Peninsula Youth Orchestra
Nonprofit profile at a glance
- EIN
- 912026763
- IRS 990-EZ coverage
- 2011–2024
- Forms available
- Form 990 2021, Form 990-EZ 2024
- Location
- Gig Harbor, WA, USA
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music Groups, Bands, Ensembles
Reported finances
- Revenue
- $81,466
- Expenses
- $78,473
- Assets
- $53,401
- Liabilities
- $7,800
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Shannon Perry (President and Director)
- Christie Jones (Executive Director)
People named in this filing
- Vern VanHouten (Director)
- Martina Mascali (Director)
- Shannon Perry (President and Director)
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
Peninsula Youth Orchestra seeks and trains young people to enjoy the many benefits of music-making in the context of a string orchestra. The organization balances nurture with rigor and compassion with excellence and is open to all.
What it reported doing in 2024
Before and After School Program: Weekly lessons provided during the months of September through May for four 4 levels from beginner to advanced for approximately 75 orchestra students
Operating model
- Revenue model
- Earned-program. 79% 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. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 88
- Transparency & Controls: 82
- Sustainability: 38
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 86.6%; rating input score 87
- Program expense ratio: 89.9%; rating input score 90
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 3.7%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 36; 36th percentile among comparable filings
- Liabilities to assets ratio: 0.15; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 30.6%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: -0.2% per year; rating input score 0; 47th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 52nd percentile among comparable filings
- Asset growth: -2.6% per year; rating input score 0; 30th percentile among comparable filings
Details
- Where the money goes: 86.6% of revenue deployed · 89.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $71K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- 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.
- Review — Sustainability: Operating margin scored 52/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.