Los Gatos Music in the Park
Nonprofit profile at a glance
- EIN
- 811439491
- IRS 990-EZ coverage
- 2016–2021
- Forms available
- Form 990-EZ 2021
- Location
- Los Gatos, CA, USA
- Phone
- 4085960490
- Rating confidence
- Limited
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $0
- Expenses
- $5,958
- Assets
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2021. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- SCOTT CANALI (President)
People named in this filing
- PAUL KENT (Treasurer)
- SCOTT CANALI (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 2021. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide free summer concerts to the residents of los gatos, California and the surrounding community. This entails selecting and booking artists, soliciting donations and engaging the public through social media
What it reported doing in 2021
Due to covid the organization was unable to fulfill it's purpose during 2021. In addition, the town of los gatos removed the ability of the organization to operate and fulfill it's exempt goal and purpose
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
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: 38
- Transparency & Controls: 82
- Sustainability: 7
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 0; rating input score 2; 2nd percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -47.3% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: -68.1% per year; rating input score 0; 4th percentile among comparable filings
- Asset growth: -28.4% per year; rating input score 0; 6th percentile among comparable filings
Details
- Where the money goes: 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $6K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 5 of 5 current checks pass
- Schedules: 3 filed schedules
- Filing history: 6 filing years from 2016 to 2021
- Contacts: How to reach this organization
- 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 2/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.