Blue Candlelight Music Series
Nonprofit profile at a glance
- EIN
- 841668711
- IRS 990-EZ coverage
- 2022–2025
- Official website data refreshed
- Jul 2026
- Forms available
- Form 990-EZ 2025, Form 990-N 2021
- Location
- Dallas, TX, USA
- Phone
- 4699645939
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $77,576
- Expenses
- $68,796
- Assets
- $152,430
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- Zarina Eleeva (President)
- Dale Facey (Vice President)
People named in this filing
- Zarina Eleeva (President)
- Dale Facey (Vice President)
- Daredjan Kakouberi (Artistic Director)
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
To enrich the cultural fabric of Dallas by presenting performances by world class musicians in the intimate surroundings of an elegant private home, allowing audiences to experience classical music and close contact with musicians, recreating the atmosphere in which chamber music masterpieces were originally performed.
What it reported doing in 2025
7 concerts per year in a private home with average attendance of 60
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 50
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.2%; rating input score 90
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 11.3%; rating input score 62; 62nd percentile among comparable filings
- Total-asset coverage ratio: 2.22; rating input score 68; 68th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 7.3%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: -2.6% per year; rating input score 0; 41st percentile among comparable filings
- Revenue growth: -3% per year; rating input score 0; 39th percentile among comparable filings
- Asset growth: 12.7% per year; rating input score 100; 75th percentile among comparable filings
Details
- What they do: 2 programs and campaigns described on the official site
- Where the money goes: 90.2% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $69K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 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 — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 11/100.