Twin Cities Gay Mens Chorus
- Assets
- $488.3k
- Revenue
- $478.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Minneapolis, MN
- Founding
- 06/1983
- Data as of
- 07/2021
- EIN
- 41-1428329
Organization Overview
Twin Cities Gay Mens Chorus is located in Minneapolis, MN. The organization was established in 1983. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2021, Twin Cities Gay Mens Chorus employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin Cities Gay Mens Chorus is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2021, Twin Cities Gay Mens Chorus generated $478.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $274.9k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (13.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
GAY MEN BUILDING COMMUNITY THROUGH MUSIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O FOR DESCRIPTION OF PROGRAM SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Azbill-Salisbury Chair | Officer | 5 | $0 |
Chuck Hueber Membership President | Officer | 5 | $0 |
Phil Boelter Treasurer | Officer | 5 | $0 |
Dion Grace Membership VP | Officer | 5 | $0 |
Kenny Beck Vice Chair | Officer | 5 | $0 |
Steffie Fiore Secretary | Officer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $25,408 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $170,192 |
| All other contributions, gifts, grants, and similar amounts not included above | $216,700 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $412,300 |
| Total Program Service Revenue | $27,023 |
| Investment income | $588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $38,616 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $478,527 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,096 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,830 |
| Payroll taxes | $10,478 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $680 |
| Fees for services: Accounting | $14,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,807 |
| Advertising and promotion | $15,174 |
| Office expenses | $12,509 |
| Information technology | $5,428 |
| Royalties | $0 |
| Occupancy | $13,837 |
| Travel | $119 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,404 |
| All other expenses | $915 |
| Total functional expenses | $274,892 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $344,943 |
| Savings and temporary cash investments | $109,450 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $30,647 |
| Net Land, buildings, and equipment | $1,999 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $488,339 |
| Accounts payable and accrued expenses | $17,006 |
| Grants payable | $0 |
| Deferred revenue | $12,531 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $46,600 |
| Other liabilities | $0 |
| Total liabilities | $76,137 |
| Net assets without donor restrictions | $365,182 |
| Net assets with donor restrictions | $47,020 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $488,339 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Twin Cities Gay Mens Chorus has recieved totaling $92,960.
| Awarding Organization | Amount |
|---|---|
Braun Foundation Golden Valley, MN PURPOSE: CHARITABLE - GENERAL FUND | $41,000 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $15,400 |
Soener Foundation Omaha, NE PURPOSE: CHARITABLE | $8,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,797 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $5,100 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: ARTS AND CULTURE GRANT | $5,000 |
Endowment Analysis
| Beg. Balance | $36,769 |
| Net Contributions | $120 |
| Ending Balance | $36,889 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cantus Minneapolis, MN | $1,048,716 | $1,607,299 |
Minnesota Boychoir St Paul, MN | $225,135 | $439,924 |
National Lutheran Choir Corporation St Paul, MN | $568,277 | $658,854 |
Honors Choirs Of Southeast Minnesota Rochester, MN | $268,646 | $509,429 |
Minnesota Chorale Minneapolis, MN | $110,507 | $452,546 |
Rochester Symphony Orchestra & Chorale Rochester, MN | $425,812 | $640,366 |
Iowa Choral Directors Association Inc Washington, IA | $239,273 | $200,545 |
Madison Youth Choirs Inc Madison, WI | $799,976 | $565,283 |
One Voice Mixed Chorus St Paul, MN | $778,433 | $289,696 |
Twin Cities Gay Mens Chorus Minneapolis, MN | $488,339 | $478,527 |
Milwaukee Childrens Choir Inc Milwaukee, WI | $152,051 | $167,727 |
Heartland Youth Choir Des Moines, IA | $113,273 | $247,611 |