C2G Music Hall Corporation Dba Baker Street Centre
Nonprofit profile at a glance
- EIN
- 273707147
- IRS 990 coverage
- 2022–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020, Form 990-T 2024
- Location
- Fort Wayne, IN, USA
- Phone
- 2604266434
- Rating confidence
- Limited
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $-97,840
- Expenses
- $147,911
- Assets
- $1,765,987
- Liabilities
- $1,345,328
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Mark R Minnick (President)
- Brad Sturges (Vice President)
Highest reported compensation
- Patricia Ann Butler (Secretary): $12,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of C2G Music Hall is to provide accessible, affordable, family-friendly musical entertainment and education to those who would otherwise not have such opportunities.
What it reported doing in 2024
C2G Music Hall provides accessible, affordable, family-friendly musical entertainment and education for the community and access to music production and performance opportunities for youth. Please see Schedule O for further information.
Operating model
- Revenue model
- No positive adjusted resources. The filing reports no positive adjusted operating resources.
- Distribution model
- Direct operator. The filing allocates 97% 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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 68
- Transparency & Controls: 92
- Accountability: 63
- Sustainability: 28
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 66.6%; rating input score 67
- Fundraising efficiency: $25.98 raised per $1 spent on fundraising; rating input score 72; 72nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 1 of 8 controls in place; rating input score 12
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -251.2%; rating input score 11; 11th percentile among comparable filings
- Total-asset coverage ratio: 11.94; rating input score 67; 67th percentile among comparable filings
- Liabilities to assets ratio: 0.76; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 8.1%; rating input score 17; 17th percentile among comparable filings
Growth
- Program expense growth: -16.2% per year; rating input score 0; 21st percentile among comparable filings
- Revenue growth: 9.5% per year; rating input score 100; 86th percentile among comparable filings
- Asset growth: 38.3% per year; rating input score 100; 96th percentile among comparable filings
Details
- Where the money goes: 66.6% of spending went to programs
- Governance: 7 of 7 board members independent · 1 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $99K in reported program spending
- Leadership: top reported pay $12K · 7 people listed
- Consistency: 24 of 24 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 3 filing years from 2022 to 2024
- 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 — Accountability: Governance controls: 6 of 7 not reported.
- High — Sustainability: Operating margin scored 11/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- High — Sustainability: Officer compensation ratio scored 17/100.