Second City Chamber Series

Nonprofit profile at a glance

EIN
911019363
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2020
Location
Tacoma, WA, USA
Rating
45
Verdict
MIXED
Rating confidence
Moderate

Reported finances

Revenue
$62,898
Expenses
$51,712
Assets
$98,287
Liabilities
$434

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

Leadership & pay

4 people listed

Executive titles in this filing

  • Philip Pletcher (President)
  • Angelia Alexander (Vice President)

People named in this filing

  • Philip Pletcher (President)
  • Angelia Alexander (Vice President)
  • Rob Beck (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The promotion and encouragement of chamber music in and around the city of Tacoma Washington

What it reported doing in 2024

This seasons young chamber players program occurred duringthe first full week of july. It provides 5 full days of intensivestudy for advanced high school and middle school students. Atthe end of this week the students presented a concert for theirparents and community members. These students were coached bya resident ensemble of professional musicians who presenteddaily mini-concerts for the students. The other coaches werecollege students majoring in music covering the instrumentsthat were played by the young chamber players. The high schooland middle school students were accepted into the programafter they had applied to be in the program and completedqualifying auditions. Each student was placed in an appropriateensemble that was coached by its own advanced college studentsand members of the professional ensemble. The program served28 students from 15 different schools. The final concert waswell-attended. The best of the students formed a string quartetthat performed at the second city chamber series fund-raiser the following spring.

Operating model

Revenue model
Donor-supported. 70% of the money available for current operations came from contributions and gifts.
Distribution model
Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.

The verdict

MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 2
  • Transparency & Controls: 100
  • Sustainability: 63
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 3.1%; rating input score 3
  • Program expense ratio: Limited

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: 17.8%; rating input score 71; 71st percentile among comparable filings
  • Total-asset coverage ratio: 1.9; rating input score 64; 64th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 32; 32nd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -2.8% per year; rating input score 0; 41st percentile among comparable filings
  • Asset growth: 57% per year; rating input score 100; 96th percentile among comparable filings

Details

  • Where the money goes: 3.1% of revenue deployed
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments
  • Leadership: top reported pay $0 · 4 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • 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 — Financial Efficiency: Mission deployment rate scored 3/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.