Bourbon Baroque Inc
Nonprofit profile at a glance
- EIN
- 262689413
- IRS 990-EZ coverage
- 2018–2021
- Forms available
- Form 990 2014, Form 990-EZ 2021, Form 990-N 2020
- Location
- Louisville, KY, USA
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $126,261
- Expenses
- $134,356
- Assets
- $6,285
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- JOHN A CLARK (CEO)
People named in this filing
- JOHN A CLARK (CEO)
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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Not-for-profit performing arts group
What it reported doing in 2021
Perform a complete concert series including collaborations with a variety of not-for-profit performing arts groups; including educational workshops and house concerts
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 96
- Transparency & Controls: 82
- Sustainability: 25
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98.3%; rating input score 98
- Program expense ratio: 92.4%; rating input score 92
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -6.4%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 5; 5th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 79; 79th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 38.9% per year; rating input score 100; 87th percentile among comparable filings
- Revenue growth: 10.7% per year; rating input score 100; 71st percentile among comparable filings
- Asset growth: 14.9% per year; rating input score 100; 66th percentile among comparable filings
Details
- Where the money goes: 98.3% of revenue deployed · 92.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $124K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2018 to 2021
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 15/100.
- High — Sustainability: Total-asset coverage ratio scored 5/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.