Seattle Metropolitan Chamber Orchestra

Nonprofit profile at a glance

EIN
272107541
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Seattle, WA, USA
Phone
2063937400
Rating
96
Verdict
STRONG
Rating confidence
Moderate
Sector
Symphony Orchestras

Reported finances

Revenue
$62,573
Expenses
$78,785
Assets
$7,537
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

4 people listed

Executive titles in this filing

  • Steven M Reeder (President, Board of Directors)

People named in this filing

  • Steven M Reeder (President, Board of Directors)
  • Marcia Johnson (Member, Board of Directors)
  • Andrew Fox (Member, Board of Directors)

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

The Seattle Metropolitan Chamber Orchestra crafts performances that tell the story of the human experience in new ways, providing musical arts education and fulfillment to people of all walks of life. SMCO features music by composers of under-represented groups, such as women and people of color, on every performance. Focusing on themes relevant to our world, SMCO engages young and diverse new listeners. SMCO connects communities through multi-genre collaborations and explores new worlds of musical possibility with adventurous, experimental projects.

What it reported doing in 2024

The Seattle Metropolitan Chamber Orchestra's performances each feature music by composers of under-represented groups, such as women and people of color. The orchestra gave seven performances in the 2024 Tax Year, featuring a variety of soloists and cross-genre collaborations.

Operating model

Revenue model
Donor-supported. 86% 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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 22
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 97.2%; rating input score 97

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: -25.9%; rating input score 20; 20th percentile among comparable filings
  • Total-asset coverage ratio: 0.1; rating input score 11; 11th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 4.7%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 21% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 18.9% per year; rating input score 100; 89th percentile among comparable filings
  • Asset growth: 25.1% per year; rating input score 100; 89th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 97.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $77K in reported program spending
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 6 filing years from 2019 to 2024
  • Contacts: How to reach this organization
  • 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 — Sustainability: Operating margin scored 20/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.