LUREN SINGING SOCIETY

EIN: 426060443 501(c)(3) Arts, Culture & Humanities

DECORAH, IA

Total Revenue
$70,238
Total Expenses
$46,614
Total Assets
$585,621
Net Assets
$585,621
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
IA
Principal Officer
STEVE WILKE
Phone
6084386580
Tax Period
2024-09-01 to 2025-08-31

LUREN SINGING SOCIETY, founded in 1999, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $70K in total revenue in fiscal year 2024. Revenue fell 33% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $24K, a strong 34% operating margin.

Mission

THE CULTIVATION OF MUSIC AND MUSICAL EDUCATION, PARTICULARLY MALE CHORUS SINGING; TO FOSTER AND ENGENDER AMOUNG MEMBERS A LOVE FOR THE BEAUTY IN THE NATIONAL AND PATRIOTIC SONGS, ESPECIALLY OF NORWAY AND OTHER SCANDIVIAN COUNTRIES AS WELL AS OF AMERICA; TO ASSIST IN THE DISSEMINATION OF A MORE INTIMATE ACQUAINTANCE WITH AND KNOWLEDGE OF THIS CLASS OF MUSIC AMOUNG THE PUBLIC GENERALLY BY SINGING THESE SONGS AT CONCERTS AND OTHER PUBLIC GATHERINGS AND TO PROMOTE SOCIALBILITY AND GOOD FELLOWSHIP AMOUNG THE MEMBERS.

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $15,967
Program Service Revenue $7,436
Investment Income $31,356
Other Revenue $15,479
TOTAL REVENUE $70,238

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $45,770
Other Expenses $46,614
TOTAL EXPENSES $46,614

Year-over-Year Comparison

2024 2023 Change
Revenue $70,238 $104,411 -0.3%
Expenses $46,614 $42,797 +0.1%
Net Income $23,624 $61,614 -0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
10
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
15
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC FRYDENLUND PRESIDENT 1.00
Officer
$0 $0 $0
ED RICKELMAN VICE PRESIDE 1.00
Officer
$0 $0 $0
STEVE WILKE TREASURER 1.00
Officer
$0 $0 $0
CARL HAAKENSTAD MARSHAL 1.00
Officer
$0 $0 $0
DAVID JUDISCH DIRECTOR 1.00
Officer
$0 $0 $0
DOUG POPPEN ASSISTANT DI 1.00
Officer
$0 $0 $0
LEE GRIPPEN CORRESPONDIN 1.00
Officer
$0 $0 $0
MIKE FITZGERALD HISTORIAN 1.00
Officer
$0 $0 $0
JACK BOEHM ASSISTANT MA 1.00
Officer
$0 $0 $0
JENNIFER PICKETT AUX-CHAIRMAN 1.00
Officer
$0 $0 $0
LINDA WOLFS AUX-VICE CHA 1.00
Officer
$0 $0 $0
DR REBECCA SWELLA SMEDSRUD AUX-TREASURE 1.00
Officer
$0 $0 $0
PAT FITZGERALD AUX-RECORDIN 1.00
Officer
$0 $0 $0
GAIL JUDISCH AUX-HISTORIA 1.00
Officer
$0 $0 $0
JOHN JEFFERSON RECORDING SE 1.00
Officer
$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 $70,238 $46,614 $585,621 $23,624
2024 $104,411 $42,797 $561,997 $61,614
2023 $55,660 $37,796 $500,383 $17,864
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