Apollo Club of Minneapolis Inc
Nonprofit profile at a glance
- EIN
- 410653003
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Minneapolis, MN, USA
- Phone
- 7634616450
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Singing, Choral
Reported finances
- Revenue
- $67,930
- Expenses
- $51,571
- Assets
- $44,994
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- Bill Kaemmerer (President)
- Jack Larson (1st Vice President)
- Tyler Frankhouse (2nd Vice President)
People named in this filing
- Bill Kaemmerer (President)
- Jack Larson (1st Vice President)
- Tyler Frankhouse (2nd Vice President)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Produce public music performances
What it reported doing in 2024
Apollo in December: Stories of the Season concert - Open to the public - December 14 & 15 2024
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Direct operator. The filing allocates 96% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 42
- Transparency & Controls: 82
- Sustainability: 63
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 37.5%; rating input score 38
- Program expense ratio: 49.4%; rating input score 49
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 24.1%; rating input score 77; 77th percentile among comparable filings
- Total-asset coverage ratio: 0.87; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 0.6% per year; rating input score 100; 50th percentile among comparable filings
- Revenue growth: -15.3% per year; rating input score 0; 18th percentile among comparable filings
- Asset growth: 15.3% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 37.5% of revenue deployed · 49.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $25K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Financial Efficiency: Mission deployment rate scored 38/100.
- Moderate — Financial Efficiency: Program expense ratio scored 49/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.