Classical Music Institute CMI

Nonprofit profile at a glance

EIN
900398328
IRS 990 coverage
2016–2025
Forms available
Form 990 2025, Form 990-N 2011
Location
San Antonio, TX, USA
Phone
2102120930
Rating
81
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$2,472,811
Expenses
$2,327,866
Assets
$3,830,224
Liabilities
$3,479,050

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

15 people listed

Executive titles in this filing

  • PAUL M MONTALVO (President CEO)

Highest reported compensation

  • DANIELA DIAZ (Chief Programs Officer): $103,725 total reported compensation
  • PAUL M MONTALVO (President CEO): $102,750 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

CMI's mission is to cultivate classical music education and performance as a gateway to the arts.

What it reported doing in 2025

Foundations and Public Agency Funds Program, Facilities, and Administrative Costs

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. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 92
  • Accountability: 77
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 76.2%; rating input score 76
  • Program expense ratio: 81%; rating input score 81
  • Fundraising efficiency: $27.48 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 90%; rating input score 90; 5th 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: 92.3%; rating input score 92; 23rd percentile among comparable filings
  • Governance controls: 5 of 9 controls in place; rating input score 56
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 5.9%; rating input score 45; 45th percentile among comparable filings
  • Total-asset coverage ratio: 1.65; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.91; rating input score 4; 4th percentile among comparable filings
  • Officer compensation ratio: 8.9%; rating input score 37; 37th percentile among comparable filings

Growth

  • Program expense growth: 24.6% per year; rating input score 100; 88th percentile among comparable filings
  • Revenue growth: 25.7% per year; rating input score 100; 92nd percentile among comparable filings
  • Asset growth: 35.6% per year; rating input score 100; 95th percentile among comparable filings

Details

  • Where the money goes: 76.2% of revenue deployed · 81% of spending went to programs
  • Governance: 12 of 13 board members independent · 5 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $2.2M in reported program spending
  • Leadership: top reported pay $104K · 15 people listed
  • Consistency: 20 of 21 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules · includes major donors
  • Filing history: 8 filing years from 2016 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 — Accountability: Governance controls: 3 of 8 not reported.
  • Moderate — Sustainability: Operating margin scored 45/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 4/100.
  • Moderate — Sustainability: Officer compensation ratio scored 37/100.