Exultate
- Assets
- $60.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eagan, MN
- Founding
- 04/1997
- Data as of
- 07/2022
- EIN
- 41-1846579
Organization Overview
Exultate is located in Eagan, MN. The organization was established in 1997. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Exultate 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 07/2022, Exultate generated $55.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $44.2k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (16.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PERFORMED 3 CONCERT SERIES - 7 CONCERTS TOTAL, REHEARSED PERFORMED AND RECORDED ALL JS BACH MOTETS IN GERMAN AND ENGLISH 6 CD SET
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leroy Wilke Treasurer/vice Chair | 2 | $0 | |
Elizabeth Fedde Secretary | 1 | $0 | |
Thomas Rossin Artistic Director | 30 | $0 | |
Laurie Rossin Board Chair | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $37,675 |
| Total Program Service Revenue | $21,016 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,671 |
| Total Revenue | $55,113 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $20,510 |
| Occupancy, rent, utilities, and maintenance | $5,025 |
| Printing, publications, postage, and shipping | $5,552 |
| Other expenses | $13,110 |
| Total expenses | $44,197 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,949 |
| Other assets | $0 |
| Total assets | $60,729 |
| Total liabilities | $64,100 |
| Net assets or fund balances | -$3,371 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Exultate has recieved totaling $125.
| Awarding Organization | Amount |
|---|---|
Ibm International Foundation Armonk, NY PURPOSE: EMPLOYEE MATCHING GRANT | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cantus Minneapolis, MN | $1,048,716 | $1,607,299 |
Minnesota Boychoir St Paul, MN | $225,135 | $439,924 |
National Lutheran Choir Corporation St Paul, MN | $568,277 | $658,854 |
Honors Choirs Of Southeast Minnesota Rochester, MN | $268,646 | $509,429 |
Minnesota Chorale Minneapolis, MN | $110,507 | $452,546 |
Rochester Symphony Orchestra & Chorale Rochester, MN | $425,812 | $640,366 |
Iowa Choral Directors Association Inc Washington, IA | $239,273 | $200,545 |
Madison Youth Choirs Inc Madison, WI | $799,976 | $565,283 |
One Voice Mixed Chorus St Paul, MN | $778,433 | $289,696 |
Twin Cities Gay Mens Chorus Minneapolis, MN | $488,339 | $478,527 |
Milwaukee Childrens Choir Inc Milwaukee, WI | $152,051 | $167,727 |
Heartland Youth Choir Des Moines, IA | $113,273 | $247,611 |