Moore County Choral Society Inc
Nonprofit profile at a glance
- EIN
- 561215184
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Southern Pines, NC, USA
- Phone
- 9109882561
- Rating
- 77
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $110,549
- Expenses
- $120,101
- Assets
- $147,687
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Jill Reed (Co-President)
- Rick Reed (Co-President)
People named in this filing
- Jill Reed (Co-President)
- Rick Reed (Co-President)
- Christine Smith (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 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purpose of the Moore County Choral Society is to provide interested persons in or near Moore County the opportunity to join the choir and rehearse and perform fine choral music. Also to increase the public awareness and appreciation of the musical arts, to educate, as well as entertain both performer and audience. And to undertake other programs, services and performances which encourage participation in, and appreciation of, other performing arts.
What it reported doing in 2024
Collaboration with professional choral Group SERVIRE to work with 3 local choirs and perform alone and with them and us at the Anniversary Concert
Operating model
- Revenue model
- Donor-supported. 66% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 94% 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 a large share of available resources goes toward mission work. A relatively small share of total spending goes to programs and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 100
- Sustainability: 35
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.9%; rating input score 64
- Program expense ratio: 58.3%; rating input score 58
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: -8.6%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 1.23; rating input score 66; 66th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 54.6% per year; rating input score 100; 92nd percentile among comparable filings
- Revenue growth: 33.9% per year; rating input score 100; 92nd percentile among comparable filings
- Asset growth: -4% per year; rating input score 0; 18th percentile among comparable filings
Details
- Where the money goes: 63.9% of revenue deployed · 58.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $70K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 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.
- Review — Financial Efficiency: Program expense ratio scored 58/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Growth: Asset growth scored 0/100.