Mask & Wig Club (of the Univ of Pa)

Nonprofit profile at a glance

EIN
231334963
IRS 990 coverage
2014–2024
Forms available
Form 990 2024, Form 990-T 2024
Location
Philadelphia, PA, USA
Phone
6104956656
Rating
72
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Theater

Official website

Reported finances

Revenue
$878,091
Expenses
$506,439
Assets
$5,404,745
Liabilities
$9,000

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

Leadership & pay

6 people listed

Executive titles in this filing

  • MR KYLE S KOZLOFF (PRESIDENT)

People named in this filing

  • MR KEVIN FEELEY (VICE PRESIDE)
  • MR MICHAEL C GOLISANO (SECRETARY)
  • MR PETER R KOHN (HISTORIAN)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mask & wig club's purpose is to foster the dramatic interests of the university of Pennsylvania, and to promote friendship among its members. Each year since 1889, the club has produced an original musical comedy featuring undergraduates of the university. The undergraduates contribute to all aspects of the production through participation in the cast, band, stage crew, writing staff, and business staff. The club is overseen by a board of governors, comprised of matriculated participants and current undergraduates. The club performs in the city of philadelphia (18 shows), and travels to alumni clubs of the university of Pennsylvania (5 shows). The show is seen by 3,000 to 4,000 people.

What it reported doing in 2024

Performance of an original musical comedy by undergraduates. These performances were viewed by several thousand people.

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 most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 55
  • Transparency & Controls: 90
  • Accountability: 70
  • Sustainability: 88
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 46.9%; rating input score 47
  • Program expense ratio: 87.6%; rating input score 88
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 2 of 7 controls in place; rating input score 29
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 42.3%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 10.67; rating input score 92; 92nd percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 78; 78th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 81; 81st percentile among comparable filings

Growth

  • Program expense growth: 1.3% per year; rating input score 100; 23rd percentile among comparable filings
  • Revenue growth: 6.8% per year; rating input score 100; 54th percentile among comparable filings
  • Asset growth: 2.5% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 46.9% of revenue deployed · 87.6% of spending went to programs
  • Governance: 18 of 18 board members independent · 2 of 7 filing controls reported
  • Programs: 2 filed program accomplishments · $444K in reported program spending
  • Leadership: top reported pay $0 · 6 people listed
  • Consistency: 24 of 24 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 10 filing years from 2014 to 2024
  • 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.

  • Moderate — Financial Efficiency: Mission deployment rate scored 47/100.
  • High — Accountability: Governance controls: 5 of 7 not reported.