Minneapolis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
To provide diverse arts entertainment of the highest quality, resulting in increased visibility for the musical talents of the GLBTQA community.
The MPO successfully carried out its mission in its 2023-24 season and fiscal year, continuing its annual commissioning project showcasing diverse composers, increasing audience attendance, and...
The MPO successfully carried out its mission in its 2023-24 season and fiscal year, continuing its annual commissioning project showcasing diverse composers, increasing audience attendance, and offering free tickets using a pay-what-you-can ticketing model. Under the direction of Dr. Brian Dowdy, the MPO presented 3 concerts featuring music by Arturo Márquez, Emilie Mayer, Samuel Coleridge-Taylor, Adolphus Hailstork, and orchestra member Diane Benjamin alongside that of better-known composers including Ludwig van Beethoven, Aaron Copland, and Samuel Barber. The MPO also premiered a new work it commissioned from nonbinary composer Yaz Lancaster, titled Solace. This commission was part of an annual project that provides compositional opportunities to composers from underrepresented communities, expanding the musical repertoire for orchestral performance. The MPO had a successful financial year thanks to the generous support of individual donors and public and private granting organizations. The MPO increased donors and revenue from individuals and families and won grants from the Minnesota State Arts Board, Metropolitan Regional Arts Council, and Xcel Energy Foundation. The 2023-24 season has set up the MPO for success in continuing to fulfill its mission and provide diverse orchestral entertainment for musicians and community members alike.
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 | $207,694 | $132,623 | +0.6% |
| Expenses | $124,855 | $115,834 | +0.1% |
| Net Income | $82,839 | $16,789 | +3.9% |
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 |
|---|---|---|---|---|---|---|
| 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
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$0 | $0 | $0 |
| Derek Waller | Vice President | 2 |
Officer
Director
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$0 | $0 | $0 |
| Kenneth Kusiak | Treasury | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Kierra Lopac | Secretary | 2 |
Officer
Director
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$0 | $0 | $0 |
| Isabel Arenivar | Board Member | 2 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $207,694 | $124,855 | $182,647 | $82,839 |
Compare MINNESOTA PHILHARMONIC ORCHESTRA with other nonprofits in Minnesota and across the country.