Minnesota Orchestral Association
- Assets
- $187.5m
- Revenue
- $23.6m
- Investments
- $85.7m
- Employees
- 823
- Location
- Minneapolis, MN
- Founding
- 05/1930
- Data as of
- 08/2020
- EIN
- 41-0693875
Organization Overview
Minnesota Orchestral Association is located in Minneapolis, MN. The organization was established in 1930. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Minnesota Orchestral Association employed 823 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Orchestral Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2020, Minnesota Orchestral Association generated $23.6m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $36.0m during the year ending 08/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
AN INTERNATIONALLY-RECOGNIZED ORCHESTRA DEDICATED TO ENRICHING AND SERVING MINNESOTA COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE GRAMMY AWARD-WINNING MINNESOTA ORCHESTRA, LED BY MUSIC DIRECTOR OSMO VANSKA, IS RECOGNIZED FOR OUTSTANDING PERFORMANCES IN MINNESOTA AND AROUND THE WORLD, AS WELL AS FOR CRITICALLY-ACCLAIMED RECORDINGS AND RADIO BROADCASTS, AND A LONGTIME COMMITMENT TO STATE-WIDE MUSIC EDUCATION AND ENGAGEMENT PROGRAMS.MAKING ITS HOME AT ORCHESTRA HALL IN MINNEAPOLIS, IN A TYPICAL SEASON THE ORCHESTRA PRESENTS NEARLY 175 CONCERTS ANNUALLY THAT ARE HEARD LIVE BY SOME 300,000 INDIVIDUALS. DURING THE PANDEMIC, WITH ORCHESTRA HALL INITIALLY CLOSED TO IN-PERSON AUDIENCES, THE ORCHESTRA ENGAGED IN THE MOST AMBITIOUS MULTIMEDIA INITIATIVE IN ITS HISTORY, PARTNERING WITH TWIN CITIES PBS AND YOURCLASSICAL MPR TO CREATE THE BROADCAST AND LIVESTREAM SERIES THIS IS MINNESOTA ORCHESTRA. ACROSS THE SEASON THE ORCHESTRA PRODUCED 19 LIVE CONCERTS FOR AUDIENCES AROUND THE WORLD AND DISTRIBUTED THEM FREE OF CHARGE BY TV, RADIO AND ONLINE STREAMING, WITH EACH EPISODE ATTRACTING APPROXIMATELY 42,000 VIEWS. IN ADDITION TO CONCERTS, THE ORCHESTRA MAINTAINED A ROBUST ONLINE PRESENCE, SHARING MUSICIANS' AT-HOME VIDEOS, COLLABORATIONS WITH OTHER PARTNERS, ALL-AGES EDUCATIONAL ACTIVITIES AND A STEADY STREAM OF BLOG POSTS, AMONG OTHER VIDEOS AND WRITINGS. IN SUMMER 2021, SAFETY PROTOCOLS ALLOWED FOR THE PHASED RETURN OF IN-PERSON AUDIENCES TO ORCHESTRA HALL IN A SERIES OF CONCERTS FEATURING CREATIVE PARTNER FOR SUMMER PROGRAMMING JON KIMURA PARKER.THE MINNESOTA ORCHESTRA ANNUALLY CONNECTS WITH MORE THAN 85,000 MUSIC LOVERS THROUGH FAMILY CONCERTS AND EDUCATIONAL PROGRAMS INCLUDING ITS FLAGSHIP YOUNG PEOPLE'S CONCERTS, WHICH WERE FIRST LAUNCHED IN 1911 AND HAVE HELPED TO LIGHT A SPARK FOR CLASSICAL MUSIC WITH GENERATIONS OF STUDENTS. DURING THE PANDEMIC, THE ORCHESTRA LAUNCHED A SERIES OF DIGITAL EDUCATIONAL CONCERTS AND ACTIVITIES THAT ALLOWED STUDENTS ACROSS THE STATE TO ACCESS QUALITY PROGRAMMING FOR FREE FROM THEIR HOMES. ALTHOUGH TOURING WAS NOT POSSIBLE IN FISCAL 2021 DUE TO THE PANDEMIC, THE ORCHESTRA HAS A LONG HISTORY OF TOURING THROUGHOUT GREATER MINNESOTA AND BEYOND. IN ITS INTERNATIONAL TOURING, THE ORCHESTRA SHARES THE NAME OF ITS STATE WITH BROAD WORLD-WIDE AUDIENCES. WHETHER PERFORMING AT ORCHESTRA HALL, IN GREATER MINNESOTA OR ON AN INTERNATIONAL STAGE, THE MINNESOTA ORCHESTRA REMAINS COMMITTED TO BRINGING PEOPLE TOGETHER THROUGH MUSIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Osmo Vanska Music Director | 40 | $749,397 | |
Michelle Miller Burns President & CEO | Officer | 40 | $394,690 |
Erin Keefe Musician | 40 | $237,028 | |
Ivan Winship VP Of Finance & Administration | Officer | 40 | $220,146 |
Carolyn Egeberg VP Of Advancement | Officer | 40 | $217,887 |
John Snow Musician | 40 | $167,903 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
G&i Ix Oic Llc Building Rental | 8/30/21 | $324,963 |
Ruffalo Noel Levitz Marketing | 8/30/21 | $239,535 |
Cambridge Associates Llc Investment Management | 8/30/21 | $200,000 |
Salo Llc Temporary Staffing | 8/30/21 | $160,250 |
Columbia Artists Management Llc Guest Artist Agent | 8/30/21 | $104,648 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,467,014 |
| Investment income | $1,425,823 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $117 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $43,355 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $221,601 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,588,719 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,805,905 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,625,880 |
| Pension plan accruals and contributions | $772,296 |
| Other employee benefits | $2,862,316 |
| Payroll taxes | $1,363,090 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,132 |
| Fees for services: Accounting | $55,658 |
| Fees for services: Lobbying | $57,596 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $200,000 |
| Fees for services: Other | $1,466,741 |
| Advertising and promotion | $1,633,636 |
| Office expenses | $184,575 |
| Information technology | $26,638 |
| Royalties | $0 |
| Occupancy | $666,287 |
| Travel | $49,824 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $106,164 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,827,783 |
| Insurance | $236,830 |
| All other expenses | $0 |
| Total functional expenses | $36,009,918 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,912,770 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $18,552,413 |
| Accounts receivable, net | $305,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $103,672 |
| Prepaid expenses and deferred charges | $874,094 |
| Investments—publicly traded securities | $29,950,802 |
| Investments—other securities | $85,698,370 |
| Investments—program-related | $530,601 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $187,473,763 |
| Accounts payable and accrued expenses | $2,155,784 |
| Grants payable | $0 |
| Deferred revenue | $3,207,847 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $9,979,644 |
| Other liabilities | $5,589,985 |
| Total liabilities | $20,933,260 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $166,540,503 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minnesota Orchestral Association has recieved totaling $4,000.
| Awarding Organization | Amount |
|---|---|
Agate Legacy Fund Wilmington, DE PURPOSE: MUSIC'S MOMENT CAMPAIGN | $4,000 |
Endowment Analysis
| Beg. Balance | $41,256,488 |
| Earnings | $2,422,833 |
| Net Contributions | $21,284,654 |
| Other Expense | $9,079,570 |
| Ending Balance | $55,884,405 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minnesota Orchestral Association Minneapolis, MN | $187,473,763 | $23,588,719 |
Milwaukee Symphony Orchestra Inc Milwaukee, WI | $122,941,209 | $33,243,126 |
Saint Paul Chamber Orchestra Society St Paul, MN | $57,703,244 | $22,202,532 |
Madison Symphony Orchestra Inc Madison, WI | $6,807,074 | $3,792,114 |
Des Moines Symphony Association Des Moines, IA | $12,208,795 | $2,653,432 |
Milwaukee Youth Symphony Orchestra Inc Milwaukee, WI | $9,958,210 | $2,491,222 |
South Dakota Symphony Orchestra Sioux Falls, SD | $2,471,738 | $2,231,218 |
Quad City Symphony Orchestra Association Davenport, IA | $1,491,842 | $2,535,869 |
Wisconsin Chamber Orchestra Inc Madison, WI | $6,414,052 | $3,173,196 |
Orchestra Iowa Inc Cedar Rapids, IA | $6,413,175 | $1,876,177 |
Greater Twin Cities Youth Symphonies St Paul, MN | $1,493,786 | $1,297,904 |
Dubuque Symphony Orchestra Dubuque, IA | $3,373,289 | $1,369,482 |