Salisbury Sinfonietta Inc
Nonprofit profile at a glance
- EIN
- 813252991
- IRS 990-EZ coverage
- 2017–2017
- Forms available
- Form 990-EZ 2017
- Location
- Salisbury, CT, USA
- Phone
- 8605964138
- Rating
- 83
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Symphony Orchestras
Reported finances
- Revenue
- $78,081
- Expenses
- $79,182
- Assets
- $108
- Liabilities
- $3,201
Source: IRS Form 990-EZ. Selected filing: tax year 2017. Amounts in USD.
Leadership & pay
7 people listed
People named in this filing
- JACK BOWMAN (CHAIR OF THE)
- ROBERT KELLY (EXECUTIVE DI)
- ELIZABETH ALLYN (SECRETARY)
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 2017. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To produce professional chamber orchestra performances of the salisbury sinfonietta with concerts of classic and light-classic music, oratorios, cantata and operas. To promote peace and better understanding among people of different religions and cultures by bringing musicians and scholars of the world to salisbury. To enhance music education for children and youth in the area through collaborative initiatives with area schools. To promote regional tourism and economic development.
What it reported doing in 2017
To produce professional chamber orchestra performances of the salisbury sinfonietta with concerts of classic and light-classic music, oratorios, cantata and operas.
Operating model
- Revenue model
- Donor-supported. 98% 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 expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 98
- Transparency & Controls: 82
- Sustainability: 27
- Growth: NotEnoughData
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 98%; rating input score 98
- Program expense ratio: 96.7%; rating input score 97
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -1.4%; rating input score 41; 41st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 3; 3rd percentile among comparable filings
- Liabilities to assets ratio: 29.64; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: Limited
- Asset growth: Limited
Details
- Where the money goes: 98% of revenue deployed · 96.7% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $77K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Total-asset coverage ratio scored 3/100.
- Moderate — Sustainability: Operating margin scored 41/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.