THE INTERMOUNTAIN SUZUKI STRING INSTITUTE

EIN: 870647618 501(c)(3) Arts, Culture & Humanities

HOLLADAY, UT

Total Revenue
$541,823
Total Expenses
$563,850
Total Assets
$38,420
Net Assets
$34,397
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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
2000
Legal Domicile
UT
Principal Officer
LAUREN POSEY
Phone
8016992217
Tax Period
2023-09-01 to 2024-08-31

THE INTERMOUNTAIN SUZUKI STRING INSTITUTE, founded in 2000, is a small nonprofit in the Arts, Culture & Humanities sector that reported $542K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum.

Mission

THE INTERMOUNTAIN SUZUKI STRING INSTITUTE OFFERS A WEEK-LONG MUSIC CAMP FOR VIOLIN, VIOLA, CELLO, BASS, TRUMPET, AND GUITAR-SERVING OVER 500 STUDENTS AND 100 TEACHERS ANNUALLY. WE ASPIRE TO PROVIDE THE BEST MUSIC EDUCATION POSSIBLE FOR ALL TEACHERS AND CHILDREN INVOLVED IN THE SUZUKI METHOD AND BEYOND. THE ULTIMATE GOAL IS THE HIGHEST DEVELOPMENT OF INDIVIDUAL ABILITIES AND THE ENRICHMENT OF THE HUMAN SPIRIT.

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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 $56,016
Program Service Revenue $481,277
Investment Income $3,034
Other Revenue $1,496
TOTAL REVENUE $541,823

Expense Breakdown

Grants Paid $0
Salaries & Benefits $58,470
Fundraising Expenses $0
Program Expenses $563,850
Other Expenses $505,380
TOTAL EXPENSES $563,850

Year-over-Year Comparison

2023 2022 Change
Revenue $541,823 $443,225 +0.2%
Expenses $563,850 $460,310 +0.2%
Net Income $-22,027 $-17,085 +0.3%
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
6
Independent Members
6
Employees
5
Volunteers
40

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
5
$48,584
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREN POSEY EXECUTIVE DI 20.00
Officer
$30,000 $0 $30,000
TABITHA RICKS REGISTRAR/GR 10.00
Officer
$11,500 $0 $11,500
JAKOB HOFER CHAMBER MUSI 5.00
Officer
$3,959 $0 $3,959
MEGAN MASON ORCHESTRA CO 5.00
Officer
$3,125 $0 $3,125
KIRK CULLIMORE BOARD CHAIR 0.00
Director
$0 $0 $0
KANDACE DATO BOARD MEMBER 0.00
Director
$0 $0 $0
JULIE HANSEN BOARD MEMBER 0.00
Director
$0 $0 $0
NEYLAN MCBAINE BOARD MEMBER 0.00
Director
$0 $0 $0
RENAE MCKELL BOARD MEMBER 0.00
Director
$0 $0 $0
RAMONA STIRLING BOARD MEMBER 0.00
Director
$0 $0 $0
SUNNY JOHNSON WEBMASTER/SC 5.00
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
2024 $541,823 $563,850 $38,420 $-22,027
2023 $443,225 $460,310 $56,538 $-17,085
2022 $347,189 $418,094 $67,893 $-70,905
2021 $321,006 $245,769 $160,319 $75,237
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