Orquesta Sinfonica Antonio Paoli Inc

Nonprofit profile at a glance

EIN
661023089
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-N 2022
Location
Caguas, PR, USA
Phone
7876378089
Rating
58
Verdict
MIXED
Rating confidence
Moderate
Sector
Symphony Orchestras

Reported finances

Revenue
$235,129
Expenses
$128,065
Assets
$112,866
Liabilities
$0

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

Leadership & pay

3 people listed

Executive titles in this filing

  • Eduardo Ortiz (President)

People named in this filing

  • Eduardo Ortiz (President)
  • Jeannette Carrasquillo (Treasurer)
  • Jannis M Gonzalez (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the Orquesta Sinfnica Antonio Paoli is to cultivate meaningful artistic and cultural experiences for disadvantaged youth in Puerto Rico by providing access to high-quality music education and performance opportunities. With a vision to establish a culturally relevant youth symphonic orchestra that endures for generations we are guided by the core values of cultural citizenship integrity and responsible stewardship.

What it reported doing in 2024

The Orquesta Sinfnica Antonio Paoli has made a meaningful impact by providing accessible music education mentorship and performance opportunities to disadvantaged youth across Puerto Rico fostering artistic growth and cultural pride. Through its outreach programs the orchestra has empowered young musicians with free or low-cost training and community engagement initiatives. In 2023 OSAP represented Puerto Rico at the prestigious Summa Cum Laude International Youth Music Festival in Vienna performing at the world-renowned Musikverein and engaging in cross-cultural exchange. These accomplishments reflect the orchestras commitment to cultural citizenship integrity and stewardship while nurturing a new generation of musicians and leaders.

Operating model

Revenue model
Donor-supported. 100% 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

MIXED - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 62
  • Transparency & Controls: 90
  • Accountability: 6
  • Sustainability: 71
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 52.8%; rating input score 53
  • Program expense ratio: 96.9%; rating input score 97
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
  • Governance controls: 1 of 7 controls in place; rating input score 14
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 45.5%; rating input score 90; 90th percentile among comparable filings
  • Total-asset coverage ratio: 0.88; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 80; 80th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 69; 69th percentile among comparable filings

Growth

  • Program expense growth: -62.6% per year; rating input score 0; 1st percentile among comparable filings
  • Revenue growth: -4.1% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: 180.4% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 52.8% of revenue deployed · 96.9% of spending went to programs
  • Governance: 0 of 3 board members independent · 1 of 7 filing controls reported
  • Programs: 3 filed program accomplishments · $124K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 41 of 41 current checks pass
  • Schedules: 2 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.

  • Review — Financial Efficiency: Mission deployment rate scored 53/100.
  • High — Accountability: Independent voting board scored 0/100.
  • High — Accountability: Governance controls: 5 of 6 not reported.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.