Aco Us Inc

Nonprofit profile at a glance

EIN
474949535
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024
Location
New York, NY, USA
Phone
2128833881
Rating
93
Verdict
STRONG
Rating confidence
Moderate
Sector
Fund Raising and/or Fund Distribution

Reported finances

Revenue
$38,921
Expenses
$166,725
Assets
$69,443
Liabilities
$0

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

Leadership & pay

12 people listed

People named in this filing

  • PATRICK LOFTUS-HILLS (DIRECTOR & CO-CHAIR)
  • SALLY PHILLIPS PARIDIS (DIRECTOR & CO-CHAIR)
  • STEVE PARIDIS (DIRECTOR & TREASURER)

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

To encourage the appreciation and enjoyment of classical music and the arts, in a variety of ways, including by supporting the artistic, and charitable activities of the australian chamber orchestra (aco) and by providing opportunities for the american public to experience, and engage with, the aco during its regular tours in the united states.

What it reported doing in 2024

The aco returned to New York in april and october 2024. In april, richard tognetti and a quartet from the orchestra performed five concerts as part of a week-long residency at caf carlyle. Aco us collaborated with sydney dance to host a breakfast with the american australian association (aaa).in october, the aco presented the ottoman four seasons program with joseph and james tawadros at the following cities: friday, 11 october 7.30pm rohnert park ca, sonoma state university - green music center sunday, 13 october 7.00pm carmel in, the center for the performing arts - the palladium wednesday, 16 october tbd stowe vt, spruce peak performing arts center thursday, 17 october tbd storrs ct, jorgensen center for the performing artsfriday, 18 october 8.00pm boston ma, jordan hall celebrity series sunday, 20 october 2.00pm New York ny, 92ny - kaufmann concert halltuesday, 22 october 7.30pm troy ny, troy saving bank music aco us continues to raise funds and awareness for the aco's north american presence. The next tour is planned for april 2026.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 99% of its reported program spending out as grants.

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 revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 97
  • Transparency & Controls: 100
  • Sustainability: 24
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 91.1%; rating input score 91

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: -328.4%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.42; rating input score 26; 26th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 3.7% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: -0.9% per year; rating input score 0; 47th percentile among comparable filings
  • Asset growth: 0% per year; rating input score 100; 39th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 91.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $152K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • 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.

  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 26/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.