Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)The Cedar Cultural Center Inc, founded in 1988, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.2M in total revenue in fiscal year 2023. Expenses of $1.6M exceeded revenue, resulting in a 32% operating deficit.
To promote intercultural appreciation and understanding through the presentation of global music and dance. The Cedar is committed to artistic excellence and integrity, diversity of programming, support for emerging artists and community outreach.
The Cedar, a 501(c)(3) organization, has never wavered from its original vision of building a world where all communities and ages can connect over high-quality, original, global music. Throughout...
The Cedar, a 501(c)(3) organization, has never wavered from its original vision of building a world where all communities and ages can connect over high-quality, original, global music. Throughout 2023, we presented more than 100 artists and bands, originating from more than thirty countries. These performers, as well as local and national artists, choose to play The Cedar because of our enthusiastic audiences, our near-perfect acoustics, and our highly-danceable floor. Our programming included the return of our annual Global Roots Festival, a three-day music festival featuring musicians from Ethiopia, Estonia, Afghanistan, India and Kenya. More than 500 community members - including many students - participated in the free festival. 2023 also saw the continuation of our annual Cedar Commissions, a program that commissions six early-career/ emerging Minnesotan composers and musicians to create and perform new music. This program is made possible by a generous grant from the Jerome Foundation. To date, more than sixty Minnesota-based artists of diverse styles and backgrounds have advanced their careers through this opportunity. Finally, we deepened partnerships with community and cultural organizations, working together to build new audiences for our global performances. Examples of 2023 partnerships include Minnesota Orchestra, Summer Cypher, Alliance Francaise, Theater Mu, The Ukranian American Community Center, NACDI and the Walker Art Center.
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)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $1,191,406 | $1,171,110 | +0.0% |
| Expenses | $1,576,042 | $1,362,589 | +0.2% |
| Net Income | $-384,636 | $-191,479 | +1.0% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Michelle Woster | Executive Dir | 40.00 |
Officer
Director
|
$102,354 | $0 | $102,354 |
| Nikki Miller | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tisha Kehn | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Amanda Schroder DeLong | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Tim Wong | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Curt Trisko | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Steve Jewell | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Jeffrey Bissoy-Mattis | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Loki Karuna | Vice President | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Maryam Yusefzadeh | President | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Kirsten Lies-Warfield | Secretary | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Robert Van Nelson | Treasurer | 3.00 |
Officer
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $1,191,406 | $1,576,042 | $1,447,129 | $-384,636 |
| 2022 | $1,171,110 | $1,362,589 | $1,848,744 | $-191,479 |
| 2021 | $1,717,061 | $909,569 | $2,037,241 | $807,492 |
| 2020 | $820,580 | $689,192 | $1,253,315 | $131,388 |
| 2019 | $1,681,999 | $1,967,997 | $1,059,389 | $-285,998 |
| 2018 | $1,774,742 | $2,200,992 | $1,439,294 | $-426,250 |
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