Sangamon Valley Youth Symphony

Nonprofit profile at a glance

EIN
371239463
IRS 990-EZ coverage
2017–2018
Forms available
Form 990-EZ 2018
Location
Springfield, IL, USA
Phone
2177538000
Rating
65
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Symphony Orchestras

Official website

Reported finances

Revenue
$123,827
Expenses
$123,021
Assets
$55,421
Liabilities
$10,733

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • PAUL SULLIVAN (PRESIDENT)

People named in this filing

  • JACKIE MITRA (EXECUTIVE DI)
  • JEAN TWEET (MUSIC TEACHE)
  • PAUL SULLIVAN (PRESIDENT)

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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The sangamon valley youth symphony was created by concerned parents, music teachers and musicians to keep a student orchestra program alive in this community. In the early 1970s the springfield area schools eliminated all school orchestra programs. Without intervention, a new generation of youth would have experienced a serious void in the arts. Known initially as the springfield area youth symphony, the sangamon valley youth symphony has existed since then as a private, not-for-profit organization providing the only classical orchestral experience at the elementary and secondary levels in sangamon county. The svys continues to fulfill its mission by recently adding a starter strings program for very young grade school students, and an adult community orchestra to provide continuing musical opportunities for svys alumni and other community members. The mission of the sangamon valley youth symphony is: - to provide quality, diverse, rewarding and challenging musical experiences to its m

What it reported doing in 2018

Four skill level performance groups (approximately 150 students) practicing weekly and performing twice during the year. Starter strings (approximately 140 students) practicing weekly and performing twice during the year. Adult (community) orchestra (approximately 60 members) practicing weekly and performing twice during the year.

Operating model

Revenue model
Earned-program. 63% 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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. 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: 55
  • Transparency & Controls: 82
  • Sustainability: 33
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 54.6%; rating input score 55
  • Program expense ratio: 55%; rating input score 55

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 0.7%; rating input score 36; 36th percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 37; 37th percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 17.7%; rating input score 19; 19th percentile among comparable filings

Growth

  • Program expense growth: 1.8% per year; rating input score 100; 38th percentile among comparable filings
  • Revenue growth: -1.9% per year; rating input score 0; 18th percentile among comparable filings
  • Asset growth: 16.6% per year; rating input score 100; 73rd percentile among comparable filings

Details

  • Where the money goes: 54.6% of revenue deployed · 55% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $68K in reported program spending
  • Leadership: top reported pay $0 · 17 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2017 to 2018
  • 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.

  • Review — Financial Efficiency: Mission deployment rate scored 55/100.
  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 36/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
  • High — Sustainability: Officer compensation ratio scored 19/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.