Scott Joplin International Ragtime Foundation Inc
Nonprofit profile at a glance
- EIN
- 431265700
- IRS 990-EZ coverage
- 2011–2023
- Forms available
- Form 990-EZ 2023
- Location
- Sedalia, MO, USA
- Phone
- 6608262271
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $133,891
- Expenses
- $165,178
- Assets
- $107,318
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- JOHN SIMMONS (PRESIDENT)
People named in this filing
- JOHN SIMMONS (PRESIDENT)
- DOUG FREED (DIRECTOR)
- KYLE HERRICK (TREASURER)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The foundations mission is to promote an understanding and appreciation of scott joplin's contributions to ragtime music, along with the historic importance in connection with sedalia, Missouri.
What it reported doing in 2023
The foundaton produces a multi day music festival in downtown sedalia, Missouri, featuring concerts, symposiums and dancing.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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. Expenses are high relative to revenue and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 24
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 83.9%; rating input score 84
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: -23.4%; rating input score 7; 7th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 10.4% per year; rating input score 100; 61st percentile among comparable filings
- Revenue growth: 1.1% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: -1% per year; rating input score 0; 24th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 83.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $139K in reported program spending
- Leadership: top reported pay $0 · 16 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 3 filed schedules
- Filing history: 13 filing years from 2011 to 2023
- 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 — Sustainability: Operating margin scored 7/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.