Polyphony Foundation
Nonprofit profile at a glance
- EIN
- 275559473
- IRS 990-EZ coverage
- 2020–2020
- Forms available
- Form 990 2019, Form 990-EZ 2020
- Location
- Stamford, CT, USA
- Phone
- 2039798566
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- International Development
- Affiliation
- Judaism
Reported finances
- Revenue
- $152,548
- Expenses
- $306,280
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2020. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- TIMOTHY JESSELL (DIRECTOR)
- ALISA DOCTOROFF (DIRECTOR)
- BARBARA COHN (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 2020. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The polyphony foundation's purpose is to support programs that aim to bridge the divide between jewish and arab communities in israel through musical education initiatives and resulting performance opportunities.
What it reported doing in 2020
The organization, through its grantmaking activities, facilitates financial support for polyphony education ltd, an article 46 israeli not-for-profit organization, whose initiatives provide musical education and performance opportunities to members of jewish and arab communities within israel. The activities of polyphony education ltd aim to enrich the cultural life of the areas in which they operate, and also serve to promote positive interactions between communities that advance the vision of a shared israeli society. The specific programs that were supported in 2019 were as follows: the polyphony conservatory in nazareth provides first-class music instruction to over one hundred and thirty (130) of the region's most gifted and motivated youth; (ii) "alhan program", which provides opportunities for music education to nearly nine thousand (9000) arab and jewish students in underserved schools, with an emphasis on bringing arab and jewish students together through the shared appreciation of classical music and instrument instruction; (iii) the scholar-in-residence seminars, which bring one hundred eighty (180) advanced, young arab and jewish musicians together twice each year to form a youth orchestra and learn about the role of music and arts in advancing civil society; and (iv) the galilee chamber orchestra, a professional orchestra composed of an equal number of israel's advanced conservatory students and professional musicians.the organization ceased operations and dissolved during the short period.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Grant intermediary. The nonprofit sent 97% of its reported program spending out as grants.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 86
- Transparency & Controls: 100
- Sustainability: 9
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 63.7%; 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: -100.8%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -5.3% per year; rating input score 0; 12th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 50th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 63.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $195K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 4 filed schedules
- 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: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Sustainability: Total-asset coverage ratio scored 1/100.