Iowa City Music Auxiliary

Nonprofit profile at a glance

EIN
421482992
IRS 990-EZ coverage
2010–2023
Forms available
Form 990-EZ 2023
Location
Coralville, IA, USA
Phone
3195941470
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$20,707
Expenses
$7,082
Assets
$89,083

Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • TRACY KEUTER (PRESIDENT)

People named in this filing

  • MELANIE HANSEN (BOARD MEMBER)
  • TRACY KEUTER (PRESIDENT)
  • SARA MAY BELLIZZI (TREASURER)

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 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Providing financial support for the performance music programs throughout the Iowa city community schools.

What it reported doing in 2023

Provided 55,000 to our music programs, including: -transportation (e.g., elementary and junior high tours, travel for high school performing groups) -entry fees for competitions and honors ensembles -direct support to all elementary, junior high, and high school music programs for music stands, sheet music, choreography, and instruments) -travel expenses (e.g., registration fees, hotel rooms, and competition arrangements for the choir directors) -uniform cleaning (i.e., marching bands) -student awards

Operating model

Revenue model
Donor-supported. 63% 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 revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 82
  • Sustainability: 79
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 31.9%; rating input score 32
  • Program expense ratio: 92.6%; rating input score 93

Transparency & Controls

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

Sustainability

  • Operating margin: 65.8%; rating input score 95; 95th percentile among comparable filings
  • Total-asset coverage ratio: 12.58; rating input score 93; 93rd percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -11.7% per year; rating input score 0; 26th percentile among comparable filings
  • Revenue growth: -8% per year; rating input score 0; 29th percentile among comparable filings
  • Asset growth: 10.9% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 31.9% of revenue deployed · 92.6% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $7K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 to 2023
  • 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 32/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.