Singnasium Inc
Nonprofit profile at a glance
- EIN
- 821220128
- IRS 990-EZ coverage
- 2017–2025
- Forms available
- Form 990-EZ 2025
- Location
- New York, NY, USA
- Phone
- 6463977012
- Rating
- 42
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Singing, Choral
Reported finances
- Revenue
- $156,020
- Expenses
- $156,230
- Assets
- $15,432
- Liabilities
- $13
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Lenard A Watts (President)
- Kay Love (Vice President)
People named in this filing
- Lenard A Watts (President)
- Kay Love (Vice President)
- Kim Grogg (Board Member)
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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To support New York City vocal artists
What it reported doing in 2025
Singnasium keeps the arts alive by helping vocal artists thrive and runs an outreach program in the community.
Operating model
- Revenue model
- Earned-program. 71% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Member-benefit provider. The nonprofit used 74% of its reported program spending for member benefits.
The verdict
MIXED - The filed numbers largely add up. 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: 13
- Transparency & Controls: 82
- Sustainability: 24
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 12.9%; rating input score 13
- Program expense ratio: 12.8%; rating input score 13
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -0.1%; rating input score 30; 30th percentile among comparable filings
- Total-asset coverage ratio: 0.1; rating input score 12; 12th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 46; 46th percentile among comparable filings
- Officer compensation ratio: 46.1%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: -9.5% per year; rating input score 0; 16th percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 55th percentile among comparable filings
- Asset growth: -17.7% per year; rating input score 0; 7th percentile among comparable filings
Details
- Where the money goes: 12.9% of revenue deployed · 12.8% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $20K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2017 to 2025
- 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 — Financial Efficiency: Mission deployment rate scored 13/100.
- High — Financial Efficiency: Program expense ratio scored 13/100.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 30/100.
- High — Sustainability: Total-asset coverage ratio scored 12/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 46/100.