Lone Tree Symphony Orchestra
Nonprofit profile at a glance
- EIN
- 311804066
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990 2020, Form 990-EZ 2024
- Location
- Lone Tree, CO, USA
- Phone
- 3032102807
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Symphony Orchestras
Reported finances
- Revenue
- $155,233
- Expenses
- $143,677
- Assets
- $68,601
- Liabilities
- $868
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JAKE BOLDMAN (EXECUTIVE DIRECTOR)
- LISA FUGIT (PRESIDENT)
- FRED SELBY (PRESIDENT)
- ERIC JAMES (VICE PRESIDENT)
People named in this filing
- JAKE BOLDMAN (EXECUTIVE DIRECTOR)
- JACINDA BOUTON (MUSIC DIRECTOR)
- LISA FUGIT (PRESIDENT)
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
Orchestral performance
What it reported doing in 2024
The ltso, as a first class community orchestra, performs orchestral music in the city of lone tree, co and the south denver metro area. It enables musicians to perform orchestral and small ensemble music at a high standard and enriches the community through music. Three thousand community members and musicians benefited.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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 - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 76
- Transparency & Controls: 100
- Sustainability: 42
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.4%; rating input score 74
- Program expense ratio: 80%; rating input score 80
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: 7.4%; rating input score 53; 53rd percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 41; 41st percentile among comparable filings
- Officer compensation ratio: 31.3%; rating input score 11; 11th percentile among comparable filings
Growth
- Program expense growth: 10.5% per year; rating input score 100; 62nd percentile among comparable filings
- Revenue growth: 7.3% per year; rating input score 100; 58th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 74.4% of revenue deployed · 80% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $115K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 8 filing years from 2010 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.
- Review — Sustainability: Operating margin scored 53/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Officer compensation ratio scored 11/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 41/100.