Chamber Music Society of Salt Lake City Inc
Nonprofit profile at a glance
- EIN
- 876127797
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024
- Location
- Salt Lake City, UT, USA
- Phone
- 8019135390
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $116,012
- Expenses
- $190,868
- Assets
- $117,321
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- RODOLPHE RUFFY (PRESIDENT)
People named in this filing
- KASIA SOKOL-BORUP (PAST PRESIDE)
- RODOLPHE RUFFY (PRESIDENT)
- HEATHER MOORE (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
To provide the salt lake county citizens with the finest chamber music artists, both nationally and internationally know for the enlightenment, enjoyment and education of lovers of chamber music.
What it reported doing in 2024
The society hosted 6 chamber music concerts in the 2019-2020 season. The university of Utah rents libby gardner hall to the society at fair market value to conduct concerts. The parties have an agreement that authorizes the university to collect and keep door ticket sales as payment for the rental. Any amount of the rental that has not been collected by the university is to be considered a donation of facilities. See schedule o for more information.
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
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 82
- Sustainability: 21
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.9%; rating input score 94
- Program expense ratio: 57.1%; rating input score 57
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -64.5%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0.61; rating input score 44; 44th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 0.4% per year; rating input score 100; 31st percentile among comparable filings
- Revenue growth: 2.1% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 6% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 93.9% of revenue deployed · 57.1% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $109K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 14 filing years from 2010 to 2024
- 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.
- Review — Financial Efficiency: Program expense ratio scored 57/100.
- High — Sustainability: Operating margin scored 1/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 44/100.