HEARTLAND CHAMBER MUSIC LTD

EIN: 481248171 501(c)(3) Philanthropy & Grantmaking

Kansas City, MO

Total Revenue
$271,830
Total Expenses
$264,161
Total Assets
$41,888
Net Assets
$29,515
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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
2001
Legal Domicile
MO
Principal Officer
Jesse Henkensiefken
Phone
9137354532
Tax Period
2023-07-01 to 2024-06-30

HEARTLAND CHAMBER MUSIC LTD, founded in 2001, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $272K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

The mission of Heartland Chamber Music (HCM) is to connect, engage, and inspire students of all ages and backgrounds through a lifetime of music education and performance.

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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 (2023)

Revenue Breakdown

Contributions & Grants $114,672
Program Service Revenue $158,962
Investment Income $0
Other Revenue $-1,804
TOTAL REVENUE $271,830

Expense Breakdown

Grants Paid $23,515
Salaries & Benefits $114,446
Fundraising Expenses $207
Program Expenses $208,033
Other Expenses $126,200
TOTAL EXPENSES $264,161

Year-over-Year Comparison

2023 2022 Change
Revenue $271,830 $223,504 +0.2%
Expenses $264,161 $235,802 +0.1%
Net Income $7,669 $-12,298 -1.6%
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

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Governance

Voting Members
10
Independent Members
10
Employees
15
Volunteers
100

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
$0
Total Directors
12
$52,658
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Kathy Cook Executive Director 40
Director
$48,958 $0 $48,958
Lawrence Figg Board Member 1
Director
$1,900 $0 $1,900
Susie Yang Board Member 1
Director
$1,800 $0 $1,800
Philip R Bennett President 2
Officer Director
$0 $0 $0
Erin Wilson Treasurer 1
Officer Director
$0 $0 $0
Meaghan Higgins Secretary 1
Officer Director
$0 $0 $0
Chelsea Parker Board Member 1
Director
$0 $0 $0
Logan Rutherford Board Member 1
Director
$0 $0 $0
Philip Cole Board Member 1
Director
$0 $0 $0
Linda Valente Board Member 1
Director
$0 $0 $0
Kevin Hao Board Member 1
Director
$0 $0 $0
Victoria Olson Board Member Emeritus 0.00
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 No data No data No data No data
2024 $271,830 $264,161 $41,888 $7,669
2023 $223,504 $235,802 $31,218 $-12,298
2022 $180,931 $212,268 $36,597 $-31,337
2021 $159,988 $157,479 $66,467 $2,509
2020 $182,427 $213,558 $64,115 $-31,131
2019 $230,663 $179,067 $79,886 $51,596
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