Northern Lights Music Festival

EIN 56-2527875 • 501(c)3 • Gilbert, MN

Profile

Great music, theatre and opera on the iron range in historic aurora, minnesota.

PO Box 147Gilbert, MN 55741

northernlightsmusic.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

0.73x

Higher debt load relative to assets than 91% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

0.49x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

-11%

Higher net margin than 29% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

13%

Faster asset growth than 71% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

-5.0%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet

Liabilities / Assets91st percentile

Assets

$285,663

Up $33,937 (+13%) from 2023

Liabilities

$208,850

Up $81,897 (+65%) from 2023

Net Assets

Down

$76,813

Down $47,960 (-38%) from 2023

Operations

Liabilities / Revenue92nd percentile Net Margin29th percentile

Revenue

Down

$427,392

Down $22,371 (-5.0%) from 2023

Expenses

$475,352

Up $4,884 (+1.0%) from 2023

Net Income

Down

-$47,960

Down $27,255 (-132%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth71st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2024

Assets$285,663

Liabilities$208,850

Net Assets$76,813

Open 2024 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2024

Revenue$427,392

Expenses$475,352

Net Income-$47,960

Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $285,663
Liabilities: $208,850
Net assets: $76,813
Revenue: $427,392
Expenses: $475,352
Net income: -$47,960

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.86	$2.09	$0.77	$4.27	$4.75	$0.48
2023Detailed filing. Detailed filing data is available for this year.	$2.52	$1.27	$1.25	$4.50	$4.70	$0.21
2022Detailed filing. Detailed filing data is available for this year.	$2.16	$0.71	$1.45	$4.32	$4.10	$0.21
2021Detailed filing. Detailed filing data is available for this year.	$2.29	$1.05	$1.24	$3.90	$3.89	$0.02
2020Detailed filing. Detailed filing data is available for this year.	$2.26	$1.04	$1.23	$4.27	$3.50	$0.77
2019Detailed filing. Detailed filing data is available for this year.	$1.46	$1.00	$0.46	$3.64	$3.03	$0.61
2018Detailed filing. Detailed filing data is available for this year.	$0.07	$0.21	$0.15	$3.01	$2.84	$0.17
2017Detailed filing. Detailed filing data is available for this year.	$0.40	$0.72	$0.31	$3.65	$3.76	$0.12
2016Detailed filing. Detailed filing data is available for this year.	$0.08	$0.27	$0.20	$3.79	$3.53	$0.26
2015Detailed filing. Detailed filing data is available for this year.	$0.12	$0.57	$0.45	$3.75	$3.85	$0.10
2014Summary only. Only limited summary data is available for this year.	$0.10	$0.46	$0.35	$3.15	$3.34	$0.19
2013Summary only. Only limited summary data is available for this year.	$0.21	$0.31	$0.11	$2.35	$2.42	$0.07
2012Summary only. Only limited summary data is available for this year.	$0.10	$0.14		$1.95	$1.96	$0.01
2011Summary only. Only limited summary data is available for this year.	$0.00	$0.03		$1.26	$1.30	$0.04