Greenwich Village Orchestra Ltd

Nonprofit profile at a glance

EIN
133349320
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
New York, NY, USA
Phone
9178226502
Rating
97
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$106,606
Expenses
$104,651
Assets
$168,797
Liabilities
$0

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

Leadership & pay

8 people listed

Executive titles in this filing

  • Cindy Lan (Executive Director)
  • Amy Norovich (President)
  • Barnaby Kendall (Vice President)

People named in this filing

  • Barbara Yahr (Music Director)
  • Cindy Lan (Executive Director)
  • Amy Norovich (President)

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

Symphonic concert performances to a diverse community throughout New York City.

What it reported doing in 2024

The GVO as a volunteer symphony orchestra offers professional-level concert performances to a diverse community throughout New York City. In our nine month season we typically perform six concerts and a chamber concert to a combined audience of approximately 2,500.

Operating model

Revenue model
Donor-supported. 75% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 50
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 98.2%; rating input score 98
  • Program expense ratio: 100%; rating input score 100

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: 1.8%; rating input score 39; 39th percentile among comparable filings
  • Total-asset coverage ratio: 1.61; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 40.8%; rating input score 7; 7th percentile among comparable filings

Growth

  • Program expense growth: 9.2% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 6.2% per year; rating input score 100; 53rd percentile among comparable filings
  • Asset growth: 3.9% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 98.2% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $105K in reported program spending
  • Leadership: top reported pay $0 · 8 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
  • Money network: 4 filed money-flow records
  • 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 — Sustainability: Operating margin scored 39/100.
  • High — Sustainability: Officer compensation ratio scored 7/100.