Fanfare Concerts Ltd
Nonprofit profile at a glance
- EIN
- 061532766
- IRS 990-EZ coverage
- 2009–2014
- Forms available
- Form 990-EZ 2014, Form 990-N 2013
- Location
- Monroe, CT, USA
- Phone
- 2032589103
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $2,800
- Expenses
- $686
- Assets
- $34,525
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Thomas A Frea (President)
People named in this filing
- Thomas A Frea (President)
- Barbara Upton (Secretary/Treasuere)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide access to early music program and instruments by providing historically informed concerts on instruments of the time.
What it reported doing in 2014
Very limited activity, primarily dedicated to providing postiv organ to othe early music oganizations
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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 revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 52
- Transparency & Controls: 82
- Sustainability: 90
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 24.5%; rating input score 24
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 75.5%; rating input score 97; 97th percentile among comparable filings
- Total-asset coverage ratio: 50.33; rating input score 98; 98th 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: -37.4% per year; rating input score 0; 14th percentile among comparable filings
- Revenue growth: -31.8% per year; rating input score 0; 13th percentile among comparable filings
- Asset growth: -1% per year; rating input score 0; 41st percentile among comparable filings
Details
- Where the money goes: 24.5% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $686 in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2009 to 2014
- 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 24/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 57/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.