Chatfield Brass Band Inc

Nonprofit profile at a glance

EIN
237279912
IRS 990 coverage
2020–2024
Forms available
Form 990 2024
Location
Chatfield, MN, USA
Phone
5078673275
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$182,614
Expenses
$75,316
Assets
$945,556
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Ellen Dahlstrom (President)
  • Amy Koenigs (Vice President)

Highest reported compensation

  • Jerel Nielsen (Library Manager - ex officio director): $14,553 total reported compensation
  • Carmen Narveson (Band Director, ex officio director): $3,471 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our mission is to preserve band music and continue the legacy of its performance. The library exists to collect, repair, catalog, store and make available on a loan basis all types of band music, especially music no longer being published.

What it reported doing in 2024

CHATFIELD BRASS BAND--The Chatfield Brass Band is a community band based in Chatfield, MN, with a rich history and strong commitment to free community access to the arts, whether it be as a member or as the audience. With a 50 plus year history, the band remains strong and active while maintaining a visible presence in the arts communities of SE Minnesota. The band has 42 members that come from a 40 mile radius to rehearse and perform. Rehearsals are weekly during the school year. The band sponsors and administrates an 8 week "Music in the Park" free summer concert series, with the Chatfield Brass Band and guest groups. The concerts foster greater knowledge and appreciation of the wide variety of wind music and bring enjoyment to both audience and performers. Other performances include regional parades in their circus-style bandwagon, a community Christmas concert, outreach concerts at senior living centers, and performances at area communities by request. The band is part of the fabric of the community and contributes to the quality of life in our rural area. This fiscal year the 42 member band held 32 rehearsals, performed 8 concerts, and appeared in 1 parade. 4 guest groups were featured in the summer concert series. Excluding parade appearance, audience total of 940.

Operating model

Revenue model
Donor-supported. 77% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% 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 a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 85
  • Accountability: 88
  • Sustainability: 82
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 40.1%; rating input score 40
  • Program expense ratio: 83.9%; rating input score 84
  • Fundraising efficiency: $1,329.84 raised per $1 spent on fundraising; rating input score 98; 98th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 58.8%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 12.55; rating input score 91; 91st percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 23.9%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 1% per year; rating input score 100; 35th percentile among comparable filings
  • Revenue growth: 25.6% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 40.1% of revenue deployed · 83.9% of spending went to programs
  • Governance: 7 of 7 board members independent · 5 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $63K in reported program spending
  • Leadership: top reported pay $15K · 7 people listed
  • Consistency: 39 of 40 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 5 filing years from 2020 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 40/100.
  • Review — Accountability: Governance controls: Independent financial-statement audit not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 15/100.