MINNESOTA PHILHARMONIC ORCHESTRA (EIN 411750820) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1993

Legal Domicile

Principal Officer

Daniel Meyers

Phone

6126565676

Tax Period

2023-08-01 to 2024-07-31

MINNESOTA PHILHARMONIC ORCHESTRA, founded in 1993, is a small nonprofit in the Arts, Culture & Humanities sector that reported $208K in total revenue in fiscal year 2023. Revenue surged 57% from the prior year, signaling strong growth momentum. The organization ran a surplus of $83K, a strong 40% operating margin.

Mission

To provide diverse arts entertainment of the highest quality, resulting in increased visibility for the musical talents of the GLBTQA community.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $188,107

Program Service Revenue $13,377

Investment Income $1,496

Other Revenue $4,714

TOTAL REVENUE $207,694

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,234

Fundraising Expenses $6,695

Program Expenses $99,766

Other Expenses $116,621

TOTAL EXPENSES $124,855

Year-over-Year Comparison

	2023	2022	Change
Revenue	$207,694	$132,623	+0.6%
Expenses	$124,855	$115,834	+0.1%
Net Income	$82,839	$16,789	+3.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Rebecca Eilers	Board Member	2	Director	$0	$0	$0
Raymond Cannon	Board Member	2	Director	$0	$0	$0
Grace Flinsch	Board Member	2	Director	$0	$0	$0
Daniel Meyers	President	3	Officer Director	$0	$0	$0
Derek Waller	Vice President	2	Officer Director	$0	$0	$0
Kenneth Kusiak	Treasury	2	Officer Director	$0	$0	$0
Kierra Lopac	Secretary	2	Officer Director	$0	$0	$0
Isabel Arenivar	Board Member	2	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	$207,694	$124,855	$182,647	$82,839

MINNESOTA PHILHARMONIC ORCHESTRA