BLOOMINGTON, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)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.
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.
PIANO CONTESTS PROMOTED EXCELLENCE IN PIANO SKILLS FOR YOUNG STUDENTS AND MUSIC TEACHERS. NUMEROUS PIANO CONTESTS WERE HELD DURING THE YEAR BRINGING TOGETHER 1,871 STUDENTS AND 234 TEACHERS.
PIANO EDUCATIONAL PROGRAMS - EXAM EVENTS WERE OFFERED TO TEST AND IMPROVE SKILLS RELATING TO KEYBOARD SKILLS, SIGHTPLAYING, PIANO, AND MUSIC THEORY. 1,976 STUDENTS PARTICIPATED IN THESE EXAM EVENTS.
THE MN MUSIC TEACHERS ANNUAL CONVENTION PROMOTES PROFESSIONAL EXCELLENCE AMONG TEACHERS IN THE STATE. 10 VARIOUS BREAK-OUT SESSIONS WERE OFFERED DURING THE CONVENTION AND 143 TEACHERS ATTENDED THE...
THE MN MUSIC TEACHERS ANNUAL CONVENTION PROMOTES PROFESSIONAL EXCELLENCE AMONG TEACHERS IN THE STATE. 10 VARIOUS BREAK-OUT SESSIONS WERE OFFERED DURING THE CONVENTION AND 143 TEACHERS ATTENDED THE EVENT.
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)| 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% |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 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 |
Compare MINNESOTA MUSIC TEACHERS ASSOCIATION with other nonprofits in Minnesota and across the country.