Civic Intelligence

Minnesota Music Teachers Association Foundation

990EZ • Fiscal year 2017 • EIN 81-0635967

Aug 01, 2016 to Jul 31, 2017 • Filed on Nov 15, 2017

10800 Lyndale Ave SoBloomington, MN 55420

(952) 345-0629

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

15th percentile

-22%

Higher net margin than 15% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

52nd percentile

3.2%

Faster asset growth than 52% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

23rd percentile

-21%

Faster revenue growth than 23% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$380,152

Up $11,747 (+3.2%) from 2016

Net Assets

Up

$380,152

Up $13,817 (+3.8%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$22,422

Down $5,914 (-21%) from 2016

Expenses

Down

$27,321

Down $6,899 (-20%) from 2016

Net Income

Up

-$4,899

Up $985 (+17%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $348,965Liabilities 2011: $0Net Assets 2011: $348,9652011Assets 2012: $335,177Net Assets 2012: $335,1772012Assets 2013: $371,886Net Assets 2013: $371,8862013Assets 2014: $390,163Liabilities 2014: $1,606Net Assets 2014: $388,5572014Assets 2015: $379,084Liabilities 2015: $1,261Net Assets 2015: $377,8232015Assets 2016: $368,405Liabilities 2016: $2,070Net Assets 2016: $366,3352016Assets 2017: $380,152Net Assets 2017: $380,1522017Assets 2018: $389,672Liabilities 2018: $0Net Assets 2018: $389,6722018Assets 2019: $379,698Liabilities 2019: $0Net Assets 2019: $379,6982019Assets 2020: $401,264Liabilities 2020: $0Net Assets 2020: $401,2642020Assets 2021: $460,166Liabilities 2021: $12Net Assets 2021: $460,1542021Assets 2023: $402,465Net Assets 2023: $402,4652023Assets 2024: $431,954Net Assets 2024: $431,9542024Assets 2025: $455,689Net Assets 2025: $455,6892025

Highlighted filing

2017

Assets$380,152
Liabilities-
Net Assets$380,152

Operations Trend

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

$100K$50K$0-$50KExpenses 2011: $22,6082011Revenue 2012: $20,649Expenses 2012: $23,418Net Income 2012: -$2,7692012Revenue 2013: $16,040Expenses 2013: $24,296Net Income 2013: -$8,2562013Revenue 2014: $23,442Expenses 2014: $27,134Net Income 2014: -$3,6922014Revenue 2015: $23,971Expenses 2015: $25,785Net Income 2015: -$1,8142015Revenue 2016: $28,336Expenses 2016: $34,220Net Income 2016: -$5,8842016Revenue 2017: $22,422Expenses 2017: $27,321Net Income 2017: -$4,8992017Revenue 2018: $55,593Expenses 2018: $32,145Net Income 2018: $23,4482018Revenue 2019: $21,224Expenses 2019: $37,819Net Income 2019: -$16,5952019Revenue 2020: $29,060Expenses 2020: $11,857Net Income 2020: $17,2032020Revenue 2021: $19,183Expenses 2021: $18,565Net Income 2021: $6182021Revenue 2023: $15,274Expenses 2023: $40,402Net Income 2023: -$25,1282023Revenue 2024: $14,531Expenses 2024: $30,994Net Income 2024: -$16,4632024Revenue 2025: $17,220Expenses 2025: $39,610Net Income 2025: -$22,3902025

Highlighted filing

2017

Revenue$22,422
Expenses$27,321
Net Income-$4,899
Jump To
Filing Snapshot
Filing Period
Aug 1, 2016 to Jul 31, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$22,422
Mission and Program Overview

Mission

Primary exempt purpose is to improve the quality of music education in Minnesota by supporting the educational and charitable objectives of Minnesota Music Teachers Association (MMTA).

Program Services

DescriptionGrantsExpenses
Grants were awarded to individuals, music associations, and our supported organization, Minnesota Music Teachers Association (MMTA). MMTA used our grant funds to award grants to students with scores of highest distinction in educational exams in piano, voice, and music theory; to young artists contest winners; to composition contest winners; and in travel grants to state and division levels of Music Teachers National Association performance competitions.$20,200$20,200
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Judy ShermanPresident-$0--
Caroline LangfeldVice President-$0--
Emily IrelandSecretary-$0--
Carol MarchTreasurer-$0--
Suzanne GreerDirector-$0--
Kay HawkinsDirector-$0--
Sue RubyDirector-$0--
Kali SchwartzDirector-$0--
Linda SeimeDirector-$0--
Filing and Contact Details

Filer

Filer Name
Minnesota Music Teachers
EIN
81-0635967
Phone
9523450629
Address
10800 Lyndale Ave So, Bloomington, MN 55420

Signing Officer

Name
Carol March
Title
Treasurer
Signed
2017-11-15
Discuss with paid preparer
Yes

Preparer

Firm
E T Kelly & Associates LLC
Address
5001 American Blvd W Suite 699, Bloomington, MN 55437
Preparer
Nancy Marian
Phone
9525489150
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.2

| Donee's Name: MMTA Grants | Cash Amount Given: $17700

Other Expenses.2

Spring Fundraising Event $624

Other Expenses.4

Booking Services $336

Other Expenses.5

Decor $148

Other Expenses.6

Licenses & Permits $25

Other Assets.1005

Accounts Receivable - Beginning $258 Accounts Receivable - Ending $258

Total Liabilities.1001

Accounts Payable and Accrued Expenses - Beginning $2070 Accounts Payable and Accrued Expenses - Ending $0

Raw XML Appendix182 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleA/SupportedOrganizationsTotalCnt01
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IRS990ScheduleA/SupportingOrganization509a3Ind0X
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: MMTA Grants | Cash Amount Given: $17700
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Spring Fundraising Event $624
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Booking Services $336
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Decor $148
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Accounts Receivable - Beginning $258 Accounts Receivable - Ending $258
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ReturnHeader/BuildTS02018-03-14 21:41:22Z
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ReturnHeader/Filer/PhoneNum09523450629
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd055437
ReturnHeader/PreparerPersonGrp/PhoneNum09525489150
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Nancy Marian
ReturnHeader/ReturnTs02017-11-20T08:55:03-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-08-01
ReturnHeader/TaxPeriodEndDt02017-07-31
ReturnHeader/TaxYr02016

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.$4.56$4.56$0.17$0.40$0.22
2024Detailed filing. Detailed filing data is available for this year.$4.32$4.32$0.15$0.31$0.16
2023Detailed filing. Detailed filing data is available for this year.$4.02$4.02$0.15$0.40$0.25
2021Detailed filing. Detailed filing data is available for this year.$4.60$0.00$4.60$0.19$0.19$0.01
2020Detailed filing. Detailed filing data is available for this year.$4.01$0.00$4.01$0.29$0.12$0.17
2019Detailed filing. Detailed filing data is available for this year.$3.80$0.00$3.80$0.21$0.38$0.17
2018Detailed filing. Detailed filing data is available for this year.$3.90$0.00$3.90$0.56$0.32$0.23
2017Detailed filing. Detailed filing data is available for this year.$3.80$3.80$0.22$0.27$0.05
2016Detailed filing. Detailed filing data is available for this year.$3.68$0.02$3.66$0.28$0.34$0.06
2015Detailed filing. Detailed filing data is available for this year.$3.79$0.01$3.78$0.24$0.26$0.02
2014Detailed filing. Detailed filing data is available for this year.$3.90$0.02$3.89$0.23$0.27$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.72$3.72$0.16$0.24$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.35$3.35$0.21$0.23$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.49$0.00$3.49$0.23