AArts, Culture & HumanitiesEIN: 411363849· Ruling Year: 1979

Vocalessence

Minneapolis, Minnesota

B+Health Score
65B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.89×
Peer Median210.95×
💰
$1.8M
Total Revenue
📊
$2.2M
Total Expenses
🏦
$8.5M
Net Assets
📋
$84K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.5%
Year-over-year change (2023 → 2024)
Net Margin
-20.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.89
Net assets divided by total expenses
Liabilities-to-Assets
1.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2024$1,819,28419%$2,189,9155%$8,601,7815%
2023$2,258,65912%$2,094,9204%$8,221,81711%
2022$2,557,41426%$2,021,36114%$7,433,65810%
2021$3,477,31080%$1,778,6499%$8,226,99935%
2020$1,927,5619%$1,949,56113%$6,084,1168%
2019$2,124,15020%$2,251,93216%$5,655,642
2018$2,660,22017%$1,940,64114%$5,670,47812%
2017$2,271,23237%$1,695,84010%$5,055,07521%
2016$1,660,07023%$1,884,1236%$4,191,9168%
2015$2,161,3336%$2,013,49629%$4,566,8864%
2014$2,045,48533%$1,560,0142%$4,765,00222%
2013$1,538,56911%$1,531,98714%$3,920,5226%
2012$1,721,252$1,783,995$3,691,928

Frequently Asked Questions

What does Vocalessence do?

Vocalessence is a arts, culture & humanities nonprofit organization based in Minnesota. It is classified under NTEE code A680 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Vocalessence financially healthy?

Based on our 9-metric Financial Health Score model, Vocalessence has a score of 65/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Vocalessence generate?

Vocalessence reports $2.0M in annual revenue and holds $8.7M in total assets, based on IRS filings.

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