GREATER TWIN CITIES YOUTH SYMPHONIES

EIN: 416038525 501(c)(3)

ST PAUL, MN

Total Revenue
$2,244,691
Total Expenses
$1,980,698
Total Assets
$3,859,911
Net Assets
$2,982,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
MN
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.

Program Service Accomplishments

Program 1
Expenses: $1,604,258 Revenue: $1,158,310

THE GREATER TWIN CITIES YOUTH SYMPHONIES (GTCYS, PRONOUNCED GIT-SEEZ) OPENS DOORS TO MUSIC AND PROVIDES A MUSICAL PATHWAY FOR STUDENTS OF ALL AGES, ABILITIES, AND BACKGROUNDS. OUR MUSIC EDUCATION...

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THE GREATER TWIN CITIES YOUTH SYMPHONIES (GTCYS, PRONOUNCED GIT-SEEZ) OPENS DOORS TO MUSIC AND PROVIDES A MUSICAL PATHWAY FOR STUDENTS OF ALL AGES, ABILITIES, AND BACKGROUNDS. OUR MUSIC EDUCATION PROGRAMS BREAK DOWN BARRIERS AND HELP STUDENTS EXCEL MUSICALLY, BUILD A LASTING LOVE OF MUSIC, AND DEVELOP LIFELONG SKILLS LIKE TEAMWORK, PERSEVERANCE, AND COMMUNITY ENGAGEMENT. GTCYS IS UNIQUE WITH ITS EQUAL EMPHASIS ON EXCELLENCE AND ACCESS, AND OUR ABILITY TO CONTINUALLY EXPAND PROGRAMMING TO MEET GROWING INTEREST AND COMMUNITY NEEDS WHILE MAINTAINING HIGH ARTISTIC QUALITY AT EVERY STUDENT'S LEVEL. THIS STRATEGY HAS BEEN A CATALYST FOR ONGOING PROGRAMMATIC GROWTH AND GTCYS HAS BECOME THE LARGEST YOUTH ORCHESTRA PROGRAM IN THE COUNTRY. GTCYS IS ALSO UNIQUE IN THE AMOUNT AND SCOPE OF PROGRAMMING WE PROVIDE IN CONTRAST TO THE MODEST SIZE OF OUR STAFF AND BUDGET. HIGHLIGHTS OF THE 2024-25 SEASON INCLUDE: GTCYS' SCHOOL-YEAR ORCHESTRAS EXPANDED TO 11 WITH THE ADDITION OF CAMERATA VIVACE BASED IN THE EAST METRO. 914 STUDENTS AGES 7 18 FROM ACROSS THE REGION DEVELOPED MUSICAL AND PERSONAL SKILLS THROUGH WEEKLY REHEARSALS, SECTIONALS WITH PROFESSIONAL MUSICIANS, PERFORMANCES, CHAMBER MUSIC, LEADERSHIP AND MENTORING OPPORTUNITIES. FOUR ORCHESTRA LEVELS WITH EAST AND WEST METRO LOCATIONS CREATE CONVENIENT GEOGRAPHIC ACCESS FOR FAMILIES. IN FALL 2024, HARMONY LAUNCHED A SECOND PROGRAM SITE AT L'ETOILE DU NORD FRENCH IMMERSION (LNFI) SCHOOL IN ST PAUL. IN TOTAL, HARMONY OFFERED LOW-COST, YEAR-ROUND VIOLIN/CELLO INSTRUCTION FOR NEARLY 100 2ND-5TH GRADERS AT LNFI AND AT OUR ORIGINAL PARTNER SITE RIVERVIEW DUAL SPANISH/ENGLISH IMMERSION SCHOOL (ST. PAUL). SUMMER CAMPS: IN ADDITION TO 3 WEEK-LONG SUMMER ORCHESTRA CAMPS, STUDENTS BENEFITED FROM A BRASS ENSEMBLE CAMP. IN TOTAL, 231 STUDENTS PARTICIPATED IN GTCYS' CAMPS WHICH TOOK PLACE AT THE UNIVERSITY OF MN SCHOOL OF MUSIC, AND INCLUDED SECTIONALS WITH PROFESSIONAL ARTISTS, SOCIAL ACTIVITIES, AND A FREE PUBLIC CONCERT AT TED MANN CONCERT HALL. CONCERTS: 31 PERFORMANCES (22 OF WHICH WERE FREE) ENGAGED 16,427 IN-PERSON AUDIENCE MEMBERS AT VENUES ACROSS THE TWIN CITIES INCLUDING SENIOR CARE CENTERS, LOCAL SCHOOLS, MN VETERANS HOME, UNION GOSPEL MISSION, AND PROFESSIONAL CONCERT HALLS LIKE ORCHESTRA HALL. PERFORMANCES INCLUDED 5 FREE IN-SCHOOL CONCERTS TO INSPIRE ELEMENTARY SCHOOL CHILDREN. NINE GTCYS CONCERTS INCLUDING FESTIVAL CONCERTS AT ORCHESTRA HALL AND SYMPHONY SERIES AT TED MANN CONCERT HALL WERE LIVESTREAMED FOR FREE, REACHING AN ADDITIONAL 6,004 AUDIENCE MEMBERS ACROSS THE COUNTRY. IN TOTAL, GTCYS ENGAGED 22,431 AUDIENCE MEMBERS DURING THE 2024-25 CONCERT SEASON. NEED-BASED SCHOLARSHIPS: STUDENTS BENEFITED FROM $250,048 IN NEED-BASED SCHOLARSHIPS FOR SCHOOL-YEAR ORCHESTRAS, SUMMER CAMP, WEEKLY PRIVATE LESSONS, AND PATHWAY MUSICIANS. 23% OF GTCYS' STUDENTS RECEIVED SCHOLARSHIPS OR SUBSIDIZED SUPPORT. PATHWAY MUSICIANS PROGRAM: IN FALL 2023, GTCYS LAUNCHED THIS NEW PROGRAM TO NURTURE TALENTED HISPANIC/LATINX AND BLACK/AFRICAN AMERICAN MUSICIANS WITH FINANCIAL SUPPORT FOR LESSONS, INSTRUMENTS, CAMPS, CONCERTS AND MENTORING WITH PROFESSIONAL MUSICIANS. FOUR ST. PAUL AREA STUDENTS CONTINUED IN THE PROGRAM FOR THE SECOND YEAR. LAUNCH LESSONS: AS PART OF OUR ONGOING EQUITY, DIVERSITY, AND INCLUSION INITIATIVES, 8 NON-GTCYS BIPOC STUDENTS BENEFITED FROM FREE WEEKLY PRIVATE LESSONS (PAID BY GTCYS), MOST OF WHOM SUBSEQUENTLY JOINED OUR ORCHESTRAS. PRO BONO SCHOOL CLINICS: GTCYS CONDUCTORS LED FREE CLINICS WITH 810 BAND AND ORCHESTRA STUDENTS AT 11 LOCAL PUBLIC ELEMENTARY, MIDDLE AND HIGH SCHOOLS ACROSS THE TWIN CITIES.

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Trantor Score

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

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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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Governance

Voting Members
22
Independent Members
22
Employees
45
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
5
$115,443
Total Directors
22
$0
Key Employees
0
$0
Highest Compensated
0
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
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