Indianapolis Symphonic Choir Inc

What it reported doing in 2024

The indianapolis symphonic choir (isc) is one of the nation's most established symphonic choruses and among the most active choral organizations in the midwest. Founded in 1937 at the request of the indianapolis symphony orchestra, the choir was created to perform the great choral-orchestral repertoire and continues this long-standing artistic partnership today. Through performances, educational initiatives, and community engagement programs, isc reaches thousands of audience members, students, and community participants each season.the choir presents a full season of performances including large-scale choral-orchestral masterworks, holiday concerts, and collaborative programs with regional arts organizations. The annual festival of carols has become a long-standing indianapolis holiday tradition, featuring the choir with orchestra, guest artists, and community participation. Isc also presents additional performances and special programs that highlight major works of the choral repertoire and contemporary compositions.education and community engagement are central to isc's mission. Through the spotlight choir program, local high school choirs are invited to rehearse and perform alongside isc's volunteer singers in festival of carols performances, providing students with mentorship, rehearsal experience, and the opportunity to perform in a professional concert setting. Additional educational offerings include pre-concert lectures, community discussions, and engagement with choral directors and students throughout the region.isc also invests in the future of choral music through its conducting fellowship, a partnership with butler university that provides advanced training and professional mentorship for emerging choral conductors. The fellowship combines academic study with hands-on artistic and administrative experience working with a professional symphonic chorus.the organization is committed to expanding the choral repertoire through commissions and new works, including its christmas carol commission competition, which encourages emerging composers to create new music for chorus and provides a premiere performance opportunity.at the heart of isc is a roster of approximately 150 volunteer singers who represent a wide cross-section of the indianapolis community. These singers dedicate hundreds of hours each year to rehearsals and performances, contributing their time and talent to bring high-quality choral music to the region.under the artistic leadership of dr. Eric stark, the indianapolis symphonic choir continues its mission to enrich lives through the beauty, power, and shared experience of choral music.

Financial Efficiency

• Mission deployment rate: 61.8%; rating input score 62
• Program expense ratio: 68.6%; rating input score 69
• Fundraising efficiency: $3.16 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: Limited
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 7 of 9 controls in place; rating input score 78
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Fail
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Fail

Sustainability

• Operating margin: 10.3%; rating input score 62; 62nd percentile among comparable filings
• Total-asset coverage ratio: 1.61; rating input score 58; 58th percentile among comparable filings
• Liabilities to assets ratio: 0.01; rating input score 68; 68th percentile among comparable filings
• Officer compensation ratio: 27.5%; rating input score 8; 8th percentile among comparable filings

Growth

• Program expense growth: -2% per year; rating input score 0; 12th percentile among comparable filings
• Revenue growth: -1.2% per year; rating input score 0; 11th percentile among comparable filings
• Asset growth: 7.6% per year; rating input score 100; 50th percentile among comparable filings