Kokomo Symphonic Society Inc
Nonprofit profile at a glance
- EIN
- 237290965
- IRS 990-EZ coverage
- 2009–2024
- Forms available
- Form 990-EZ 2024, Form 990-T 2024, Form 990-N 2012
- Location
- Kokomo, IN, USA
- Phone
- 7652360251
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Symphony Orchestras
Reported finances
- Revenue
- $164,290
- Expenses
- $186,257
- Assets
- $49,203
- Liabilities
- $55,584
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- ANAMARIA SHROCK (PRESIDENT)
People named in this filing
- BILL ROWE (DIRECTOR)
- SEAN CAREY (DIRECTOR OF YOUTH PROGRAMS)
- LISA WASHINGTON (DIRECTOR)
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
As a community cultural resource, the kokomo symphonic society, inc. Is organized to cultivate, nurture, and enhance the cultural climate of kokomo and its surrounding region, by providing musical programs and experiences that are informative, educational, and entertaining.
What it reported doing in 2024
To provide the kokomo community symphony orchestra concerts that are educational and entertaining
Operating model
- Revenue model
- Donor-supported. 65% 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: 53
- Transparency & Controls: 100
- Sustainability: 20
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 56%; rating input score 56
- Program expense ratio: 49.4%; rating input score 49
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: -13.4%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.26; rating input score 23; 23rd percentile among comparable filings
- Liabilities to assets ratio: 1.13; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 7.9% per year; rating input score 100; 56th percentile among comparable filings
- Revenue growth: 8.7% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: 3.2% per year; rating input score 100; 38th percentile among comparable filings
Details
- Where the money goes: 56% of revenue deployed · 49.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $92K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2009 to 2024
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 56/100.
- Moderate — Financial Efficiency: Program expense ratio scored 49/100.
- High — Sustainability: Operating margin scored 12/100.
- High — Sustainability: Total-asset coverage ratio scored 23/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.