MINNESOTA MUSIC TEACHERS ASSOCIATION (EIN 416023177) - 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

1901

Legal Domicile

Principal Officer

ALEXANDRA THEIEN

Phone

9523450629

Tax Period

2024-08-01 to 2025-07-31

MINNESOTA MUSIC TEACHERS ASSOCIATION, founded in 1901, is a small nonprofit that reported $276K in total revenue in fiscal year 2024. Revenue decreased 13% compared to the prior year.

Mission

PURPOSE IS TO ADVANCE THE PROFESSION OF MUSIC TEACHERS IN MINNESOTA THROUGH EDUCATION, CERTIFICATION, NETWORKING, AND ADVOCACY. TO FURTHER THIS PURPOSE THE ASSOCIATION MAY SPONSOR PROGRAMS TO ENRICH MUSICAL EDUCATION AND ENCOURAGE MUSICAL PERFORMANCE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $36,633

Program Service Revenue $231,663

Investment Income $3

Other Revenue $7,288

TOTAL REVENUE $275,587

Expense Breakdown

Grants Paid $7,341

Salaries & Benefits $55,625

Fundraising Expenses $0

Other Expenses $222,025

TOTAL EXPENSES $284,991

Year-over-Year Comparison

	2024	2023	Change
Revenue	$275,587	$316,900	-0.1%
Expenses	$284,991	$298,883	0.0%
Net Income	$-9,404	$18,017	-1.5%

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

225

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
JACOB FITZPATRICK	PAST PRESIDE	5.00	Director	$0	$0	$0
MEGAN GILLES	VP FINANCE	15.00	Director	$0	$0	$0
KATIE JOHNSON	VP VOICE/INS	2.00	Director	$0	$0	$0
ELSA MATHEWS	VP PIANO CON	10.00	Director	$0	$0	$0
SONJA NAUMANN	TREASURER	15.00	Officer Director	$0	$0	$0
REBEKAH RICHARDS	VP PIANO EDU	10.00	Director	$0	$0	$0
SARA SMOLENSKY	RECORDING SE	3.00	Officer Director	$0	$0	$0
KAREN STILES	VP CONVENTIO	5.00	Director	$0	$0	$0
ALEXANDRA THEIEN	PRESIDENT	20.00	Officer Director	$0	$0	$0
MATTHEW WILSON	VP MARKETING	2.00	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
2025	$275,587	$284,991	$218,063	$-9,404
2024	$316,900	$298,883	$217,414	$18,017
2023	$276,024	$298,460	$200,003	$-22,436
2021	$257,593	$221,656	$222,161	$35,937
2020	$348,487	$263,550	$196,875	$84,937
2019	$352,429	$369,112	$95,825	$-16,683

MINNESOTA MUSIC TEACHERS ASSOCIATION