Random Access Music Ltd
Nonprofit profile at a glance
- EIN
- 270295025
- IRS 990-EZ coverage
- 2016–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2016
- Location
- Astoria, NY, USA
- Phone
- 7185518244
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $54,398
- Expenses
- $43,179
- Assets
- $27,275
- Liabilities
- $550
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
4 people listed
Executive titles in this filing
- B ALLEN SCHULZ (PRESIDENT)
People named in this filing
- B ALLEN SCHULZ (PRESIDENT)
- DANIEL OLSON (TREASURER)
- THOMAS PIERCY (VP, ARTISTIC & EXEC 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
Promote and produce live chamber music by American composers at venues in Queens and NYC; foster collaboration between composers and performers; nurture connections among audiences, composers and musicians
What it reported doing in 2024
Production & presentation of 5 concerts featuring new works byNYC-based composers and other composers living in the USA.Local venues in Queens & Manhattan, NYC. 300 people benefited.
Operating model
- Revenue model
- Donor-supported. 99% 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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Sustainability: 55
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.4%; rating input score 74
- Program expense ratio: 93.7%; rating input score 94
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: 20.6%; rating input score 74; 74th percentile among comparable filings
- Total-asset coverage ratio: 0.63; rating input score 35; 35th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 26; 26th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 16.8% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 17.1% per year; rating input score 100; 88th percentile among comparable filings
- Asset growth: 29.3% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 74.4% of revenue deployed · 93.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $40K in reported program spending
- Leadership: top reported pay $0 · 4 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 9 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Sustainability: Total-asset coverage ratio scored 35/100.
- High — Sustainability: Liabilities to assets ratio scored 26/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.