Nova Chamber Music Series
Nonprofit profile at a glance
- EIN
- 870345040
- IRS 990-EZ coverage
- 2014–2024
- Forms available
- Form 990-EZ 2024
- Location
- Salt Lake City, UT, USA
- Phone
- 8015136560
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Youth Development Programs
Reported finances
- Revenue
- $188,247
- Expenses
- $140,860
- Assets
- $169,086
- Liabilities
- $13,494
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JANELL WEINSTOCK (President)
- PAUL WATKINS (Vice President)
- PAMELA LITTIG (Vice President)
People named in this filing
- JANELL WEINSTOCK (President)
- RICHARD SHEINBERG (VP / TREASURER)
- PAUL WATKINS (Vice President)
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 NOVA Chamber Music Series (NOVA) is a 501(c)3, non-profit corporation dedicated to presenting chamber music played by the finest resident musicians of Utah. Founded in 1977, NOVA is Utahs longest-running chamber music series and has a distinguished history of thoughtful and innovative programming. NOVA's programming includes five components: 1) The Libby Gardner Hall Series; 2) The Galley Series; 3)Nova's educational and outreach program, The NOVA Music Project for public elementary and junior high students; 4) Free community chamber music concerts performed throughout the Wasatch Front; and 5) Special Event presented in collaboration with select humanities organizations.
What it reported doing in 2024
The nova music project, the educational and outreach program for public elementary and junior high students
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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 54
- Transparency & Controls: 100
- Sustainability: 62
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 48.3%; rating input score 48
- Program expense ratio: 64.5%; rating input score 64
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: 25.2%; rating input score 79; 79th percentile among comparable filings
- Total-asset coverage ratio: 1.2; rating input score 65; 65th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 7.1%; rating input score 22; 22nd percentile among comparable filings
Growth
- Program expense growth: 1.4% per year; rating input score 100; 34th percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 15.7% per year; rating input score 100; 74th percentile among comparable filings
Details
- Where the money goes: 48.3% of revenue deployed · 64.5% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $91K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 11 filing years from 2014 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 48/100.
- High — Sustainability: Officer compensation ratio scored 22/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.