Las Vegas Sinfonietta Orchestra

Nonprofit profile at a glance

EIN
854294583
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Henderson, NV, USA
Phone
3124516935
Rating
95
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Reported finances

Revenue
$120,221
Expenses
$113,139
Assets
$20,036
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • TARAS KRYSA (PRESIDENT)

People named in this filing

  • TARAS KRYSA (PRESIDENT)
  • NATALIYA KARACHENTSEVA (TREASURER)
  • ROBERT KRAMER (SECRETARY)

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

The organization's primary exempt purpose is to advance public appreciation of classical and contemporary orchestral music through high-quality performances, educational initiatves, and community engagement activities.

What it reported doing in 2024

The organization presents a full season of orchestral concerts featuring a diverse range of classical masterworks, contemporary american compositions, and world premieres. Each performance season includes multiple concerts in las vegas and surrounding areas, accessible to broad and diverse audiences. There are approximately 2,000 audience members annually, including underserved communities through outreach events. The orchestra actively promotes music education by offering free or discounted tickets to students, participating in local school programs, and hosting open rehearsals and pre-concert talks to engage the community.

Operating model

Revenue model
Donor-supported. 73% 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

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.1%; rating input score 94
  • 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: Yes; rating input score 100

Sustainability

  • Operating margin: 5.9%; rating input score 50; 50th percentile among comparable filings
  • Total-asset coverage ratio: 0.18; rating input score 17; 17th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 13.2%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 19.9% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 17.3% per year; rating input score 100; 80th percentile among comparable filings
  • Asset growth: 26.3% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 94.1% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $113K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 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: Total-asset coverage ratio scored 17/100.
  • Review — Sustainability: Operating margin scored 50/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.