Okemos Music Patrons

Nonprofit profile at a glance

EIN
382485477
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
Okemos, MI, USA
Phone
5177064900
Rating
77
Verdict
SUPPORTED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$51,083
Expenses
$29,386
Assets
$240,235
Liabilities
$2,203

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • TOM BUFFETT (VICE-PRESIDENT)
  • SHANA KILLIPS (PRESIDENT)

People named in this filing

  • MARK STICE (BOARD MEMBER)
  • HAOMIN CHEN (BOARD MEMBER)
  • DEREK MOY (BOARD MEMBER)

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

To promote, enrich, support, and stimulate excellence in k-12 music programs in okemos public schools and to nurture the artistic spirit of students and teachers by providing comprehensive musical experiences for all students, empowering them to explore their passions and talents.

What it reported doing in 2024

Over the 2024-2025 year okemos music patrons (omp) has made significant contributions to supporting and enhancing musical excellence within the okemos school district. Through a variety of initiatives, we have provided invaluable resources, opportunities, and support for both students and educators in our district. Our notable accomplishments include: supporting sectional instruction: okemos music patrons funded specialized sectional teachers, for the district band and orchestra programs partnering with Michigan state university music educators to ensure our district students receive high-quality, targeted instruction.

Operating model

Revenue model
Donor-supported. 65% of the money available for current operations came from contributions and gifts.
Distribution model
Hybrid. The nonprofit split its reported program spending across 63% for direct work, and 37% for grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and liabilities are high compared with assets.

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 62.3%; rating input score 62
  • Program expense ratio: 96.8%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 42.5%; rating input score 88; 88th percentile among comparable filings
  • Total-asset coverage ratio: 8.18; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 29; 29th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -14.4% per year; rating input score 0; 22nd percentile among comparable filings
  • Revenue growth: 6.1% per year; rating input score 100; 74th percentile among comparable filings
  • Asset growth: 14.2% per year; rating input score 100; 80th percentile among comparable filings

Details

  • Where the money goes: 62.3% of revenue deployed · 96.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 12 filed program accomplishments · $28K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 2 filing years from 2023 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 29/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.