Minnesota Orchestra Musicians

Nonprofit profile at a glance

EIN
462111345
IRS 990 coverage
2014–2014
Forms available
Form 990 2014
Location
Saint Paul, MN, USA
Phone
9526078877
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Symphony Orchestras

Official website

Reported finances

Revenue
$241,157
Expenses
$233,885
Assets
$292,071
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2014. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • Kathryn Nettleman (President)
  • Richard Marshall (Vice President)

Highest reported compensation

  • Kathryn Nettleman (President): $2,600 total reported compensation
  • Greg Milliren (Secretary): $2,550 total reported compensation
  • Paul Gunther (Board Member at Large): $2,300 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2014. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Musicians of the Minnesota Orchestra work collaboratively to inspire an ever-widening audience to seek a lifelong relationship with great symphonic music. Through innovative and engaging programs we will increase access and deepen connections among the musicians, our community, and the Minnesota Orchestra.

What it reported doing in 2014

In 2014, the Minnesota Orchestra Musicians (MoMO) produced a large scale production of two ticketed events for full symphony orchestra at Ted Mann Auditorium at the University of Minnesota in January 2014. These concerts, led by Hugh Wolff, were attended by 2,400 concertgoers including over 100 students. We also performed three full symphony orchestra concerts at area high schools for our educational series, serving 2,100 students. These occurred on March 21, 2014 at Wayzata High School, April 16, 2014 at Minneapolis South High School, and November 18, 2014 at Mounds View High School. Throughout the year, musicians made 24 visits to elementary, middle & high schools in the Twin Cities to perform and educate students. In addition we provided four chamber music concerts for residents at the Simpson House in Minneapolis, a facility that provides shelter and transitional housing and support services to individual and families in Minneapolis and Hennepin County.

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 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 available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 92
  • Accountability: 72
  • Sustainability: 53
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 91.3%; rating input score 91
  • Program expense ratio: 93.9%; rating input score 94
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: 3 of 9 controls in place; rating input score 33
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 3%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 1.25; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 86; 86th percentile among comparable filings
  • Officer compensation ratio: 4%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 91.3% of revenue deployed · 93.9% of spending went to programs
  • Governance: 5 of 5 board members independent · 3 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $220K in reported program spending
  • Leadership: top reported pay $3K · 5 people listed
  • Consistency: 21 of 21 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 5 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Review — Sustainability: Operating margin scored 50/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.