Fallbrook Music Society

Nonprofit profile at a glance

EIN
953274842
IRS 990-EZ coverage
2021–2025
Forms available
Form 990 2020, Form 990-EZ 2025
Location
Fallbrook, CA, USA
Phone
9493067227
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Symphony Orchestras

Reported finances

Revenue
$156,883
Expenses
$147,653
Assets
$407,154

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • ROBERT F FREANEY (President)
  • CONNIE KLEPPE (Vice President)

People named in this filing

  • ROBERT F FREANEY (President)
  • STEVE BYRNES (Treasurer)
  • PHIL STOFFER (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The organization provides music concerts by professional musicians to the fallbrook area general public for primarily classical music appreciation and enjoyment.

What it reported doing in 2025

Education

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. 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: 55
  • Transparency & Controls: 100
  • Sustainability: 55
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 53.5%; rating input score 54
  • Program expense ratio: 56.9%; rating input score 57

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: 5.9%; rating input score 46; 46th percentile among comparable filings
  • Total-asset coverage ratio: 2.76; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 19.8% per year; rating input score 100; 74th percentile among comparable filings
  • Revenue growth: -4.4% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -6.8% per year; rating input score 0; 13th percentile among comparable filings

Details

  • Where the money goes: 53.5% of revenue deployed · 56.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $84K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 54/100.
  • Review — Financial Efficiency: Program expense ratio scored 57/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 46/100.
  • High — Growth: Asset growth scored 0/100.