Assets
$3,061,617
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1981
Legal Domicile
WI
Principal Officer
SUSAN BENDER
Phone
7158456279
Tax Period
2024-07-01 to 2025-06-30

THE WAUSAU CONSERVATORY OF MUSIC INC, founded in 1981, is a small nonprofit in the Arts, Culture & Humanities sector that reported $782K in total revenue in fiscal year 2024. Expenses of $910K exceeded revenue, resulting in a 16% operating deficit.

Mission

THE MISSION OF THE WAUSAU CONSERVATORY OF MUSIC IS TO PROVIDE EXCEPTIONAL MUSIC EDUCATION AND PERFORMANCES THAT ENRICH THE LIVES OF STUDENTS, FAMILIES, FACULTY AND THE COMMUNITY.

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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 $223,945
Program Service Revenue $571,636
Investment Income $2,138
Other Revenue $-15,483
TOTAL REVENUE $782,236

Expense Breakdown

Grants Paid $55,017
Salaries & Benefits $589,381
Fundraising Expenses $66,198
Program Expenses $631,058
Other Expenses $265,497
TOTAL EXPENSES $909,895

Year-over-Year Comparison

2024 2023 Change
Revenue $782,236 $740,839 +0.1%
Expenses $909,895 $781,761 +0.2%
Net Income $-127,659 $-40,922 +2.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
31
Volunteers
45

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
5
$43,005
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH MONTGOMERY PRESIDENT 10.00
Officer Director
$0 $0 $0
AMY RYAN VICE PRESDENT 3.00
Officer Director
$0 $0 $0
ANN SAMBHARA SECRETARY 3.00
Officer Director
$0 $0 $0
CARRIE SUKUP TREASURER 4.00
Officer Director
$0 $0 $0
LAURA RAMSEY MEMBER PART-YEAR 2.00
Director
$0 $0 $0
LAURA MUKERJI MEMBER 3.00
Director
$0 $0 $0
DIXIE WILHITE MEMBER 4.00
Director
$0 $0 $0
ANGIE STANLEY MEMBER 2.00
Director
$0 $0 $0
MARK EVANS MEMBER 5.00
Director
$0 $0 $0
CATHY OLSON MEMBER 2.00
Director
$0 $0 $0
JENNY HSU MEMBER PART-YEAR 3.00
Director
$0 $0 $0
BETH MARTIN MEMBER PART-YEAR 1.00
Director
$0 $0 $0
CAROL LAMANSKY MEMBER PART-YEAR 3.00
Director
$0 $0 $0
SUSAN BENDER EXECUTIVE DIRECTOR 40.00
Officer
$40,005 $3,000 $43,005
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 $782,236 $909,895 $3,136,530 $-127,659
2024 $740,839 $781,761 $3,036,117 $-40,922
2023 $736,948 $747,099 $2,877,733 $-10,151
2022 $1,259,700 $611,664 $2,782,590 $648,036
2021 $970,609 $588,808 $2,318,265 $381,801
2020 $664,524 $640,287 $1,889,148 $24,237
2019 $715,890 $739,427 $1,877,146 $-23,537
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