MIDSUMMER MUSICAL RETREAT SOCIETY

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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

1982

Legal Domicile

Principal Officer

KATHRYN SCHNEIDER

Phone

9094896183

Tax Period

2023-11-01 to 2024-10-31

MIDSUMMER MUSICAL RETREAT SOCIETY, founded in 1982, is a small nonprofit that reported $316K in total revenue in fiscal year 2023. Expenses of $277K left a modest 12% surplus.

Mission

TO PROVIDE A WORKSHOP FOR ONE WEEK AT WHITMAN COLLEGE INCLUDING STIPENDS OF PROFESSIONAL MUSICIANS, ROOM AND BOARD, PROGRAM SPACE, AND FOOD

Program Service Accomplishments

Program 1

Expenses: $271,670 Revenue: $268,111

ONE WEEK MUSIC WORKSHOP FOR AMATEUR MUSICIANS TO WORK WITH PROFESSIONALS IN A CAMPUS SETTING

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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 $41,619

Program Service Revenue $268,111

Investment Income $3,618

Other Revenue $2,379

TOTAL REVENUE $315,727

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $271,670

Other Expenses $276,960

TOTAL EXPENSES $276,960

Year-over-Year Comparison

	2023	2022	Change
Revenue	$315,727	$297,648	+0.1%
Expenses	$276,960	$251,715	+0.1%
Net Income	$38,767	$45,933	-0.2%

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

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
BOB KREMERS	BOARD MEMBER	1.50	Director	$0	$0	$0
JANE HUTCHESON	PRESIDENT	5.00	Officer Director	$0	$0	$0
ANDREW GRISSOM	BOARD MEMBER	1.50	Director	$0	$0	$0
MORVEN BALMIDIANO	BOARD MEMBER	1.20	Director	$0	$0	$0
KATHRYN SCHNEIDER	TREASURER/ASST. SECRETARY	12.00	Officer Director	$0	$0	$0
SUSAN PLUNKETT	BOARD MEMBER	1.50	Director	$0	$0	$0
SUE ZELL	BOARD MEMBER	1.50	Director	$0	$0	$0
TOM MCKAY	BOARD MEMBER	1.00	Director	$0	$0	$0
HEATHER IRWIN	VICE PRESIDENT	1.50	Officer Director	$0	$0	$0
STEVE ASH	BOARD MEMBER	3.00	Director	$0	$0	$0
REBECCA NERRISON	SECRETARY	1.00	Officer Director	$0	$0	$0
GENNIE WINKLER	CHAIR OF STEERING COMMITTEE	10.00	Officer 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
2024	$315,727	$276,960	$176,407	$38,767
2023	$297,648	$251,715	$137,596	$45,933
2021	$3,688	$7,749	$81,375	$-4,061
2020	$86,030	$72,978	$85,389	$13,052
2020	$86,030	$72,978	$85,389	$13,052
2019	$282,234	$263,894	$72,466	$18,340
2018	$288,004	$277,844	$54,258	$10,160