Early Music Minnesota

Nonprofit profile at a glance

EIN
473666458
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024
Location
Saint Paul, MN, USA
Phone
6517392226
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Performing Arts Centers

Official website

Reported finances

Revenue
$47,173
Expenses
$49,259
Assets
$40,933

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

Leadership & pay

4 people listed

Executive titles in this filing

  • MARC LEVINE (PRESIDENT)

People named in this filing

  • MARC LEVINE (PRESIDENT)
  • TAMI MORSE (TREASURER)
  • DONALD LIVINGTON (SECRETARY)

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

Work to create a diverse and stable early music scene in the minneapolis-st paul Minnesota area

What it reported doing in 2024

Early music mn, brought in two world-class, internationally-renowned solo harpsichordists. In addition, we presented a second season of concerts, 2 solo harpsichord and 3 chamber, with 3 guest musicians. Earlymusic mn also provided excellent harpsichords and harpsichord care and tuning for 11 organizations and many individuals.

Operating model

Revenue model
Earned-program. 84% of the money available for current operations came from fees and other program revenue.
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 available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 61
  • Transparency & Controls: 82
  • Sustainability: 30
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.3%; rating input score 62
  • Program expense ratio: 59.6%; rating input score 60

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -4.4%; rating input score 37; 37th percentile among comparable filings
  • Total-asset coverage ratio: 0.83; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 52.5%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -19.5% per year; rating input score 0; 18th percentile among comparable filings
  • Revenue growth: -16.4% per year; rating input score 0; 17th percentile among comparable filings
  • Asset growth: 9.8% per year; rating input score 100; 72nd percentile among comparable filings

Details

  • Where the money goes: 62.3% of revenue deployed · 59.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $29K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 8 filing years from 2017 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 37/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.