Corona Symphony Orchestra
Nonprofit profile at a glance
- EIN
- 830510994
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Corona, CA, USA
- Phone
- 9516420135
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $66,083
- Expenses
- $60,632
- Assets
- $48,681
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Marco A Mejia (Vice President)
People named in this filing
- Don Kindred (Executive Dir.)
- Carolyn Reeve (Secretary)
- Steven Ruth (CFO)
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
The mission of the Corona Symphony Orchestra is to bring the richness of live orchestral music to the people of the Inland Empire and to represent Corona and the region with musical excellence as one of the premiere performing ensembles.
What it reported doing in 2024
The Corona Symphony Orchestra performed two concerts; June 29, 2024 and October 12, 2024.The Corona Symphony Conservatory held two 13 week semesters; August 28, 2024 to November 20, 2024 and January 19, 2025 to May 21, 2025
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: 81
- Transparency & Controls: 82
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 78%; rating input score 78
- Program expense ratio: 85%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 8.2%; rating input score 59; 59th percentile among comparable filings
- Total-asset coverage ratio: 0.8; rating input score 40; 40th 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: 4.8% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 4.5% per year; rating input score 100; 70th percentile among comparable filings
- Asset growth: 13% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: 78% of revenue deployed · 85% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $52K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2010 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.
- Review — Sustainability: Operating margin scored 59/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.