FOX VALLEY ACADEMY OF MUSIC PERFORMANCE The Fox Valley Acadeny of Music Performance

Nonprofit profile at a glance

EIN
841683952
IRS 990-EZ coverage
2021–2021
Forms available
Form 990-EZ 2021
Location
La Grange, IL, USA
Phone
7085792878
Rating confidence
Limited
Sector
Single Organization Support

Official website

Reported finances

Revenue
$0
Expenses
$561
Assets
$1,147
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • Timothy Barnes (FVAMP Board President (Volunteer))

People named in this filing

  • Timothy Barnes (FVAMP Board President (Volunteer))
  • Melanie Miller (FVAMP Board Secretary (Volunteer))
  • John Norton (FVAMP Acting Exec. Director /Board Member (Volunteer))

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 2021. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our Organization's Primary Exempt Purpose has been to provide for free admission public audience-friendly symphonic music concert performances in Illinois' Fox Valley area communities, that also provides orchestral ensemble experience for talented adult amateur and middle/high school student musicians, and supply insights into developing concert audience members' active mindful listening skills that can significantly enhance their experience of music.

What it reported doing in 2021

Normally, our adult symphony orchestra concert performances have increasingly provided for focusing on developing active audience musical listening skills with carefully chosen variety of shorter, truncated "audience-friendly" classical music selections. Enlisting relevant "down-to-earth" layperson explanations, analysis, analogies, presentations, graphic/aural demonstrations that provide not only insights into the music selections being performed in the concert; but instead of seeking for music "out there" (by what is actually external physical sonic waves stimuli) provided by the orchestra's instruments, it is more aesthetically productive to have concert audiences to understand: {a) what to actively listen for and (b) how to learn to focus on one's mindful awareness of the neural mental processing by one's brain's inner experience of its sensory perceptions, cognitive comprehension, and intellectual & emotive expression. That's where to seek the music. However, with the Covid-19 shutdown for Fiscal Year's 2021-22 entire adult orchestra concert performance season, this active audience listening skills development successful program (audience surveys evidenced reasonable sustained widespread interest) is also in hiatus. The program service never required a significant funding expediture, but with the shutdown hiatus, its funding expense is a moot $0

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 82
  • Sustainability: 32
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 2.04; rating input score 58; 58th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • 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: Program expense ratio scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 58/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.