Iowa Youth Chorus

Nonprofit profile at a glance

EIN
421166088
IRS 990-EZ coverage
2011–2020
Forms available
Form 990-EZ 2020
Location
Des Moines, IA, USA
Phone
5159859703
Rating
69
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Singing, Choral

Official website

Reported finances

Revenue
$120,168
Expenses
$97,544
Assets
$137,046
Liabilities
$31,592

Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

6 people listed

Executive titles in this filing

  • HEATHER BAGLEY (PRESIDENT)
  • AUSTIN NEAL (VICE PRESIDENT)
  • KRISTIN PIKE (EXECUTIVE DIRECTOR)

People named in this filing

  • HEATHER BAGLEY (PRESIDENT)
  • AUSTIN NEAL (VICE PRESIDENT)
  • JACOB RAMSEY (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 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Music education

What it reported doing in 2020

Provided music education and performance opportunities to children in central Iowa. Produced concerts presented in choral ensembles in Iowa. Approximately 300 members.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 51
  • Transparency & Controls: 100
  • Sustainability: 58
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 47.1%; rating input score 47
  • Program expense ratio: 58%; rating input score 58

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: 18.8%; rating input score 61; 61st percentile among comparable filings
  • Total-asset coverage ratio: 1.4; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 0.23; rating input score 24; 24th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: -10.5% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -5.6% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 8% per year; rating input score 100; 49th percentile among comparable filings

Details

  • Where the money goes: 47.1% of revenue deployed · 58% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $57K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2011 to 2020
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • Review — Financial Efficiency: Program expense ratio scored 58/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 24/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.