GREATER TWIN CITIES YOUTH SYMPHONIES (EIN 416038525) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1972

Legal Domicile

Principal Officer

MEGEN BALDA

Phone

6516026800

Tax Period

2024-09-01 to 2025-08-31

GREATER TWIN CITIES YOUTH SYMPHONIES, founded in 1972, is a community nonprofit that reported $2.2M in total revenue in fiscal year 2024. Revenue grew 12% year-over-year, indicating healthy expansion. Expenses of $2.0M left a modest 12% surplus.

Mission

IN THE CONVICTION THAT MUSIC NOURISHES THE MIND, BODY, AND SPIRIT OF THE INDIVIDUAL AND ENRICHES THE COMMUNITY, THE GREATER TWIN CITIES YOUTH SYMPHONIES PROVIDES A RIGOROUS AND INSPIRING ORCHESTRAL EXPERIENCE FOR YOUNG MUSICIANS.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $868,333

Program Service Revenue $1,158,310

Investment Income $132,922

Other Revenue $85,126

TOTAL REVENUE $2,244,691

Expense Breakdown

Grants Paid $0

Salaries & Benefits $1,203,583

Fundraising Expenses $231,302

Program Expenses $1,604,258

Other Expenses $777,115

TOTAL EXPENSES $1,980,698

Year-over-Year Comparison

	2024	2023	Change
Revenue	$2,244,691	$1,995,570	+0.1%
Expenses	$1,980,698	$1,859,243	+0.1%
Net Income	$263,993	$136,327	+0.9%

Key Indicators

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

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Financial Health Indicators

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

Governance

Voting Members

Independent Members

Employees

Volunteers

200

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

$115,443

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MEGEN BALDA	EXECUTIVE DIRECTOR	40.00	Officer	$105,191	$10,252	$115,443
MAURICE HOLLOMAN	PRESIDENT	3.00	Officer Director	$0	$0	$0
DAVE MICHELA	VICE PRESIDENT	3.00	Officer Director	$0	$0	$0
LAURA NEWINSKI	TREASURER	3.00	Officer Director	$0	$0	$0
SARA KLEINSASSER TAN	SECRETARY	3.00	Officer Director	$0	$0	$0
KATIE BERG	DIRECTOR	1.50	Director	$0	$0	$0
UMA BHATI	DIRECTOR	1.50	Director	$0	$0	$0
MATTHEW CROWLEY	DIRECTOR	1.50	Director	$0	$0	$0
PHILLIP CRUMP	DIRECTOR	1.50	Director	$0	$0	$0
MICHELE DECOUX	DIRECTOR	1.50	Director	$0	$0	$0
ANDREW EKLUND	DIRECTOR	1.50	Director	$0	$0	$0
ALLISON ELDER	DIRECTOR	1.50	Director	$0	$0	$0
LISA FRENCH	DIRECTOR	1.50	Director	$0	$0	$0
MATTHEW HARRIS	DIRECTOR	1.50	Director	$0	$0	$0
PATRICK HYATTE	DIRECTOR	1.50	Director	$0	$0	$0
MELISSA MEINKE KRUEGER	DIRECTOR	1.50	Director	$0	$0	$0
RICH MAY JR	DIRECTOR	1.50	Director	$0	$0	$0
BRADLEY PETERSON	DIRECTOR	1.50	Director	$0	$0	$0
ZINA SCHEUERMAN	DIRECTOR	1.50	Director	$0	$0	$0
ADELE SUTTLE	DIRECTOR	1.50	Director	$0	$0	$0
JEFFREY TUTTLE	DIRECTOR	1.50	Director	$0	$0	$0
LAWRENCE WANG	DIRECTOR	1.50	Director	$0	$0	$0
KJIRSTEN ZELLMER	DIRECTOR	1.50	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	$2,244,691	$1,980,698	$3,859,911	$263,993
2024	$1,995,570	$1,859,243	$3,280,841	$136,327
2023	$1,597,499	$1,487,212	$2,895,581	$110,287
2022	$2,035,363	$1,547,063	$2,587,432	$488,300
2021	$1,443,965	$1,071,818	$2,292,375	$372,147
2020	$1,297,904	$1,184,562	$1,493,786	$113,342
2019	$1,381,748	$1,289,734	$1,708,089	$92,014
2018	$1,396,919	$1,256,847	$1,616,269	$140,072

GREATER TWIN CITIES YOUTH SYMPHONIES