MINNESOTA MUSIC EDUCATORS ASSOCIATION (EIN 416047295) - 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

1937

Legal Domicile

Principal Officer

CHRISTOPHER ROCHESTER

Phone

7635661460

Tax Period

2024-01-01 to 2024-12-31

MINNESOTA MUSIC EDUCATORS ASSOCIATION, founded in 1937, is a small nonprofit in the Arts, Culture & Humanities sector that reported $971K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion.

Mission

To develop, promote & support equitable & comprehensive music learning & teaching in Minnesota.

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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 $9,327

Program Service Revenue $941,759

Investment Income $1,419

Other Revenue $18,383

TOTAL REVENUE $970,888

Expense Breakdown

Grants Paid $58,657

Salaries & Benefits $264,069

Fundraising Expenses $0

Program Expenses $885,162

Other Expenses $643,781

TOTAL EXPENSES $966,507

Year-over-Year Comparison

	2024	2023	Change
Revenue	$970,888	$891,392	+0.1%
Expenses	$966,507	$833,341	+0.2%
Net Income	$4,381	$58,051	-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

243

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

$99,501

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JERRI NEDDERMEYER	Executive Dir.	40.00	Officer	$85,000	$14,501	$99,501
ADRIAN DAVIS	President	5.00	Officer Director	$0	$0	$0
ANTHONY BOLDT	PAST PRESIDENT	5.00	Officer Director	$0	$0	$0
KAREN HOWARD	PRESIDENT ELECT	5.00	Officer Director	$0	$0	$0
ANDY DELUCA	BAND VP	5.00	Officer Director	$0	$0	$0
JOHN KLEINWOLTERINK	CHOIR VP	5.00	Officer Director	$0	$0	$0
CRAIG PETERSON	ORCHESTRA VP	5.00	Officer Director	$0	$0	$0
CHRISTOPHER ROCHESTER	JAZZ VP	5.00	Officer Director	$0	$0	$0
AMY GIDDINGS	ELEM CLASSRM VP	5.00	Officer Director	$0	$0	$0
NICOLE LAMBRECHT	COLLEGE CPTS VP	5.00	Officer Director	$0	$0	$0
AARON LOHMEYER	M/S C/R VP	5.00	Officer Director	$0	$0	$0
DANIEL FELTON	MID 2ND ENSM VP	5.00	Officer Director	$0	$0	$0
RUTH LEMAY	MID 2ND ENSM VP	5.00	Officer Director	$0	$0	$0
CHRISTOPH DUNDAS	REG 1-2A/AA REP	1.00	Officer Director	$0	$0	$0
ERIC SONGER	REG 1-2A/AA REP	1.00	Director	$0	$0	$0
RACHEL GORDEN MERCER	REG 1-2A/AA REP	1.00	Director	$0	$0	$0
BEN BUSSEY	REG 3-4A REP	1.00	Director	$0	$0	$0
ALEX FERDERER	REG 3-4 AA REP	1.00	Director	$0	$0	$0
CHRIS JACOBSON	REG 5-6A REP	1.00	Director	$0	$0	$0
DAVID DAVIS	REG 5-6AA REP	1.00	Director	$0	$0	$0
GUNNAR AAS	REG 7-8A/AA REP	1.00	Director	$0	$0	$0
ABIGAIL VAN KLOMPENBERG	REG 7-8A/AA REP	1.00	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
2024	$970,888	$966,507	$569,595	$4,381
2023	$891,392	$833,341	$568,713	$58,051
2022	$703,151	$666,985	$468,651	$36,166
2021	$590,745	$488,700	$378,257	$102,045
2020	$449,686	$418,004	$153,267	$31,682
2019	$748,768	$827,592	$219,880	$-78,824
2018	$772,580	$818,119	$303,485	$-45,539

MINNESOTA MUSIC EDUCATORS ASSOCIATION