20Th Century Consort Inc

Nonprofit profile at a glance

EIN
521036575
IRS 990-EZ coverage
2013–2024
Forms available
Form 990-EZ 2024
Location
Sterling, VA, USA
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Reported finances

Revenue
$157,651
Expenses
$152,051
Assets
$63,749

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

25 people listed

Executive titles in this filing

  • Michael Hamilton (President)
  • Louise Seirmarco Yale (Vice President)

People named in this filing

  • Michael Hamilton (President)
  • Louise Seirmarco Yale (Vice President)
  • Alyce Rideout (Board Member)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the 21st Century Consort is to present outstanding live performances of important new chamber music to dedicated and engaged audiences in the Washington D.C. region; to curate programs related to the exhibitions and collection of its resident home the Hirshhorn Museum; to engage in educational activities that enrich the public understanding of contemporary music and that encourage its creation by young people; to commission works from emerging and established American composers; and to create a public recorded audio and video archive of every concert.

What it reported doing in 2024

The organization holds concerts of 20th and 21st Century music along with additional educational activities that are offered free and open to the public.

Operating model

Revenue model
Donor-supported. 90% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 100
  • Sustainability: 31
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.1%; rating input score 84
  • Program expense ratio: 87.2%; rating input score 87

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 3.6%; rating input score 44; 44th percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 33; 33rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 35.9%; rating input score 9; 9th percentile among comparable filings

Growth

  • Program expense growth: 5.5% per year; rating input score 100; 49th percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 50th percentile among comparable filings
  • Asset growth: -0.4% per year; rating input score 0; 26th percentile among comparable filings

Details

  • Where the money goes: 84.1% of revenue deployed · 87.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $133K in reported program spending
  • Leadership: top reported pay $0 · 25 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2013 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 44/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 33/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 9/100.