IndyBaroque Music Inc

Nonprofit profile at a glance

EIN
352107488
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Indianapolis, IN, USA
Phone
3177628812
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Singing, Choral

Reported finances

Revenue
$1,437,094
Expenses
$209,944
Assets
$1,518,527
Liabilities
$564

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Rachel Gries (President)
  • Thomas Gerber (Vice President)

Highest reported compensation

  • Leighann Daihl Ragusa (Managing Dir.): $29,800 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide concerts throughout Central Indiana locations.

What it reported doing in 2024

During the 2024-2025 season, the Indianapolis Baroque Orchestra presented 5 main-stage performances. Our season opener, Vivaldi! led by Artistic Director Barthold Kuijken, featured lesser known works by the famous composer. We gave two performances, one at the University of Indianapolis and one at Envive Healthcare of Beech Grove (a senior independent living, assisted living and skilled nursing facility). Bach Harvest was a joyful collaboration with St. Pauls Episcopal Church featuring soprano Kristine Caswelch and Baritone Charles Wesley Evans. La France Galante, led by concertmaster Adriane Post, featured music in the French taste and Galanterie. Our season concluded with an exuberant collaboration with Second Presbyterian Church for J.S. Bachs St. John Passion. Additionally, Artistic Director Barthold Kuijken, and founding member and harpsichordist Thomas Gerber, performed at the unveiling and dedication ceremony of the 2024 Christmas Stamp held at Newfields. In addition to our main-stage performances, we had several education programs throughout the year. Artistic Director Barthold Kuijken gave a lecture titled Why didnt J.S. Bach write dynamics & articulations into his compositions? to students and faculty at Butler University, as well as a lecture to students and faculty at Indiana University Jacobs School of Music titled Inequality: what, where, when, why, who?" IBO violinist Sarah Cranor teamed up with award winning Peruvian childrens author Mariana Llanos to present a bilingual telling of Run, Little Chaski! We invited the young and young-at-heart to take an exciting musical storytelling journey to 18th century Latin America with us. Listeners heard the tale of Little Chaski running the Inca Trail, accompanied by descriptive language, bold illustrations, and 18th century musical selections, all while experiencing first hand a diverse and vibrant musical cultural tradition through a lively 45-minute program. Free signed copies of the book (both in Spanish & English) were handed out to each family that wished to take one home. We gave FREE performances at Carmel Clay Public Library, Johnson County Public Library - White River Branch, Indianapolis Public Library - Fort Ben Branch, and Monroe County Public Library.

Operating model

Revenue model
Donor-supported. 97% 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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 33
  • Transparency & Controls: 92
  • Accountability: 64
  • Sustainability: 85
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 12%; rating input score 12
  • Program expense ratio: 78%; rating input score 78
  • Fundraising efficiency: Limited

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: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 85.4%; rating input score 98; 98th percentile among comparable filings
  • Total-asset coverage ratio: 7.23; rating input score 89; 89th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 81; 81st percentile among comparable filings
  • Officer compensation ratio: 14.2%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 16.1% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 22.4% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 12% of revenue deployed · 78% of spending went to programs
  • Governance: 8 of 8 board members independent · 1 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $164K in reported program spending
  • Leadership: top reported pay $30K · 9 people listed
  • Consistency: 25 of 25 current checks pass
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Financial Efficiency: Mission deployment rate scored 12/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Sustainability: Officer compensation ratio scored 25/100.