Hyperium Foundation

Nonprofit profile at a glance

EIN
273908424
IRS 990-EZ coverage
2013–2021
Forms available
Form 990-EZ 2021
Location
Rolling Hills Estate, CA, USA
Phone
3105677241
Rating confidence
Limited
Sector
Fund Raising and/or Fund Distribution

Reported finances

Expenses
$1,237
Assets
$0

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

Leadership & pay

2 people listed

People named in this filing

  • DORIS WALTL (SECRETARY)

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

The specific purpose of this corporation is to offer members of the public high quality music education and to establish a music community where participants of all ages and levels have the possibility to learn from renowned performing arts.

What it reported doing in 2021

According to the bylaws for the dissolution of hyperium foundation cash left of 500 was donated to delirium musicum a 501(c) non profit/tax exempt organization. EIN 82-5055824 1800 winona blvd. Apt.3 los angeles, ca 90027 another 500 was donated to mtac foundation 501 (c) EIN 23-7131355 2121 n California blvd. Ste 1030 walnut creek, ca 94596

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 81% of its reported program spending out as grants.

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: 38
  • Transparency & Controls: NotEnoughData
  • Sustainability: 10
  • Growth: 40

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: Limited
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 0; rating input score 12; 12th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: 14.6% per year; rating input score 100; 85th percentile among comparable filings
  • Revenue growth: Limited
  • Asset growth: -15.2% per year; rating input score 0; 38th percentile among comparable filings

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $1K in reported program spending
  • Leadership: top reported pay $0 · 2 people listed
  • Consistency: 3 of 3 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2013 to 2021
  • 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 — Sustainability: Total-asset coverage ratio scored 12/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.
  • High — Grant Readiness: California registration: this organization is recorded as not currently operating in California.