New Conductors Orchestra Inc
Nonprofit profile at a glance
- EIN
- 842335544
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- New York, NY, USA
- Phone
- 6463423719
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $69,826
- Expenses
- $70,584
- Assets
- $33,179
- Liabilities
- $266
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
People named in this filing
- ANDREA BERGER (VICE CHAIR / SECRETARY)
- DAN DICKER (TREASURER)
- ALAN FUTERFAS (CHAIR OF THE BOARD)
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 mission of the new conductors orchestra (nco) is to establish an ensemble of talented amateur and professional musicians that serves as a platform for up-and-coming conductors. In addition to performing standard repertoire, the nco features works by living composers and performances by up-and-coming composers, which attracts and engages a broad audience of music lovers.
What it reported doing in 2024
Nco supports & encourages the next generation of talented conductors and composers by offering a platform for honing their skills, featuring their works and giving the orchestra a fresh, stimulating challenge each time it rehearses and performs. The season includes three concerts series annually with two concerts in each to showcase these talents.
Operating model
- Revenue model
- Donor-supported. 78% of the money available for current operations came from contributions and gifts.
- 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 80
- Transparency & Controls: 100
- Sustainability: 38
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 79.6%; rating input score 80
- Program expense ratio: 78.8%; rating input score 79
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: -1.1%; rating input score 42; 42nd percentile among comparable filings
- Total-asset coverage ratio: 0.47; rating input score 28; 28th percentile among comparable filings
- Liabilities to assets ratio: 0.01; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 20.6% per year; rating input score 100; 82nd percentile among comparable filings
- Revenue growth: 10.4% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 14.4% per year; rating input score 100; 80th percentile among comparable filings
Details
- Where the money goes: 79.6% of revenue deployed · 78.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $56K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 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.
- 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: Operating margin scored 42/100.
- High — Sustainability: Total-asset coverage ratio scored 28/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.