Dc Strings Workshop Inc

Nonprofit profile at a glance

EIN
814763454
IRS 990-EZ coverage
2019–2020
Forms available
Form 990-EZ 2020, Form 990-N 2018
Location
Washington, DC, USA
Phone
2025949233
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Music Groups, Bands, Ensembles

Official website

Reported finances

Revenue
$173,817
Expenses
$143,445
Assets
$48,518
Liabilities
$19,848

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • ANDREW LEE (ARTISTIC/EXECUTIVE DIRECTOR)

People named in this filing

  • ANDREW LEE (ARTISTIC/EXECUTIVE DIRECTOR)
  • Q BERNARD DRISKELL (CHAIRPERSON)
  • JENNA DAY (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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Support music education through free public concerts and high quality music instruction

What it reported doing in 2020

Dcsw hosts several performance ensembles including in the dc strings orchestra, dc strings concert orchestra and various ensembles which perform throughout the communityin partnership with non-profit, corporate organizations for both cultural and educational purposes.

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 95
  • Transparency & Controls: 100
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92%; rating input score 92
  • 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: 17.5%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.34; rating input score 21; 21st percentile among comparable filings
  • Liabilities to assets ratio: 0.41; rating input score 17; 17th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 22.7% per year; rating input score 100; 82nd percentile among comparable filings
  • Revenue growth: 30.8% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 68.5% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 92% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $160K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 7 current checks pass · 1 finding to review
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2019 to 2020
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 21/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • High — Sustainability: Liabilities to assets ratio scored 17/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.