Musical Merit Foundation of Greater SD (EIN 956093533) - Form 990 Financial Analysis & Trantor Score

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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

1946

Legal Domicile

Phone

6193229316

Tax Period

2025-01-01 to 2025-12-31

Musical Merit Foundation of Greater SD, founded in 1946, is a small nonprofit in the Arts, Culture & Humanities sector that reported $234K in total revenue in fiscal year 2025. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $52K, a strong 22% operating margin.

Mission

Scholarships to music students

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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 (2025)

Revenue Breakdown

Contributions & Grants $66,250

Program Service Revenue $0

Investment Income $167,476

Other Revenue $0

TOTAL REVENUE $233,726

Expense Breakdown

Grants Paid $114,000

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $149,204

Other Expenses $68,192

TOTAL EXPENSES $182,192

Year-over-Year Comparison

	2025	2024	Change
Revenue	$233,726	$169,933	+0.4%
Expenses	$182,192	$179,869	+0.0%
Net Income	$51,534	$-9,936	-6.2%

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	Role	Reportable Comp	Other Comp	Total
Dr Kay Etheridge	President	Officer	$0	$0	$0
Arlie Langager	Vice President	Officer	$0	$0	$0
Carol Seefeldt	Secretary	Officer	$0	$0	$0
Marj Osgood	Treasurer	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
2025	$233,726	$182,192	$2,976,657	$51,534
2024	$169,933	$179,869	$2,782,098	$-9,936
2023	$169,052	$179,182	$2,697,723	$-10,130
2022	$149,868	$203,719	$2,520,152	$-53,851
2021	$302,774	$232,190	$3,136,513	$70,584
2020	$77,347	$97,688	$2,954,150	$-20,341
2019	$118,040	$174,675	$2,723,927	$-56,635
2018	$191,975	$175,010	$2,393,172	$16,965

Musical Merit Foundation of Greater SD