Coast Live Music Inc

Nonprofit profile at a glance

EIN
852257543
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Portola Valley, CA, USA
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Cultural Organizations - Multipurpose

Reported finances

Revenue
$75,505
Expenses
$139,541
Assets
$190,899
Liabilities
$236

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

5 people listed

Executive titles in this filing

  • LIVIA SOHN (President & Sec)

People named in this filing

  • LIVIA SOHN (President & Sec)
  • JAMES AUSTIN SMITH (Director)
  • LEAH FRELINGHUYSEN (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 curate inspired musical gatherings by presenting world-class chamber music across the bay area.

What it reported doing in 2024

January 25, 2024 - Ehnes String Quartet presented at Portola Valley Town Center Community Hall in Portola Valley, CA May 9, 2024 - Baroque chamber orchestra concert presented at Fogarty Vineyards in Woodside, CA October 5, 2024 - Anthony Roth Costanzo (countertenor) and Dan Schlosberg (piano) presented at a private home in Portola Valley, CA Community engagement events: LifeMoves shelters in Mountain View, Palo Alto, Redwood City, and Sunnyvale The Food Closet for Downtown Streets Team at the All Saints Episcopal Church in Palo Alto VA Hospital in Palo Alto Ronald McDonald Charity House in Palo Alto

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: 100
  • Transparency & Controls: 100
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

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: -84.8%; rating input score 9; 9th percentile among comparable filings
  • Total-asset coverage ratio: 1.37; rating input score 55; 55th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 34; 34th percentile among comparable filings
  • Officer compensation ratio: 37.1%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 131% per year; rating input score 100; 98th percentile among comparable filings
  • Revenue growth: 18.4% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 32.9% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $140K in reported program spending
  • Leadership: top reported pay $0 · 5 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • 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.

  • High — Sustainability: Operating margin scored 9/100.
  • Review — Sustainability: Total-asset coverage ratio scored 55/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 34/100.