Minnesota Guitar Society

Nonprofit profile at a glance

EIN
363442047
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025
Location
Minneapolis, MN, USA
Phone
6126692883
Rating
75
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Music

Reported finances

Revenue
$137,677
Expenses
$84,293
Assets
$220,447

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • MARK ZOBEL (PRESIDENT)

People named in this filing

  • MARK ZOBEL (PRESIDENT)
  • ANNETT RICHTER (VICE PRESIDE)
  • PATRICK SKODJE (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To promote the guitar in all its stylistic and cultural diversity through sponsorship of public forums, concerts and workshops. Serve as an educational and social link.

What it reported doing in 2025

Sundin hall concerts featuring a variety of artists representing various music styles using the guitar, 1,630 participants in attendance. Metronome concerts with a total of 425 attendees, 5 school performances with 170 attendees; guitar masterclasses presented using varied musical styles. Below are a list of various activities that the organization facilitates: -international artists concert serie -jazz and fingerstyle guitar concert series -youtube concerts -guitar in our schools -the youth guitarathon -guitar educator of the year -acoustic open stage

Operating model

Revenue model
Donor-supported. 78% 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 - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 67
  • Transparency & Controls: 82
  • Sustainability: 74
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.3%; rating input score 54
  • Program expense ratio: 88.7%; rating input score 89

Transparency & Controls

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

Sustainability

  • Operating margin: 38.8%; rating input score 87; 87th percentile among comparable filings
  • Total-asset coverage ratio: 2.62; rating input score 86; 86th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 3.4% per year; rating input score 100; 39th percentile among comparable filings
  • Revenue growth: 5.1% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 18% per year; rating input score 100; 75th percentile among comparable filings

Details

  • Where the money goes: 54.3% of revenue deployed · 88.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $75K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 16 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.