Joye in Aiken
Legal name: Aiken Music Festival
Nonprofit profile at a glance
- EIN
- 262892095
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025, Form 990-EZ 2009
- Location
- Aiken, SC, USA
- Phone
- 8032708910
- Rating
- 70
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $459,719
- Expenses
- $364,447
- Assets
- $171,397
- Liabilities
- $1,877
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- ERIC BOETSCH (PRESIDENT)
Highest reported compensation
- MARY FRAN COOK (EXECUTIVE DI): $60,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A nonprofit organization dedicated to making the very best in the performing arts available to our citizens, especially our students.
What it reported doing in 2025
Music festivals featuring joye in aiken's most talented students, faculty and alumni designed to attract a large cross-section of residents by offering discounted ticket prices and offering a benefit concert for donors.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. Some filing-based governance responses are negative or unanswered and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 92
- Accountability: 64
- Sustainability: 48
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 59.6%; rating input score 60
- Program expense ratio: 75%; rating input score 75
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 1 of 7 controls in place; rating input score 14
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 20.7%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 39; 39th percentile among comparable filings
- Officer compensation ratio: 16.5%; rating input score 21; 21st percentile among comparable filings
Growth
- Program expense growth: 0.6% per year; rating input score 100; 31st percentile among comparable filings
- Revenue growth: 2.9% per year; rating input score 100; 36th percentile among comparable filings
- Asset growth: -0.8% per year; rating input score 0; 19th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 59.6% of revenue deployed · 75% of spending went to programs
- Governance: 18 of 18 board members independent · 1 of 7 filing controls reported
- Programs: 2 filed program accomplishments · $273K in reported program spending
- Leadership: top reported pay $60K · 22 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 16 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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 — Accountability: Governance controls: 5 of 6 not reported.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 39/100.