Friends of the Opus 76 Quartet

Nonprofit profile at a glance

EIN
843823766
IRS 990-EZ coverage
2020–2024
Forms available
Form 990-EZ 2024, Form 990-N 2019
Location
Prairie Village, KS, USA
Phone
9136536998
Rating
45
Verdict
MIXED
Rating confidence
Moderate
Sector
Performing Arts Organizations

Official website

Reported finances

Revenue
$162,546
Expenses
$145,132
Assets
$17,890
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • KEITH STANFIELD (EXECUTIVE DIRECTOR)

People named in this filing

  • MARNY SHERMAN (DIRECTOR)
  • TORRENCE LEATHERS (DIRECTOR)
  • CYNTHIA WESTBROOK (DIRECTOR)

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

The organization's goal is to improve society's ability to listen to one another, calmly, and promote greater understanding for the different perspectives on life we all have.through its manner of presenting classical music in an accessible and innovative way relevant to modern society's needs and norms, it delivers advocacy for the problems our community faces, encourages volunteerism and donations, and demonstrates awareness of the common dignity we share as human beings - irrespective of social or economic status.

What it reported doing in 2024

Provide coaching and mentoring to young musicians throughout the academic year, along with means-tested tuition scholarships.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

MIXED - The filed numbers largely add up and revenue 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: 0
  • Transparency & Controls: 100
  • Sustainability: 43
  • Growth: 60

Detailed rating inputs

Financial Efficiency

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

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: 10.7%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 0.12; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: -102.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 16.1% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 4.8% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 0% of revenue deployed · 0% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2020 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.

  • High — Financial Efficiency: Mission deployment rate scored 0/100.
  • High — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • Review — Sustainability: Operating margin scored 59/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.