D-composed Gives

Nonprofit profile at a glance

EIN
832961654
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2024, Form 990-N 2021
Location
Chicago, IL, USA
Phone
8472873310
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Music

Official website

Reported finances

Revenue
$493,130
Expenses
$199,994
Assets
$436,535
Liabilities
$6,251

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

Leadership & pay

7 people listed

Executive titles in this filing

  • KORI COLEMAN (EXECUTIVE DIRECTOR)

Highest reported compensation

  • KORI COLEMAN (EXECUTIVE DIRECTOR): $5,450 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

D-composed gives is organized to provide education and to promote the development, establishment, and expansion of chamber music and black composers. Specifically, the mission of d-composed gives is to uplift and empower society by providing a platform for the music of black composers. In order to do this, we aim to increase access and exposure to black creativity, culture and life through thoughtful programming, events and content.

What it reported doing in 2024

All other - musical storytime - a collaboration with chicago public schools, chicago public libraries and other youth education organizations hosting book readings of black authors accompanied by specially curated/commissioned music of black composers.family edition - a family friendly event at the south side community arts center that introduces the work of black composers to children and their families through modern and contemporary arrangements.music inclusion hub - a digital hub of culturally responsive, intersectional, mixed media resources for primary and secondary school educators to incorporate into their curriculums.

Operating model

Revenue model
Donor-supported. 74% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 44
  • Transparency & Controls: 92
  • Accountability: 66
  • Sustainability: 71
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 27.8%; rating input score 28
  • Program expense ratio: 68.5%; rating input score 68
  • Fundraising efficiency: $17.77 raised per $1 spent on fundraising; rating input score 55; 55th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: 85.7%; rating input score 86; 23rd percentile among comparable filings
  • Governance controls: 3 of 8 controls in place; rating input score 38
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 59.4%; rating input score 94; 94th percentile among comparable filings
  • Total-asset coverage ratio: 2.18; rating input score 61; 61st percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 43; 43rd percentile among comparable filings
  • Officer compensation ratio: 2.7%; rating input score 35; 35th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 69.5% per year; rating input score 100; 98th percentile among comparable filings
  • Asset growth: 72% per year; rating input score 100; 98th percentile among comparable filings

Details

  • Where the money goes: 27.8% of revenue deployed · 68.5% of spending went to programs
  • Governance: 6 of 7 board members independent · 3 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $137K in reported program spending
  • Leadership: top reported pay $5K · 7 people listed
  • Consistency: 23 of 23 current checks pass
  • Schedules: 3 filed schedules · includes major donors
  • 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.

  • High — Financial Efficiency: Mission deployment rate scored 28/100.
  • Moderate — Accountability: Governance controls: 4 of 7 not reported.
  • Review — Financial Efficiency: Fundraising efficiency scored 55/100.
  • Moderate — Sustainability: Officer compensation ratio scored 35/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 43/100.