Civic Intelligence

Cantus

990 • Fiscal year 2015 • EIN 41-1934424

Aug 01, 2014 to Jul 31, 2015 • Filed on Jan 19, 2016

PO Box 2379Minneapolis, MN 55402

(612) 435-0046

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.35x

Higher debt load relative to assets than 71% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

45th percentile

0.08x

Higher debt load relative to revenue than 45% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

49th percentile

2.4%

Higher net margin than 49% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

87th percentile

31%

Faster asset growth than 87% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

73rd percentile

16%

Faster revenue growth than 73% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$318,473

Up $74,836 (+31%) from 2014

Net Assets

Up

$206,148

Up $31,791 (+18%) from 2014

Liabilities

Up

$112,325

Up $43,045 (+62%) from 2014

Revenue

Up

$1,339,743

Up $186,429 (+16%) from 2014

Expenses

Up

$1,307,952

Up $162,789 (+14%) from 2014

Net Income

Up

$31,791

Up $23,640 (+290%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $192,562Liabilities 2011: $62,386Net Assets 2011: $130,1762011Assets 2012: $198,901Liabilities 2012: $35,341Net Assets 2012: $163,5602012Assets 2013: $212,695Liabilities 2013: $46,489Net Assets 2013: $166,2062013Assets 2014: $243,637Liabilities 2014: $69,280Net Assets 2014: $174,3572014Assets 2015: $318,473Liabilities 2015: $112,325Net Assets 2015: $206,1482015Assets 2016: $344,618Liabilities 2016: $224,583Net Assets 2016: $120,0352016Assets 2017: $188,736Liabilities 2017: $183,979Net Assets 2017: $4,7572017Assets 2018: $276,989Liabilities 2018: $172,721Net Assets 2018: $104,2682018Assets 2019: $269,752Liabilities 2019: $94,378Net Assets 2019: $175,3742019Assets 2020: $584,988Liabilities 2020: $381,502Net Assets 2020: $203,4862020Assets 2021: $823,080Liabilities 2021: $358,462Net Assets 2021: $464,6182021Assets 2022: $1,048,716Liabilities 2022: $198,701Net Assets 2022: $850,0152022Assets 2023: $1,163,748Liabilities 2023: $275,288Net Assets 2023: $888,4602023Assets 2024: $1,071,067Liabilities 2024: $253,090Net Assets 2024: $817,9772024Assets 2025: $928,878Liabilities 2025: $109,752Net Assets 2025: $819,1262025

Highlighted filing

2015

Assets$318,473
Liabilities$112,325
Net Assets$206,148

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $693,477Expenses 2011: $837,968Net Income 2011: -$144,4912011Expenses 2012: $964,1942012Expenses 2013: $1,066,3722013Revenue 2014: $1,153,314Expenses 2014: $1,145,163Net Income 2014: $8,1512014Revenue 2015: $1,339,743Expenses 2015: $1,307,952Net Income 2015: $31,7912015Revenue 2016: $1,083,668Expenses 2016: $1,168,866Net Income 2016: -$85,1982016Revenue 2017: $1,138,504Expenses 2017: $1,156,720Net Income 2017: -$18,2162017Revenue 2018: $1,271,178Expenses 2018: $1,171,667Net Income 2018: $99,5112018Revenue 2019: $1,264,742Expenses 2019: $1,193,636Net Income 2019: $71,1062019Revenue 2020: $924,007Expenses 2020: $895,895Net Income 2020: $28,1122020Revenue 2021: $1,024,216Expenses 2021: $763,084Net Income 2021: $261,1322021Revenue 2022: $1,607,299Expenses 2022: $1,221,902Net Income 2022: $385,3972022Revenue 2023: $1,324,947Expenses 2023: $1,286,502Net Income 2023: $38,4452023Revenue 2024: $1,262,856Expenses 2024: $1,333,339Net Income 2024: -$70,4832024Revenue 2025: $1,472,751Expenses 2025: $1,471,602Net Income 2025: $1,1492025

Highlighted filing

2015

Revenue$1,339,743
Expenses$1,307,952
Net Income$31,791
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Jan 19, 2016
Return Version
2014v6.0
Gross Receipts
$1,375,454
Mission and Program Overview

Mission

Cantus engages audiences in a meaningful music experience and ensures the future of ensemble singing by mentoring young singers and educators. Cantus was founded on the ideals of collaborative music-making: artists and staff work (continued on schedule o) together to reach new levels of artistic excellence, innovation, and audience engagement. Cantus' vision is to give voice to shared human experiences.

Cantus engages audiences in a meaningful music experience and ensures the future of ensemble singing by mentoring young singers and educators. Cantus was founded on the ideals of collaborative music-making: artists and staff work together to reach new levels of artistic excellence, innovation and audience engagement. Our vision is to give voice to shared human experiences.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$44,262$118,502▲ $74,240
Inventories for Sale or Use$112,623$108,630▼ $3,993
Prepaid Expenses and Deferred Charges$47,450$43,832▼ $3,618
Cash and Non-Interest-Bearing Accounts$30,905$34,641▲ $3,736
Land, Buildings, and Equipment, Net$5,453$8,391▲ $2,938
Accounts Receivable$2,944$2,724▼ $220
Total Assets$243,637$318,473▲ $74,836
Other Assets Total-$1,753-
Liabilities
Accounts Payable and Accrued Expenses$46,064$51,249▲ $5,185
Deferred Revenue$23,216$36,076▲ $12,860
Mortgage Notes Payable Secured by Investment Property-$25,000-
Total Liabilities$69,280$112,325▲ $43,045
Net Assets / Fund Balance
Temporarily Rstr Net Assets$89,197$150,153▲ $60,956
Unrestricted Net Assets$85,160$55,995▼ $29,165
Total Net Assets Fund Balance$174,357$206,148▲ $31,791
Total Liabilities and Net Assets / Fund Balance$243,637$318,473▲ $74,836

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,391$13,928$20,319
Leasehold Improvements$2,000$50$2,050
Compensation and Service Providers

Employees

NameTitleBaseTotal
Mary LeeEx. Director$69,072$69,072

Board Members and Trustees

NameTitle
Wendy HolmesChair
Karl ReichertVice Chair
Amanda DavissonDirector
Brock MetzgerDirector
Chris FossDirector
David RanheimDirector
Doug AffinitoDirector
Jim DorseyDirector
Julie CarverDirector
Katie BergDirector
Libby LarsenDirector
Marit NowlinDirector
Martha GraberDirector
Matt TintesDirector
Patricia KirkpatrickDirector
Pete CochraneDirector
Noel MccormickSecretary
Chuck PetersonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$457,634
Program Service Revenue
$827,713
Investment Income
$-328
Other Revenue
$54,724
All Other Contributions
$205,373
Change in Net Assets
$31,791

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,339,743
Revenue Not Reported on Form 990
$57,819
Total Revenue per Audited Statements
$1,397,562
Total Revenue per Form 990
$1,339,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$692,187
Salaries, Compensation, and Employee Benefits$615,765
Total Fundraising Expense$66,596
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$358,652$14,451$6,685$379,788
Travel$171,667--$171,667
Current Officers, Directors, Trustees, and Key Employees$57,156$48,662$28,843$134,661
Other Expenses$22,739$25,964$20,327$69,030
Occupancy$54,357$9,817$3,272$67,446
All Other Expenses$49,583$1,419$473$51,475
Other Employee Benefits$36,299$5,510$3,101$44,910
Payroll Taxes$33,580$5,097$2,869$41,546
Pension Plan Contributions$12,011$1,823$1,026$14,860
Depreciation Depletion-$2,224-$2,224
Total Functional Expenses$1,126,389$114,967$66,596$1,307,952

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,365,771
Expenses per Audited Statements$1,307,952
Total Expenses per Form 990$1,307,952
Expenses Not Reported on Form 990$57,819
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$85,675
Fundraising Direct Expenses$32,883
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Cantus Idol$85,675$85,675$12,156$73,519
Total Events$85,675$85,675$32,883$52,792
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

A copy of the 990 is reviewed by the treasurer, the chair of the governance committee, and by the finance committee and forwarded to the board for final approval.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest policy is reviewed annually and all board members sign a copy at that time.

Form 990, Page 6, Part VI, Line 15A

The cantus executive committee reviews compensation for executive directors in similar organizations, both regionally and nationally, as well as organizations that show similar growth patterns. This information and the cantus budget informs the final process.

Form 990, Page 6, Part VI, Line 19

Governing documents and conflict of interest policies are available upon request.

Filing and Contact Details

Filer

Filer Name
Cantus
EIN
41-1934424
Phone
6124350046
Address
PO BOX 2379, MINNEAPOLIS, MN 55402

Signing Officer

Name
Mary Lee
Title
Executive Director
Phone
6124350046
Signed
2016-01-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Lee
Formed
1999
Legal Domicile
Mn
Voting Board Members
18
Independent Board Members
16
Employees
18

Preparer

Firm
Lethert Skwira Schultz & Co Llp
Address
170 7TH PL E STE 100, SAINT PAUL, MN 55101-2361
Preparer
Robert R Gullick CPA
Phone
6512245721
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Cantus engages audiences in a meaningful music experience and ensures the future of ensemble singing by mentoring young singers and educators. Cantus was founded on the ideals of collaborative music-making: artists and staff work together to reach new levels of artistic excellence, innovation and audience engagement. Our vision is to give voice to shared human experiences.

Form 990, Page 2, Part III, Line 4A

Rehearsals 1-2 times each month to welcome friends and fans. Educational residencies in high schools - 200 active participants. Integral to cantus' mission is the commitment to deepen the music education experience in the lives of young people. Annually, cantus selects and works with three metro high schools in yearlong residencies, coaching and guiding students in the techniques and skills of ensemble singing. This award- winning program includes multiple visits by our singers to each school, a tri-school rehearsal day and a culminating concert. In fy15 cantus worked with students at dassel-cokato high school, irondale high school and minnehaha academy. Cantus media initiative - 3 million via public broadcasting. Cantus records its home concert season and makes much of it available online and through digital and broadcast media. Cantus has released 16 cds on our own label. Cantus's latest recording, a harvest home, was released in october 2014. Touring - 50,000 annually. Demand for cantus is strong in minnesota, around the country and around the world. In the 2015-2016 season the ensemble made its first visit to south america and will appear in concert in new york, washington dc, denver and detroit. Working with the minnesota state arts board, we will be touring to smaller cities in minnesota including pequot lakes, willmar, mankato and staples.

Form 990, Part XI, Line 9

Cantus idol expenses 32,883 cantus idol expenses -32,883

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Cantus idol expenses 32,883

Schedule D, Page 4, Part XII, Line 2D

Cantus idol expenses 32,883

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IRS990/Desc0ANNUAL HOME CONCERTS - ATTENDANCE OF 7,103 IN THE LAST 12 MONTHS. CANTUS DESCRIBES OUR PROMISE TO AUDIENCES IN A RECENT POSITIONING STATEMENT AS "EXPERIENCES THAT CREATE A DIRECT RELATIONSHIP BETWEEN SINGERS AND AUDIENCES." CONCERTS USE A CENTRAL THEME AND OFTEN INCORPORATE STAGING, VIDEO OR SPOKEN WORD TO ENGAGE AUDIENCES FURTHER. CANTUS COMMISSIONS SEVERAL NEW WORKS EACH YEAR. OPEN REHEARSALS - ATTENDANCE OF 300 IN THE PAST 12 MONTHS. CANTUS HAS A TRADITION OF FOSTERING MEANINGFUL ENGAGEMENT WITH AUDIENCES BEYOND STAGED PERFORMANCES. TO FURTHER AUDIENCE RELATIONSHIPS AND UNDERSTANDING OF OUR WORK, CANTUS SCHEDULES AND WIDELY PROMOTES FREE OPEN REHEARSALS 1-2 TIMES EACH MONTH TO WELCOME FRIENDS AND FANS. EDUCATIONAL RESIDENCIES IN HIGH SCHOOLS - 200 ACTIVE PARTICIPANTS. INTEGRAL TO CANTUS' MISSION IS THE COMMITMENT TO DEEPEN THE MUSIC EDUCATION EXPERIENCE IN THE LIVES OF YOUNG PEOPLE. ANNUALLY, CANTUS SELECTS AND WORKS WITH THREE METRO HIGH SCHOOLS IN YEARLONG RESIDENCIES, COACHING AND GUIDING STUDENTS IN THE TECHNIQUES AND SKILLS OF ENSEMBLE SINGING. THIS AWARD- WINNING PROGRAM INCLUDES MULTIPLE VISITS BY OUR SINGERS TO EACH SCHOOL, A TRI-SCHOOL REHEARSAL DAY AND A CULMINATING CONCERT. IN FY15 CANTUS WORKED WITH STUDENTS AT DASSEL-COKATO HIGH SCHOOL, IRONDALE HIGH SCHOOL AND MINNEHAHA ACADEMY. CANTUS MEDIA INITIATIVE - 3 MILLION VIA PUBLIC BROADCASTING. CANTUS RECORDS ITS HOME CONCERT SEASON AND MAKES MUCH OF IT AVAILABLE ONLINE AND THROUGH DIGITAL AND BROADCAST MEDIA. CANTUS HAS RELEASED 16 CDS ON OUR OWN LABEL. CANTUS'S LATEST RECORDING, A HARVEST HOME, WAS RELEASED IN OCTOBER 2014. TOURING - 50,000 ANNUALLY. DEMAND FOR CANTUS IS STRONG IN MINNESOTA, AROUND THE COUNTRY AND AROUND THE WORLD. IN THE 2015-2016 SEASON THE ENSEMBLE MADE ITS FIRST VISIT TO SOUTH AMERICA AND WILL APPEAR IN CONCERT IN NEW YORK, WASHINGTON DC, DENVER AND DETROIT. WORKING WITH THE MINNESOTA STATE ARTS BOARD, WE WILL BE TOURING TO SMALLER CITIES IN MINNESOTA INCLUDING PEQUOT LAKES, WILLMAR, MANKATO AND STAPLES.
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.93$0.11$0.82$1.47$1.47$0.00
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.25$0.82$1.26$1.33$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.16$0.28$0.89$1.32$1.29$0.04
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.20$0.85$1.61$1.22$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.36$0.46$1.02$0.76$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.58$0.38$0.20$0.92$0.90$0.03
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.27$0.09$0.18$1.26$1.19$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.28$0.17$0.10$1.27$1.17$0.10
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.19$0.18$0.00$1.14$1.16$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.34$0.22$0.12$1.08$1.17$0.09
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.11$0.21$1.34$1.31$0.03
2014Detailed filing. Detailed filing data is available for this year.$0.24$0.07$0.17$1.15$1.15$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.21$0.05$0.17$1.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.20$0.04$0.16$0.96
2011Summary only. Only limited summary data is available for this year.$0.19$0.06$0.13$0.69$0.84$0.14
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • $1M-$5M nonprofits