Kishwaukee Symphony Orchestra

Nonprofit profile at a glance

EIN
363069093
IRS 990-EZ coverage
2017–2024
Forms available
Form 990-EZ 2024
Location
Dekalb, IL, USA
Phone
8157563728
Rating
90
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$139,275
Expenses
$141,637
Assets
$255,956
Liabilities
$612

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

Leadership & pay

19 people listed

Executive titles in this filing

  • BILL CUMMINGS (Vice President)

People named in this filing

  • KIRK LUNDBECK (Grants coord.)
  • SALLY STEVENS (Dir. Emerita)
  • DEB LOITZ (Music Ed OR Chr)

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

Kso is a non profit community orchestra which provides a place for area musicians to use their talents in an orchestral setting. Kso recognizes and fosters young musicians. Kso offers educational programs both in the school setting and through the concerts given.

What it reported doing in 2024

This organization is a vital part of the community. It brings together a complex variety of musicians and audience members of all ages and backgrounds. This organization is comprised of 12 voting members, 4 elected members and 3 directors emeriti forming the 19 person board of directors.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 82
  • Sustainability: 44
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: -1.7%; rating input score 29; 29th percentile among comparable filings
  • Total-asset coverage ratio: 1.81; rating input score 78; 78th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 49; 49th percentile among comparable filings
  • Officer compensation ratio: 21.7%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 9.7% per year; rating input score 100; 60th percentile among comparable filings
  • Revenue growth: 9.8% per year; rating input score 100; 66th percentile among comparable filings
  • Asset growth: 14.1% per year; rating input score 100; 71st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $142K in reported program spending
  • Leadership: top reported pay $0 · 19 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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 — Sustainability: Operating margin scored 29/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 49/100.