Minneapolis Music Teachers Forum
- Assets
- $99.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jordan, MN
- Founding
- 06/1969
- Data as of
- 06/2022
- EIN
- 41-6024753
Organization Overview
Minneapolis Music Teachers Forum is located in Jordan, MN. The organization was established in 1969. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, 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. Minneapolis Music Teachers Forum 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 06/2022, Minneapolis Music Teachers Forum generated $20.1k 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 (6.6%) each year. All expenses for the organization totaled $21.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (5.8%) 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
CLASSES, WORKSHOPS AND PERFORMANCE OPPORTUNITIES FOR MEMBERS AND STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Narissa Strong Bach Vice Preside | 1 | $0 | |
Merrily Stone Vice Preside | 1 | $0 | |
Kris Olson Vice Preside | 1 | $0 | |
Dr Sharon Follingstad Past Preside | 1 | $0 | |
Donna Engel Treasurer | 1 | $0 | |
Sondra Howe Recording Se | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,280 |
| Total Program Service Revenue | $12,635 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $222 |
| Total Revenue | $20,137 |
| 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 | $1,998 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,370 |
| Total expenses | $21,368 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,890 |
| Other assets | $0 |
| Total assets | $99,390 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,390 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Institute Of Architects Iowa Chapter Des Moines, IA | $644,510 | $840,997 |
Alexandria Area Arts Association Inc Alexandria, MN | $950,884 | $598,447 |
Minnesota Music Educators Association Brooklyn Park, MN | $378,257 | $590,745 |
Iowa Newspaper Foundation Des Moines, IA | $2,433,388 | $1,194,421 |
Jamestown Fine Arts Association Incorporated Jamestown, ND | $1,635,046 | $340,177 |
World Sleep Foundation Rochester, MN | $1,791,753 | $6,917 |
World Sleep Society Inc Rochester, MN | $1,004,150 | $245,669 |
Iowa Bandmasters Association Inc Storm Lake, IA | $420,697 | $0 |
Great River Arts Association Little Falls, MN | $350,722 | $223,339 |
The Minneapolis Chapter Of The American Institute Of Architects I Minneapolis, MN | $117,033 | $0 |
The Minnesota Alliance Of Local History Museums Inc Faribault, MN | $128,075 | $191,351 |
North Dakota Chapter Of The American Institute Of Architects I Bismarck, ND | $323,374 | $0 |