Five Boroughs Music Festival Inc
Nonprofit profile at a glance
- EIN
- 270773911
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Brooklyn, NY, USA
- Phone
- 6465040545
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fairs
Reported finances
- Revenue
- $120,668
- Expenses
- $102,716
- Assets
- $100,572
- Liabilities
- $10,000
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- KATHERINE PECK (PRESIDENT)
People named in this filing
- LEAH HOLLINGSWORTH (GENERAL AND ARTISTIC DIREC)
- DONNA BREITZER (TREASURER AND SECRETARY)
- EMILY KENNERLEY (BOARD MEMBER)
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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Five boroughs music festival inc. Is organized for educational and charitable purposes, specifically to develop and conduct educational concerts and to provide high-quality musical performances in all five boroughs of New York city.five boroughs music festival inc.'s unique purpose is to provide high-caliber chamber music concerts in all five boroughs of New York city (brooklyn, bronx, queens, staten island and manhattan), ratherthan focusing its efforts strictly in manhattan, which is common among organizations that promote appreciation for music in New York city. 5bmf's audiences are comprised of residents of all ages from multiple boroughs of nyc. Between july 1, 2024 and june 30, 2025, five boroughs music festival produced and co-produced 6 full-length concert programs presented over the co
What it reported doing in 2024
Orchestra of st. Luke's five borough tourmar. 25, 2025 | hostos community college art gallery, bronx5bmf presents the bronx leg of osl's "5 borough tour," highlighting music by chinese composer chen yi, performed by musicians from the orchestra alongside two traditional chinese instrumentalists. Toomai string quintetapr. 26, 2025 | bronx river art center, bronxthe toomai string quintet present passos brasileiros, a program of brazilian works highlighting the ensemble's specialization in the music of latin america.toomai string quintet: school residency partnership with belongomay 27, 2025 | public school 384, brooklyn5bmf and school residency organization belongo partner for educational outreach, featuring an interactive performance by the toomai string quintet for more than 200 grade school children at a title i school in bushwick.
Operating model
- Revenue model
- Donor-supported. 100% 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 program spending has grown recently. 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: 33
- Transparency & Controls: 100
- Sustainability: 53
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 31.1%; rating input score 31
- Program expense ratio: 36.5%; rating input score 37
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: 14.9%; rating input score 67; 67th percentile among comparable filings
- Total-asset coverage ratio: 0.98; rating input score 59; 59th percentile among comparable filings
- Liabilities to assets ratio: 0.1; rating input score 24; 24th percentile among comparable filings
- Officer compensation ratio: 39.7%; rating input score 7; 7th percentile among comparable filings
Growth
- Program expense growth: 0.8% per year; rating input score 100; 32nd percentile among comparable filings
- Revenue growth: 8.5% per year; rating input score 100; 62nd percentile among comparable filings
- Asset growth: 17.9% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: 31.1% of revenue deployed · 36.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $37K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2014 to 2024
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 31/100.
- Moderate — Financial Efficiency: Program expense ratio scored 37/100.
- Review — Sustainability: Total-asset coverage ratio scored 59/100.
- High — Sustainability: Officer compensation ratio scored 7/100.
- High — Sustainability: Liabilities to assets ratio scored 24/100.