Melbourne Chamber Music Society Inc
Nonprofit profile at a glance
- EIN
- 591812342
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- Indialantic, FL, USA
- Phone
- 3212135100
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $113,958
- Expenses
- $78,542
- Assets
- $259,963
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- Diane Taylor (President)
- Xiaodi Chen (Vice President)
People named in this filing
- Diane Taylor (President)
- Xiaodi Chen (Vice President)
- Jeffery Sexton (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 purpose of the melbourne chamber music society is to sponsor and arrange chamber music recitals of the highest caliber in a concert series for the benefit of its members and the community. The groups presented are recognized for their excellence at either the national or international level.
What it reported doing in 2024
For the July 2024 through June 2025 Fiscal Year Season, the Melbourne Chamber Music Society provided six regular Season Concerts, as well as a sponsored Student Concert to showcase area high school and college age musicians.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. No material rating questions were generated from the available inputs.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Sustainability: 83
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 71.1%; rating input score 71
- 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: 31.1%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 3.31; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 6.1% per year; rating input score 100; 51st percentile among comparable filings
- Revenue growth: 17.1% per year; rating input score 100; 80th percentile among comparable filings
- Asset growth: 10.8% per year; rating input score 100; 63rd percentile among comparable filings
Details
- Where the money goes: 71.1% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $79K in reported program spending
- Leadership: top reported pay $0 · 11 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.