CSCharityScored
48

Lutheran Music Program

Other · Minneapolis, Minnesota

121 Hennepin Ave, Minneapolis, MN 55401-1802

EIN: 470638445· Founded: Dec 1981· 45 years active· Filing Year: 2024

Annual Revenue

$2.8M

Total Expenses

$1.5M

Total Assets

$4.8M

Program Spending

24%

of expenses go to programs

Compensation & Payroll

Total Officer Compensation

$126K

8.3% of total expenses

All officers, directors, and key employees combined

Other Salaries & Wages

$217K

Total Payroll

$344K

22% of total expenses

Where the Money Goes

24%
Programs: 24%
Payroll: 22%
Other overhead: 76%
Program Revenue$366K (13%)
Total Expenses$1.5M (55%)
Payroll$344K (22%)
Overhead (non-program)76%

Trust Score Breakdown

Program Spending Ratio

24% of expenses go to programs

40%

Revenue & Stability

$2.8M annual revenue

15%

Executive Compensation

$126K total officer comp (8.3% of expenses)

20%

Filing Recency

Most recent filing: 2024

15%

Asset Strength

$4.8M in assets

10%

Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.