Burnsville, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)TWIN CITIES CATALYST MUSIC INC, founded in 2014, is a small nonprofit in the Arts, Culture & Humanities sector that reported $222K in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $293K exceeded revenue, resulting in a 32% operating deficit.
Twin Cities Catalyst Music (Catalyst) is a 501c3 nonprofit organization with the mission to catalyze the creative and professional potential of young people in the music industry.
Catalyst fulfills its mission through The Garage in Burnsville, the all ages (no 18+ or 21+ restrictions), substance-free, live music venue, recording studio, and educational center. In addition to...
Catalyst fulfills its mission through The Garage in Burnsville, the all ages (no 18+ or 21+ restrictions), substance-free, live music venue, recording studio, and educational center. In addition to live performances, the organization offers virtual and in-person free year-round music education programs focused on songwriting, performance, recording, videography, and music production. Since 2015, Catalyst has presented over 500 live performances for a collective audience of more than 50,000 individuals while working with over 2,000 young aspiring artists through various free mentoring and performance opportunities.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $221,961 | $298,787 | -0.3% |
| Expenses | $292,912 | $411,629 | -0.3% |
| Net Income | $-70,951 | $-112,842 | -0.4% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Beth Mammenga | Executive Director | 40 |
Director
|
$71,800 | $2,449 | $74,249 |
| Carl Atiya Swanson | President | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Stacey Supina | Secretary | 1 |
Officer
Director
|
$0 | $0 | $0 |
| James Taylor | Vice President | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Joel Walters | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Bill Mohr | Treasurer | 2 |
Officer
Director
|
$0 | $0 | $0 |
| Shinwon Noh | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Tony LeFebvre | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Matt Holmes | Board Member | 1 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $221,961 | $292,912 | $63,079 | $-70,951 |
| 2023 | $298,787 | $411,629 | $144,729 | $-112,842 |
| 2022 | $365,242 | $467,215 | $254,301 | $-101,973 |
| 2021 | $385,561 | $284,529 | $400,504 | $101,032 |
| 2020 | $297,895 | $215,727 | $269,780 | $82,168 |
| 2019 | $368,651 | $302,963 | $172,029 | $65,688 |
| 2018 | $263,344 | $267,305 | $96,293 | $-3,961 |
Compare TWIN CITIES CATALYST MUSIC INC with other nonprofits in Minnesota and across the country.