SINGERS MINNESOTA CHORAL ARTISTS

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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

2004

Legal Domicile

Phone

6519171948

Tax Period

2023-07-01 to 2024-06-30

SINGERS MINNESOTA CHORAL ARTISTS, founded in 2004, is a small nonprofit in the Arts, Culture & Humanities sector that reported $321K in total revenue in fiscal year 2023. Expenses of $303K left a modest 6% surplus.

Mission

The Singers serve as artists educators and ambassadors of the choral art. Primary activities are performances educational outreach and recording.

Program Service Accomplishments

Program 1

Expenses: $254,150 Revenue: $0

The Singers celebrated their 20th Anniversary season with subscription concerts in October 2023 Singers Choice December 2023 What Sweeter Music March 2024 My Souls Repose and May 2024 Windows and...

The Singers celebrated their 20th Anniversary season with subscription concerts in October 2023 Singers Choice December 2023 What Sweeter Music March 2024 My Souls Repose and May 2024 Windows and Mirrors. Two Community Sing events included Considering Matthew Shepard October 2023 and the Justice Choir Songbook January 2024. The choir also performed world premiere works by composers Isaac Lovdahl Matthew Culloton John Muehleisen Remel Derrick Roger Zare and Aaron David Miller. Lovdahl Derrick and Zare were winners in a global call for scores meant to celebrate the choirs dedication to new music for 20 years. In February 2024 the choir teamed for a collaborative concert with the Concordia Choir. In June 2024 The Singers headlined for the national conference of the Anglican Association of Musicians.

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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 (2023)

Revenue Breakdown

Contributions & Grants $207,122

Program Service Revenue $107,574

Investment Income $6,611

Other Revenue $-89

TOTAL REVENUE $321,218

Expense Breakdown

Grants Paid $0

Salaries & Benefits $76,834

Fundraising Expenses $12,874

Program Expenses $254,150

Other Expenses $226,181

TOTAL EXPENSES $303,015

Year-over-Year Comparison

	2023	2022	Change
Revenue	$321,218	$335,159	0.0%
Expenses	$303,015	$317,375	0.0%
Net Income	$18,203	$17,784	+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

Volunteers

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

$70,628

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Allie Tunseth Lindgren	President	3.00	Officer	$0	$0	$0
Jon Van Nurden	Vice President	2.00	Officer	$0	$0	$0
Jim Sele	Secy Treasurer	2.00	Officer	$0	$0	$0
Julio Antonio Fesser	Member	1.00	Director	$0	$0	$0
Patty Paulus	Member	1.00	Director	$0	$0	$0
Julie Schramke	Member	1.00	Director	$0	$0	$0
Jackie Steele	Member	1.00	Director	$0	$0	$0
Matthew Culloton	Exec and Artistic Director	40.00	Officer	$68,678	$1,950	$70,628

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	$321,218	$303,015	$604,143	$18,203
2023	$335,159	$317,375	$571,829	$17,784
2022	$317,468	$375,664	$546,683	$-58,196
2021	$645,958	$169,709	$612,751	$476,249