LADIES MUSICAL CLUB OF SEATTLE

EIN: 916029353 501(c)(3) Arts, Culture & Humanities

SEATTLE, WA

Total Revenue
$274,987
Total Expenses
$318,492
Total Assets
$1,656,959
Net Assets
$1,656,959
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1902
Legal Domicile
WA
Principal Officer
ELIZABETH ARNOLD
Phone
2066137139
Tax Period
2024-01-01 to 2024-12-31

LADIES MUSICAL CLUB OF SEATTLE, founded in 1902, is a small nonprofit in the Arts, Culture & Humanities sector that reported $275K in total revenue in fiscal year 2024. Revenue surged 190% from the prior year, signaling strong growth momentum. Expenses of $318K exceeded revenue, resulting in a 16% operating deficit.

Mission

LADIES MUSICAL CLUB LMCS MISSION IS TO FOSTER CLASSICAL MUSIC AMONGST ITS MEMBERS AND THE GREATER WASHINGTON STATE COMMUNITY THROUGH EDUCATION, PERFORMANCE, AND AWARDS. THIS IS ACCOMPLISHED BY OFFERING MUSIC AND EDUCATION PROGRAMS TO PEOPLE OF ALL AGES AND DIVERSE BACKGROUNDS THROUGHOUT THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $14,073

MUSIC IN SCHOOLS MIS THE MUSIC IN SCHOOLS PROGRAM SUPPORTS BETWEEN FIVE TO SEVEN UNDERSERVED ELEMENTARY SCHOOLS IN THE SEATTLE PUBLIC SCHOOLS DISTRICT EACH SCHOOL YEAR, PRESENTING A VARIETY OF...

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MUSIC IN SCHOOLS MIS THE MUSIC IN SCHOOLS PROGRAM SUPPORTS BETWEEN FIVE TO SEVEN UNDERSERVED ELEMENTARY SCHOOLS IN THE SEATTLE PUBLIC SCHOOLS DISTRICT EACH SCHOOL YEAR, PRESENTING A VARIETY OF PROGRAMS AT NO CHARGE TO THE SCHOOLS. THE GOAL OF THIS SUPPORT IS TO BUILD A HABIT OF MUSIC WITHIN THE SCHOOLS CURRICULUM AND THE STUDENTS LIVES. WE REACH MORE THAN 5,000 STUDENTS EACH YEAR, EITHER IN THE CLASSROOM, AT SCHOOL-WIDE ASSEMBLIES, OR REMOTELY THROUGH VIDEO PERFORMANCES. UNIQUE ARTISTS AND PROGRAMS ARE AVAILABLE THROUGHOUT EACH SCHOOL YEAR IN PERFORMANCES THAT INCLUDE CHAMBER OPERA, CLASSIC STORIES SET TO MUSIC, PARTICIPATORY DANCE AND MUSIC, INSTRUMENT GROUPS BRASS, WOODWIND, SOLOISTS, DIVERSE ETHNIC MUSIC AND INSTRUMENTS.

Program 2
Expenses: $22,919

PUBLIC CONCERT SERIES LMCS MOST VISIBLE FACE IS ITS PUBLIC CONCERT SERIES THAT OFFERS UP TO 50 FREE CLASSICAL MUSIC CONCERTS FROM OCTOBER THROUGH JUNE BY LMC MEMBER-MUSICIANS AND GUESTS. THE...

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PUBLIC CONCERT SERIES LMCS MOST VISIBLE FACE IS ITS PUBLIC CONCERT SERIES THAT OFFERS UP TO 50 FREE CLASSICAL MUSIC CONCERTS FROM OCTOBER THROUGH JUNE BY LMC MEMBER-MUSICIANS AND GUESTS. THE CLASSICAL MUSIC SERIES IS PRESENTED AND/OR FILMED AT A VARIETY OF VENUES THROUGHOUT THE SEATTLE METRO AREA, INCLUDING WEST SEATTLE VETERAN CENTER, SEATTLE ART MUSEUM, FRYE ART MUSEUM, SEATTLE PUBLIC LIBRARY, CENTRAL AND WEST SEATTLE BRANCHES, UNIVERSITY HOUSE WALLINGFORD, MIRABELLA, BELLEVUES CROSSROADS COMMUNITY CENTER THEATER AND THE MUSIC CENTER OF THE NORTHWEST IN NORTH SEATTLE. THESE INTIMATE, ONE-HALF-HOUR TO ONE-HOUR MUSIC PROGRAMS ARE FREE AND OPEN TO THE PUBLIC, AND MOST ARE AVAILABLE TO THE PUBLIC ONLINE THROUGH LMCS SOCIAL MEDIA PLATFORMS.

Program 3
Expenses: $71,243 Revenue: $250

THE FRANCES WALTON COMPETITION IS HELD ANNUALLY IN LATE SPRING AND ITS ASSOCIATED AWARDS TOUR IN THE FALL. IT IS A SOLO AND ENSEMBLE COMPETITION FOR CLASSICAL MUSICIANS, AGES 20-35, WHO LIVE OR STUDY...

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THE FRANCES WALTON COMPETITION IS HELD ANNUALLY IN LATE SPRING AND ITS ASSOCIATED AWARDS TOUR IN THE FALL. IT IS A SOLO AND ENSEMBLE COMPETITION FOR CLASSICAL MUSICIANS, AGES 20-35, WHO LIVE OR STUDY IN THE UNITED STATES, THE DISTRICT OF COLUMBIA, OR ONE OF THE U.S. TERRITORIES. COMPETITORS SUBMIT AUDIO AUDITIONS BEFORE A SPRING DEADLINE. AUDITION FINALISTS PARTICIPATE IN A DAY-LONG COMPETITION IN SEATTLE WHERE FOUR SOLO WINNERS AND ONE ENSEMBLE WINNER ARE SELECTED. THE WINNERS PRESENT A FREE PUBLIC CONCERT THE WEEKEND OF THE COMPETITION. THEY GO ON AN ALL-EXPENSE-PAID WEEK TOUR IN THE FALL, PERFORMING CLASSICAL MUSIC AT FREE CONCERTS TO THOUSANDS OF LISTENERS IN SCHOOLS, COMMUNITY CENTERS, AND HALLS IN LARGELY UNDERSERVED RURAL AND METRO AREAS IN WASHINGTON STATE. WINNERS RECEIVE CASH AWARDS AFTER THE FALL TOUR.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $75,681
Program Service Revenue $14,485
Investment Income $184,821
Other Revenue $0
TOTAL REVENUE $274,987

Expense Breakdown

Grants Paid $24,020
Salaries & Benefits $194,546
Fundraising Expenses $34,810
Program Expenses $159,781
Other Expenses $99,826
TOTAL EXPENSES $318,492

Year-over-Year Comparison

2024 2023 Change
Revenue $274,987 $94,687 +1.9%
Expenses $318,492 $185,705 +0.7%
Net Income $-43,505 $-91,018 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
6
Independent Members
6
Employees
4
Volunteers
150

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
$96,000
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WHITNEY HENDERSON EXECUTIVE DIRECTOR 040.00
Officer
$96,000 $0 $96,000
VICKI WHITE MILTUN PRESIDENT 006.00
Officer Director
$0 $0 $0
NICOLE TRUESDELL VICE PRESIDENT 002.00
Officer Director
$0 $0 $0
STEPHANIE SHADBOLT SECRETARY 001.00
Officer Director
$0 $0 $0
ELIZABETH ARNOLD TREASURER 002.00
Officer Director
$0 $0 $0
KATIE HOLLENBACH TRUSTEE-ARCHIVES 002.00
Director
$0 $0 $0
SILAS BERLIN TRUSTEE-AT-LARGE 001.00
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
2024 $274,987 $318,492 $1,656,959 $-43,505
2023 $135,256 $235,117 $1,619,372 $-99,861
2023 $94,687 $185,705 $1,629,282 $-91,018
2022 $198,408 $178,312 $1,767,465 $20,096
2021 $111,912 $100,245 $2,044,680 $11,667
2020 $119,566 $101,455 $1,673,216 $18,111
2019 $214,763 $115,838 $1,653,126 $98,925
2018 $129,997 $102,075 $1,692,841 $27,922
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