Lute Society of America Inc
Nonprofit profile at a glance
- EIN
- 042795467
- IRS 990-EZ coverage
- 2021–2025
- Forms available
- Form 990 2015, Form 990-EZ 2025
- Location
- Natick, MA, USA
- Phone
- 9153560207
- Rating
- 62
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Music Groups, Bands, Ensembles
Reported finances
- Revenue
- $111,638
- Expenses
- $84,382
- Assets
- $461,948
- Liabilities
- $81,197
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- MARK RIMPLE (PRESIDENT)
- ANDREW FLORY (VICE PRESIDENT)
People named in this filing
- MARK RIMPLE (PRESIDENT)
- ANDREW FLORY (VICE PRESIDENT)
- JOHN CHESSA (TREASURER)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A membership organization that shares and disseminates music for lute and related plucked instruments. Holds a biennial festival open to all members as well as a lute rental program for people who want to study the lute. The organization publishes quarterly newsletters, an annual journal and has a website on the internet.
What it reported doing in 2025
Lsa publications
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
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. 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: 45
- Transparency & Controls: 82
- Sustainability: 69
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39.1%; rating input score 39
- Program expense ratio: 55.6%; rating input score 56
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 24.4%; rating input score 76; 76th percentile among comparable filings
- Total-asset coverage ratio: 5.47; rating input score 96; 96th percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 17; 17th percentile among comparable filings
- Officer compensation ratio: 9.8%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: -0.3% per year; rating input score 0; 28th percentile among comparable filings
- Revenue growth: 3.3% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 10.4% per year; rating input score 100; 60th percentile among comparable filings
Details
- Where the money goes: 39.1% of revenue deployed · 55.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $47K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2021 to 2025
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 39/100.
- Review — Financial Efficiency: Program expense ratio scored 56/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 17/100.
- High — Sustainability: Officer compensation ratio scored 22/100.