Crescendo Inc

Nonprofit profile at a glance

EIN
562537454
IRS 990-EZ coverage
2011–2024
Forms available
Form 990 2023, Form 990-EZ 2024
Location
Lakeville, CT, USA
Rating
88
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Official website

Reported finances

Revenue
$159,382
Expenses
$224,380
Assets
$144,695
Liabilities
$1,939

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

Leadership & pay

10 people listed

Executive titles in this filing

  • Maureen Scannell Bateman (President)
  • Henry Putzel lll (Vice-President)

People named in this filing

  • Maureen Scannell Bateman (President)
  • Henry Putzel lll (Vice-President)
  • Grace Schalkwyk (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

Our mission is to give listeners and performers experiences with classical music that are emotionally and personally meaningful and to cultivate a repertoire that is not usually heard in this region: musical gems of early music as well as 20th century and contemporary works.

What it reported doing in 2024

Performed "Nature in Vivaldis Sounds": Concertos for solo instruments and chamber orchestra by Antonio Vivaldi. Among the works were the violin concerto Tempesta di mare The Storm at Sea and the flute concertos "La notte" The Night and "Il gardellino" The Goldfinch. A unique version of Vivaldis Concerto for Two Mandolins was performed on two charangos small Andean stringed instruments of the lute family from the Quechua and Aymara peoples with the addition of quenas Andean wood flutes to the string orchestra giving our listeners a taste of the fusion of traditional and folk instruments that might have been heard in the New World. Two performances on period and Andean instruments with Edson Scheid Baroque violin Rodrigo Tarraza traverso Carlos Boltes and Scott Hill charango with strings and basso continuo players of Crescendo Period Instrument Orchestra and Gonzalo Cortes and Rodrigo Tarraza quenas directed by Christine Gevert from the harpsichord.

Operating model

Revenue model
Donor-supported. 61% of the money available for current operations came from contributions and gifts.
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: 90
  • Transparency & Controls: 93
  • Sustainability: 22
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 71.5%; rating input score 72

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 2nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -40.8%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.64; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 40; 40th percentile among comparable filings
  • Officer compensation ratio: 13.4%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 6.3% per year; rating input score 100; 51st percentile among comparable filings
  • Revenue growth: 6.1% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 9.6% per year; rating input score 100; 60th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 71.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 7 filed program accomplishments · $161K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 11 filing years from 2011 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 3/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 40/100.