Keystone State Music Theater Association
Nonprofit profile at a glance
- EIN
- 463435984
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024, Form 990-EZ 2014
- Location
- Cranberry Township, PA, USA
- Phone
- 7247411088
- Rating
- 73
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts Council/Agency
Reported finances
- Revenue
- $520,312
- Expenses
- $497,682
- Assets
- $214,102
- Liabilities
- $4,763
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- GEOFFREY WHITE (President)
Highest reported compensation
- CHRISTOPHER SAUNDERS (Executive Dir.): $65,775 total reported compensation
- ALISON SAUNDERS (Director): $62,299 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Keystone state music theater association ksmt is dedicated to enriching the public and the region through exceptional musical theater and to impacting lives positively beyond the stage through innovative education and community outreach initiatives.
What it reported doing in 2024
Group and private instruction in musical theater and production of live, theater. This program is an integral part of fulfilling our mission. Ksmt is dedicated to enriching the public and the region through exceptional musical theater and impacting lives positively beyond the stage through innovative education and community outreach initiatives.
Operating model
- Revenue model
- Earned-program. 94% of the money available for current operations came from fees and other program revenue.
- 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 65
- Transparency & Controls: 90
- Accountability: 66
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.6%; rating input score 72
- Program expense ratio: 74.9%; rating input score 75
- 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 60%; rating input score 60; 12th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 4.3%; rating input score 48; 48th percentile among comparable filings
- Total-asset coverage ratio: 0.43; rating input score 20; 20th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 61; 61st percentile among comparable filings
- Officer compensation ratio: 25.7%; rating input score 9; 9th percentile among comparable filings
Growth
- Program expense growth: 1.9% per year; rating input score 100; 26th percentile among comparable filings
- Revenue growth: 7.8% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 21.4% per year; rating input score 100; 83rd percentile among comparable filings
Details
- Where the money goes: 71.6% of revenue deployed · 74.9% of spending went to programs
- Governance: 3 of 5 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $373K in reported program spending
- Leadership: top reported pay $66K · 5 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 3 filed schedules
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 5 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.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Moderate — Sustainability: Operating margin scored 48/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Total-asset coverage ratio scored 20/100.
- High — Sustainability: Officer compensation ratio scored 9/100.