IOWA BANDMASTERS ASSOCIATION INC (EIN 421525499) - 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

1928

Legal Domicile

Principal Officer

TIFFANY M NELSON

Phone

7125413308

Tax Period

2024-07-01 to 2025-06-30

IOWA BANDMASTERS ASSOCIATION INC, founded in 1928, is a small nonprofit in the Arts, Culture & Humanities sector that reported $204K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. The organization ran a surplus of $51K, a strong 25% operating margin.

Mission

PROMOTE/IMPROVE INTEREST IN QUALITY OF BAND MUSIC IN IOWA

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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 $88,846

Program Service Revenue $19,285

Investment Income $15,523

Other Revenue $79,945

TOTAL REVENUE $203,599

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $124,906

Other Expenses $114,771

TOTAL EXPENSES $152,421

Year-over-Year Comparison

	2024	2023	Change
Revenue	$203,599	$183,022	+0.1%
Expenses	$152,421	$133,925	+0.1%
Net Income	$51,178	$49,097	+0.0%

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

N/A

Volunteers

N/A

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

$3,500

Total Directors

$6,700

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KYLE ENGELHARDT	PRESIDENT	20.00	Officer Director	$0	$0	$0
AARON NUSS	COMMUNICATIONS CHAIR	2.00	Director	$1,600	$0	$1,600
BRANDON WEEKS	SECRETARY	20.00	Officer Director	$1,750	$0	$1,750
TIFFANY NELSON	TREASURER	20.00	Officer Director	$1,750	$0	$1,750
CLIFF ST CLAIR	IMMEDIATE PAST PRESIDENT	2.00	Director	$1,600	$0	$1,600
STEVE SHANLEY	PRESIDENT ELECT	20.00	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	$203,599	$152,421	$549,617	$51,178

IOWA BANDMASTERS ASSOCIATION INC