Musica Nova Inc
Nonprofit profile at a glance
- EIN
- 113682567
- IRS 990-EZ coverage
- 2011–2023
- Forms available
- Form 990-EZ 2023
- Location
- Phoenix, AZ, USA
- Phone
- 4805593656
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Symphony Orchestras
Reported finances
- Revenue
- $96,801
- Expenses
- $76,406
- Assets
- $55,131
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
13 people listed
People named in this filing
- Robert Leger (Chairman)
- Jill Osborne (Secretary)
- GARY MOSS (Director)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Music Performance and Education
What it reported doing in 2023
MusicaNova produced or took part in seven concerts in 2023-24: Oct. 8, 2023, at the Musical Instrument Museum: Mozart the Plagiarist examined similarities between Joseph Haydns Symphony no. 13 and Amadeus Mozarts later Symphony no. 41. The world premiere of River Sawchyns Finding Light used elements common in both pieces. Alan Belkins Viola Concerto also received it world premiere.Nov. 5, 2023, at Saint Anthony on the Desert: The Other Side of the Looking Glass featured the MNO String Quartet playingworks by Caroline Shaw, Joseph Haydn and Alexander Borodin.Dec. 3, 2023, at Saint Anthony on the Desert: Holidays with the Sonoran Flutes. Holiday music performed by a flute trio. Jan. 22, 2024, at the Musical Instrument Museum. Finished Unfinished included William Carragans completion of Franz Schuberts Symphony in B minor (Unfinished) and Anton Bruckners Symphony in F minor. March 24, 2024, at the Musical Instrument Museum: Dead Elvis included the title piece by Michael Daugherty, featuring principal bassoon Kristilyn Woods as the soloist in a sequined jumpsuit; Kristin Fray and Anthony Masiello in Franz Krommers Concerto no. 2 for Two Clarinets; Peggy Glanville-Hicks Three Gymnopdies; and Haydns Symphony no. 98. April 21, 2024, at Saint Anthony on the Desert: Heidi Hernandez enchanted the audience with pieces written for the harp, including her originals. May 2024: Sixteen members of the orchestra sat side-by-side with their student counterparts for Harmony Project Phoenixs year-end concert. Educational efforts were focused Arizona School for the Arts and Scottsdale Christian Academy.
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
STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 69
- Transparency & Controls: 100
- Sustainability: 48
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 63.1%; rating input score 63
- Program expense ratio: 80%; rating input score 80
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 21.1%; rating input score 75; 75th percentile among comparable filings
- Total-asset coverage ratio: 0.72; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 1.2%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 5.1% per year; rating input score 100; 63rd percentile among comparable filings
- Revenue growth: 1% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 63.1% of revenue deployed · 80% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $61K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 4 filed schedules
- Filing history: 11 filing years from 2011 to 2023
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 12/100.