Lutheran Music Program
- Assets
- $2.9m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 5
- Location
- Minneapolis, MN
- Founding
- 12/1981
- Data as of
- 09/2022
- EIN
- 47-0638445
Organization Overview
Lutheran Music Program is located in Minneapolis, MN. The organization was established in 1981. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 09/2022, Lutheran Music Program employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lutheran Music Program 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 09/2022, Lutheran Music Program generated $1.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $1.1m during the year ending 09/2022. While expenses have increased by 2.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
LUTHERAN MUSIC PROGRAM TRANSFORMS LIVES AND CONNECTS PEOPLE THROUGH FAITH AND MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LUTHERAN MUSIC PROGRAM OPERATES LUTHERAN SUMMER MUSIC, THE NATIONAL LUTHERAN HIGH SCHOOL MUSIC CAMP. LUTHERAN SUMMER MUSIC (LSM) IS THE NATION'S PREMIERE FAITH-BASED MUSIC ACADEMY FOR HIGH SCHOOL STUDENTS. IN ADDITION TO ADVANCED MUSICAL INSTRUCTION AND NUMEROUS PERFORMANCE OPPORTUNITIES, LSM STUDENTS FORM AN INTENTIONAL COMMUNITY, LIVING TOGETHER FOR FOUR WEEKS ON A LUTHERAN COLLEGE CAMPUS. SINCE 1981, THIS UNIQUE AND IMMERSIVE PROGRAM HAS GUIDED THE LIVES OF YOUNG MUSICIANS, WHO CREDIT LSM AS THE STARTING PLACE FOR THEIR FUTURE CAREERS AND VOCATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Bandar Executive Director | Officer | 40 | $96,641 |
Brian Becker Board Chair | OfficerTrustee | 5 | $0 |
Dr David E Krause Past Chair | OfficerTrustee | 1 | $0 |
Dr Michael Dorner Treasurer | OfficerTrustee | 2 | $0 |
Jane Wilke Secretary | OfficerTrustee | 1 | $0 |
Karin Swenson-Moore Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,490,220 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,490,220 |
| Total Program Service Revenue | $263,109 |
| Investment income | $10,604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,763,933 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $90,025 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $125,000 |
| Compensation of current officers, directors, key employees. | $22,105 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $120,146 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $31,613 |
| Payroll taxes | $18,154 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,480 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $58,575 |
| Advertising and promotion | $0 |
| Office expenses | $20,374 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,883 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $734 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,193 |
| Insurance | $6,618 |
| All other expenses | $74,739 |
| Total functional expenses | $1,101,309 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $369,817 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $193,796 |
| Accounts receivable, net | $0 |
| 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 | $3,476 |
| Net Land, buildings, and equipment | $1,482 |
| Investments—publicly traded securities | $2,292,614 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $59,424 |
| Total assets | $2,920,609 |
| Accounts payable and accrued expenses | $16,741 |
| Grants payable | $0 |
| Deferred revenue | $3,211 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $19,952 |
| Net assets without donor restrictions | $218,930 |
| Net assets with donor restrictions | $2,681,727 |
| 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 | $2,920,609 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Lutheran Music Program has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Eljay Foundation Minneapolis, MN PURPOSE: PROGRAM SUPPORT | $20,000 |
Endowment Analysis
| Beg. Balance | $2,271,386 |
| Earnings | -$391,242 |
| Net Contributions | $572,470 |
| Other Expense | $160,000 |
| Ending Balance | $2,292,614 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Schubert Club St Paul, MN | $22,801,473 | $4,063,918 |
Minnetonka Youth Hockey Association Minnetonka, MN | $11,192,985 | $2,520,815 |
Vocalessence Minneapolis, MN | $7,433,658 | $2,557,414 |
Osseo-Maple Grove Youth Hockey Association Osseo, MN | $2,211,214 | $2,250,377 |
American Composers Forum St Paul, MN | $9,023,516 | $1,393,403 |
Lutheran Music Program Minneapolis, MN | $2,920,609 | $1,763,933 |
Saturday In The Park Inc Sioux City, IA | $111,911 | $911,266 |
Birch Creek Music Performance Center Inc Egg Harbor, WI | $4,670,702 | $1,564,605 |
Quad City Symphony Tr Davenport, IA | $15,204,035 | $748,751 |
Shellabration Inc Fort Dodge, IA | $122,265 | $523,549 |
Lakes Area Music Festival Brainerd, MN | $288,539 | $699,532 |
Civic Music Association Des Moines, IA | $1,903,874 | $722,778 |