American Cello Institute Inc

Nonprofit profile at a glance

EIN
463766386
IRS 990 coverage
2017–2024
Forms available
Form 990 2024, Form 990-EZ 2018, Form 990-N 2015
Location
Bloomington, IN, USA
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Music

Official website

Reported finances

Revenue
$1,055,645
Expenses
$264,486
Assets
$1,669,068
Liabilities
$7,323

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

Leadership & pay

12 people listed

Executive titles in this filing

  • EMILIO COLON (PRESIDENT)

Highest reported compensation

  • EMILIO COLON (PRESIDENT): $41,911 total reported compensation

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

Overview

Mission

Promote awareness of the performance & study of the cello and then violin, viola, bass & piano both in the us and abroad. Collaberate internationally as a focal point for the music of the cello and all instruments among muscicians, scholars, researchers & public.

What it reported doing in 2024

The organization has presented the international chamber orchestra of puerto rico festivals (icopr) since 2016 to interculturally promote peace, unity, and brotherhood amongst nations through music, to make music at the highest artistic level and to culturally enrich underserved communities throughout puerto rico and the world. Since icoprs inception it has reached a television audience of over 5,000,000 viewers annually; hosted 43,366 attendees; and provided over 300 concerts, masterclasses and educational events throughout puerto rico and 238 young artist fellowships. Through creatively modern performance formats conducive to cultivating new audiences, icopr collaborates with communities, municipalities, and arts organizations to form engaging educational experiences promoting free access to the arts for children and communities through the island. Icopr incorporates young artists to nurture their formation, to attract cultural tourism and to internationally promote puerto rico to the world through the highest level of artistry and culture.

Operating model

Revenue model
Donor-supported. 86% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 48
  • Transparency & Controls: 86
  • Accountability: 64
  • Sustainability: 83
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 27.3%; rating input score 27
  • Program expense ratio: 98.6%; rating input score 99
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.3%; rating input score 92; 16th 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: 83.3%; rating input score 83; 19th percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 74.9%; rating input score 97; 97th percentile among comparable filings
  • Total-asset coverage ratio: 6.31; rating input score 88; 88th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 74; 74th percentile among comparable filings
  • Officer compensation ratio: 15.8%; rating input score 21; 21st percentile among comparable filings

Growth

  • Program expense growth: 0.9% per year; rating input score 100; 21st percentile among comparable filings
  • Revenue growth: 18.2% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: 26.8% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 27.3% of revenue deployed · 98.6% of spending went to programs
  • Governance: 10 of 12 board members independent · 3 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $261K in reported program spending
  • Leadership: top reported pay $42K · 12 people listed
  • Consistency: 19 of 20 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Filing history: 6 filing years from 2017 to 2024
  • 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 — Financial Efficiency: Mission deployment rate scored 27/100.
  • Moderate — Accountability: Governance controls: 5 of 8 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 21/100.