Hesperus
Nonprofit profile at a glance
- EIN
- 521145323
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024
- Location
- Arlington, VA, USA
- Phone
- 7035257550
- Rating
- 55
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $4,756
- Expenses
- $6,456
- Assets
- $315
- Liabilities
- $41,144
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
1 person listed
Executive titles in this filing
- TINA CHANCEY (PRESIDENT)
People named in this filing
- TINA CHANCEY (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
Promote early musical arts through public performances, education and media
What it reported doing in 2024
Fostered, promoted and increased the musical knowledge and appreciation of the public by organizing and presenting performance of chamber music
Operating model
- Revenue model
- Earned-program. 100% of the money available for current operations came from fees and other program revenue.
- 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
MIXED - The filed numbers largely add up. 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: 42
- Transparency & Controls: 82
- Sustainability: 16
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 47.1%; rating input score 47
- Program expense ratio: 34.8%; rating input score 35
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -35.7%; rating input score 16; 16th percentile among comparable filings
- Total-asset coverage ratio: 0.05; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: 130.62; rating input score 0; 0th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -5.2% per year; rating input score 0; 35th percentile among comparable filings
- Revenue growth: -6.9% per year; rating input score 0; 30th percentile among comparable filings
- Asset growth: -4.2% per year; rating input score 0; 26th percentile among comparable filings
Details
- Where the money goes: 47.1% of revenue deployed · 34.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $2K in reported program spending
- Leadership: top reported pay $0 · 1 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 16 filing years from 2009 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
- Moderate — Financial Efficiency: Program expense ratio scored 35/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 16/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.