Broomfield Civic Orchestra Dba Broomfield Symphony Orchestra
Nonprofit profile at a glance
- EIN
- 742448039
- IRS 990-EZ coverage
- 2015–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2014
- Location
- Broomfield, CO, USA
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $52,902
- Expenses
- $53,617
- Assets
- $69,266
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
8 people listed
Executive titles in this filing
- ERIC BERGSTROM (President)
People named in this filing
- ERIC BERGSTROM (President)
- DENISE SCHOENGOLD (VP/Secretary)
- LAURA BOLINGER (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide residents of the Broomfield area with the opportunity to participate in and enjoy performances of orchestral music, and to enrich the cultural life of Broomfield. As a self-governed, independent organization, the orchestra continues to prosper through the dedication of its volunteer musicians and patrons.
What it reported doing in 2024
To provide residents of the Broomfield area with the opportunity to participate in and enjoy performances of orchestral music, and to enrich the cultural life of Broomfield. As a self-governed, independent organization, the orchestra continues to prosper through the dedication of its volunteer musicians and patrons.During fiscal 2024/2025, the Orchestra presented five concerts with an average of 58 volunteer community musicians and 9 volunteer hosts, to over 1500 patrons from 8 Colorado counties and across the country. Attendance included: October 2024: 236 December 2024: 560 February 2025: 280 April 2025: 277 May 2025: 177The May 2025 concert hosted the Young Artist Competition, featuring one winner from the Middle School Division and one winner from the High School Division; each competition winner was awarded $750.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- 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: 88
- Transparency & Controls: 100
- Sustainability: 41
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88%; rating input score 88
- Program expense ratio: 86.8%; rating input score 87
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: -1.4%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 1.29; rating input score 53; 53rd 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: 10.8% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 5.7% per year; rating input score 100; 73rd percentile among comparable filings
- Asset growth: 2% per year; rating input score 100; 46th percentile among comparable filings
Details
- Where the money goes: 88% of revenue deployed · 86.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $47K in reported program spending
- Leadership: top reported pay $0 · 8 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2015 to 2024
- 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.
- Moderate — Sustainability: Operating margin scored 41/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.