Elm City Chamberfest Inc
Nonprofit profile at a glance
- EIN
- 271634979
- IRS 990-EZ coverage
- 2011–2019
- Forms available
- Form 990-EZ 2019
- Location
- Hamden, CT, USA
- Phone
- 2032976091
- Rating
- 47
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Secondary, High School
Reported finances
- Revenue
- $115,365
- Expenses
- $118,764
- Assets
- $2,827
- Liabilities
- $26,097
Source: IRS Form 990-EZ. Selected filing: tax year 2019. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- FIONA MURRAY (PRESIDENT)
People named in this filing
- FIONA MURRAY (PRESIDENT)
- JOSEPH RUSSO (SECRETARY)
- AMY SHANG (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 2019. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Education
What it reported doing in 2019
Elm city chamberfest is an intensive 10 day summer music program for children 8-18, focusing on musical development through daily classes, lessons and performances by students and faculty.
Operating model
- Revenue model
- Earned-program. 83% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 4
- Transparency & Controls: 100
- Sustainability: 21
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.7%; rating input score 7
- Program expense ratio: Limited
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: -2.9%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.02; rating input score 4; 4th percentile among comparable filings
- Liabilities to assets ratio: 9.23; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 65; 65th percentile among comparable filings
Growth
- Program expense growth: 10.7% per year; rating input score 100; 66th percentile among comparable filings
- Revenue growth: 9.1% per year; rating input score 100; 68th percentile among comparable filings
- Asset growth: -2.8% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 6.7% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2011 to 2019
- 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.
- High — Financial Efficiency: Mission deployment rate scored 7/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Total-asset coverage ratio scored 4/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.