Prairie Ensemble
Nonprofit profile at a glance
- EIN
- 371364015
- IRS 990-EZ coverage
- 2010–2011
- Forms available
- Form 990-EZ 2011
- Location
- Champaign, IL, USA
- Phone
- 2173559077
- Rating
- 43
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Music Groups, Bands, Ensembles
Reported finances
- Revenue
- $68,905
- Expenses
- $72,307
- Assets
- $6,164
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Amounts in USD.
Leadership & pay
8 people listed
Source: IRS Form 990-EZ. Selected filing: tax year 2011. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To provide music and music education to the community.
What it reported doing in 2011
During the season's second concert, on Jan. 30, 2011 TPE presented The Club Concert in a campus nightclub accustomed to hosting hard rock & metal bands. In a true mix of cultures, wine-drinking classical music patrons mingled with beer-drinking college students & ordered pizza during the performance from staff trained to work with biker gangs. TPE had first done this in 2010 and was so happy with the attendees' response that we planned another in 2011. The second performance was even better reviewed.
Operating model
- Revenue model
- Donor-supported. 71% 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. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 20
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0.2%; rating input score 0
- Program expense ratio: 0.2%; rating input score 0
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -4.9%; rating input score 37; 37th percentile among comparable filings
- Total-asset coverage ratio: 0.09; rating input score 8; 8th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: Limited
Growth
- Program expense growth: -197.5% per year; rating input score 0; 3rd percentile among comparable filings
- Revenue growth: 4.9% per year; rating input score 100; 63rd percentile among comparable filings
- Asset growth: -46.4% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: 0.2% of revenue deployed · 0.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $150 in reported program spending
- Leadership: top reported pay $8K · 8 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2010 to 2011
- Money network: 1 filed money-flow record
- 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 — Financial Efficiency: Mission deployment rate scored 0/100.
- High — Financial Efficiency: Program expense ratio scored 0/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 37/100.
- High — Sustainability: Total-asset coverage ratio scored 8/100.
- High — Growth: Asset growth scored 0/100.