Musica Sacra of New York Inc
Nonprofit profile at a glance
- EIN
- 132764154
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2123307684
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $640,361
- Expenses
- $576,899
- Assets
- $128,049
- Liabilities
- $62,626
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- MARK HANKE (EXECUTIVE DIRECTOR)
- BRITTNEY WETZEL STEWART (PRESIDENT)
Highest reported compensation
- MARK HANKE (EXECUTIVE DIRECTOR): $66,625 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The mission of musica sacra is to create definitive, professional, choral performances of the highest caliber for the widest possible audience.musica sacra, inc. (a/k/a "musica sacra of New York, inc.") was founded in 1964 and incorporated in 1973 as a non-profit organization by the late richard westenburg. It presents a paid admission series of professionally performed, critically acclaimed choral concerts, and furthers its mission through recording, commissioning new works, collaborating with other top-tier performing arts organizations, and educating audiences, students, and the general public in the history and appreciation of choral music. Musica sacra holds a preeminent position among choral organizations nationwide.
What it reported doing in 2024
Musica sacra presented three concerts as part of their self-produced season on october 16, 2024 at st. Ignatius loyola, december 18, 2024 at carnegie hall, and april 1, 2025 at st. John the divine. Musica sacra presented educational engagement workshops at title 1 schools in New York city including wadleigh secondary school and fiorello h. Laguardia high school. Musica sacra also collaborated with performing arts organizations including the los angeles philharmonic, the ny philharmonic, New York city ballet, and juilliard.
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.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 92
- Accountability: 90
- Sustainability: 37
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 80%; rating input score 80
- Program expense ratio: 88.8%; rating input score 89
- Fundraising efficiency: $15.07 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings
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: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 9.9%; rating input score 61; 61st percentile among comparable filings
- Total-asset coverage ratio: 0.22; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.49; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 11.5%; rating input score 32; 32nd percentile among comparable filings
Growth
- Program expense growth: 0.9% per year; rating input score 100; 21st percentile among comparable filings
- Revenue growth: -1.6% per year; rating input score 0; 10th percentile among comparable filings
- Asset growth: 1.7% per year; rating input score 100; 24th percentile among comparable filings
Details
- Where the money goes: 80% of revenue deployed · 88.8% of spending went to programs
- Governance: 15 of 15 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $512K in reported program spending
- Leadership: top reported pay $67K · 17 people listed
- Consistency: 25 of 25 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 13 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: Fundraising efficiency scored 51/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- Moderate — Sustainability: Officer compensation ratio scored 32/100.