GREATER CINCINNATI BLUES SOCIETY INC DBA Cincy Blues Society

Nonprofit profile at a glance

EIN
311311304
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Cincinnati, OH, USA
Phone
5137392583
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Official website

Reported finances

Revenue
$25,885
Expenses
$22,930
Assets
$10,651
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Thomas Thiem (President / Trustee)
  • Bonita Frenzel (Vice President / Trustee)

People named in this filing

  • Thomas Thiem (President / Trustee)
  • Bonita Frenzel (Vice President / Trustee)
  • Paul Stegman (Secretary / Trustee)

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

To preserve and promote blues music, an indigenous American art form.

What it reported doing in 2024

Website and Social Media. The Cincy Blues Society hosts a website with original content for members and guests. The society also maintains a calendar of local, regional, and national blues acts touring through the region that can be updated by members and bands. Additionally, the society sends out weekly email blues blasts to subscribers with listings of upcoming blues events and regional festivals. lastly, the Society maintains a presence on Facebook for direct contact with the general public.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 92% 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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 77
  • Transparency & Controls: 100
  • Sustainability: 53
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 73.4%; rating input score 73
  • Program expense ratio: 82.9%; rating input score 83

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: 11.4%; rating input score 64; 64th percentile among comparable filings
  • Total-asset coverage ratio: 0.46; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -32.2% per year; rating input score 0; 12th percentile among comparable filings
  • Revenue growth: -9.8% per year; rating input score 0; 25th percentile among comparable filings
  • Asset growth: -27.9% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 73.4% of revenue deployed · 82.9% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 5 filed program accomplishments · $19K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.