Pasadena Young Musicians Orchestra

Nonprofit profile at a glance

EIN
953880966
IRS 990-EZ coverage
2010–2010
Forms available
Form 990-EZ 2010
Location
Pasadena, CA, USA
Phone
6264031086
Rating
80
Verdict
STRONG
Rating confidence
Limited
Sector
Symphony Orchestras

Official website

Reported finances

Revenue
$80,007
Expenses
$84,596
Assets
$79,881

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Amounts in USD.

Leadership & pay

8 people listed

Source: IRS Form 990-EZ. Selected filing: tax year 2010. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Musical training to high school Jr college aged students

What it reported doing in 2010

Concert Tour: Provides concert training for gifted young instrumentalists of high school & jr college age Program in 2010 included 85 orchestra members from 23 schools with diverse economic and ethnic backgrounds Concert Tour: Provides concert training for gifted young instrumentalists of high school & jr college age Orchestra members represent 32 different schools with diverse economic and ethnic backgrounds 2008 concert yr featured 103 students This is PYMO's 51st year of performances

Operating model

Revenue model
Earned-program. 94% of the money available for current operations came from fees and other program revenue.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 91
  • Transparency & Controls: 82
  • Sustainability: 31
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.9%; rating input score 93
  • Program expense ratio: 88.1%; rating input score 88

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 50th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -5.7%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 0.94; rating input score 48; 48th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 92.9% of revenue deployed · 88.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $75K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 2 filed schedules
  • 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • Moderate — Sustainability: Operating margin scored 36/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • High — Grant Readiness: California registration: this organization is not authorized to operate as a charity in California.