Bountiful Philharmonia
Nonprofit profile at a glance
- EIN
- 934858506
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2023
- Location
- Bountiful, UT, USA
- Phone
- 8014991042
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $30,660
- Expenses
- $7,946
- Assets
- $21,909
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
People named in this filing
- SARA JANE NICHOLSON (CHAIR)
- STEVEN FARR (VICE CHAIR)
- JOHN MARGETTS (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
The organization's mission is to educate, entertain, and inspire.
What it reported doing in 2024
In 2024, the bountiful philharmonia performed seven free concerts in the city of bountiful. The total estimated audience members in 2024 were over 3,000. We continue to provide professional music support to local student musicians, such as our side-by-side concert with the davis youth symphony. Our annual childrens concert is always a very popular event and enjoyed by audience members of all ages and abilities. Members of the group shared their instruments in a hands-on instrument petting zoo for the children at that event. The star wars concert in the park event from the summer of 2024 brought in our largest audience ever, over 1,000 members of the community, including storm troopers, wookiees and darth vader. Local musicians are chosen to perform with bountiful philharmonia based on their performance qualifications. These musicians donate many hours of practice, rehearsal, and performance time each year.
Operating model
- Revenue model
- Donor-supported. 99% 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 revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 49
- Transparency & Controls: 100
- Sustainability: 73
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 23.7%; rating input score 24
- Program expense ratio: 90.6%; 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: 74.1%; rating input score 96; 96th percentile among comparable filings
- Total-asset coverage ratio: 2.76; rating input score 73; 73rd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 23.7% of revenue deployed · 90.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $7K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.