Cube
Nonprofit profile at a glance
- EIN
- 363939449
- IRS 990-EZ coverage
- 2009–2013
- Forms available
- Form 990-EZ 2013, Form 990-N 2013
- Location
- Chicago, IL, USA
- Phone
- 7082539400
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $17,817
- Expenses
- $22,747
- Assets
- $5,659
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Mohammad Ahmad (President)
- Virginia Witmer (Vice President)
People named in this filing
- Mohammad Ahmad (President)
- Virginia Witmer (Vice President)
- Bruce Oltman (Secretary)
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 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Presentation of public dance-opera-theatre performances and commissioning new work
What it reported doing in 2013
Arts, Culture, and Humanities: CUBE offers discounted tickets for persons in school or in the industry, held industry night performances for industry professionals at a discounted rate, give access to CUBE via e-newsletters which are distributed for free to a list of just over 1,500 persons.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
MIXED - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 29
- Transparency & Controls: 100
- Sustainability: 29
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 31.7%; rating input score 32
- Program expense ratio: 24.8%; rating input score 25
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -27.7%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 0.25; rating input score 18; 18th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 75; 75th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 57; 57th percentile among comparable filings
Growth
- Program expense growth: -31.2% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: -15.7% per year; rating input score 0; 25th percentile among comparable filings
- Asset growth: 7.6% per year; rating input score 100; 65th percentile among comparable filings
Details
- Where the money goes: 31.7% of revenue deployed · 24.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $6K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2009 to 2013
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- Moderate — Transparency & Controls: Part III transfer expenses within program total did not reconcile in the filed values.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Sustainability: Total-asset coverage ratio scored 18/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.