Kinetic Ensemble

Nonprofit profile at a glance

EIN
813216417
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024, Form 990-N 2016
Location
Houston, TX, USA
Phone
8323489981
Rating
67
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Music Groups, Bands, Ensembles

Reported finances

Revenue
$159,789
Expenses
$148,239
Assets
$60,630
Liabilities
$1,305

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Jenny Li (President)

People named in this filing

  • Jenny Li (President)
  • Bingiee Shiu (Secretary)
  • Yvonne Chen (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To amplify diverse, under-performed, and newly composed classical music to communities in and beyond Houston through intensely collaborative chamber and orchestral performances.

What it reported doing in 2024

Presented eight public performances in the Greater Houston area for the community, highlighting diverse, under-performed and newly composed classical music

Operating model

Revenue model
Donor-supported. 67% 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 program spending has grown recently. 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: 40
  • Transparency & Controls: 100
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 38.5%; rating input score 39
  • Program expense ratio: 41.5%; rating input score 42

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: 7.2%; rating input score 52; 52nd percentile among comparable filings
  • Total-asset coverage ratio: 0.41; rating input score 32; 32nd percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 37; 37th percentile among comparable filings
  • Officer compensation ratio: 2.2%; rating input score 24; 24th percentile among comparable filings

Growth

  • Program expense growth: 11.7% per year; rating input score 100; 65th percentile among comparable filings
  • Revenue growth: 16.5% per year; rating input score 100; 79th percentile among comparable filings
  • Asset growth: 25.2% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 38.5% of revenue deployed · 41.5% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $62K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 42/100.
  • Review — Sustainability: Operating margin scored 52/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
  • High — Sustainability: Officer compensation ratio scored 24/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 37/100.