Iowa Chamber Music Collective Corp

Nonprofit profile at a glance

EIN
920681774
IRS 990-EZ coverage
2024–2025
Forms available
Form 990-EZ 2025, Form 990-N 2023
Location
Cedar Falls, IA, USA
Phone
3193822759
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Reported finances

Revenue
$10,190
Expenses
$9,036
Assets
$6,151
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Liudmila Lebedeva (Executive Director and Founder)
  • Stephanie Feher (Vice President)
  • Eric Twietmeyer (President)

People named in this filing

  • Liudmila Lebedeva (Executive Director and Founder)
  • Stephanie Feher (Vice President)
  • Georgia Ann Henry (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Iowa Chamber Music Collective desires to make chamber music accessible to all, by uniting families and students with music education, specifically string performance, to further the opportunity for young people from low income families to learn and practice music, and to promote chamber and orchestra music in the greater Cedar Valley community.

What it reported doing in 2025

The Iowa Chamber Music Collective held a week long summer camp, developing partnerships between individuals and families from different backgrounds by creating and experiencing music. The campers break up into sections to work on the pieces and receive more one on one instruction, then come together as an orchestra to practice together. The camp culminates in a concert on the last day for friends and family members. We serve students in grades 4 through 8 who are beginning to intermediate string musicians from the Cedar Valley. We offered scholarships to 5 students to attend the camp. The summer music camp allowed underserved student musicians to experience quality instruction and performance. Grant monies were used to help fund the summer camp.

Operating model

Revenue model
Donor-supported. 79% 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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 82
  • Sustainability: 49
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.4%; rating input score 85
  • Program expense ratio: 96.3%; rating input score 96

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 11.3%; rating input score 62; 62nd percentile among comparable filings
  • Total-asset coverage ratio: 0.68; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 22.4%; rating input score 8; 8th percentile among comparable filings

Growth

  • Program expense growth: -13.9% per year; rating input score 0; 24th percentile among comparable filings
  • Revenue growth: -5.5% per year; rating input score 0; 33rd percentile among comparable filings
  • Asset growth: 20.7% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 85.4% of revenue deployed · 96.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 4 filed program accomplishments · $9K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2024 to 2025
  • Contacts: How to reach this organization
  • Money network: 2 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 8/100.