American Society of Musical Excellence

Nonprofit profile at a glance

EIN
871694554
IRS 990-EZ coverage
2022–2025
Forms available
Form 990-EZ 2025, Form 990-N 2021
Location
Richmond, VA, USA
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Human Service Organizations

Reported finances

Revenue
$83,140
Expenses
$77,403
Assets
$7,738

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

1 person listed

People named in this filing

  • Hao Feng (Manager)

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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

American Society of Musical Excellence ASME is a platform designed to connect talented musicians and music learners with professionals locally all over the US and the world through music activities academic programs and career development preparations. ASME is dedicated to supporting students who cannot afford music studies with opportunities to access music while providing students teachers and musicians with music resources.

What it reported doing in 2025

2024-2025 American Virtuoso International Music Competition 149 people participated. AVIMC extends its arms to welcome vocalists and instrumentalists including pianists string instruments wind and brass instruments as well as vocalists and chamber music players from around the world. Our competition is a celebration of diversity transcending borders and embracing talents of any nationality. AVIMC places immense value on performers who bring forth a compelling artistic vision and an enchanting stage presence recognizing that these qualities are often the hallmarks of future musical luminaries.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.1%; rating input score 73
  • Program expense ratio: 78.5%; rating input score 78

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 6.9%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 35.5%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 43.2% per year; rating input score 100; 91st percentile among comparable filings
  • Revenue growth: 12.2% per year; rating input score 100; 83rd percentile among comparable filings
  • Asset growth: -19% per year; rating input score 0; 11th percentile among comparable filings

Details

  • Where the money goes: 73.1% of revenue deployed · 78.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $61K in reported program spending
  • Leadership: top reported pay $0 · 1 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 4 filing years from 2022 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 — Sustainability: Total-asset coverage ratio scored 13/100.
  • Review — Sustainability: Operating margin scored 56/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.