Sioux City Concert Course
Nonprofit profile at a glance
- EIN
- 426058634
- IRS 990 coverage
- 2010–2012
- Forms available
- Form 990 2012
- Location
- Sioux City, IA, USA
- Phone
- 7122772834
- Rating confidence
- Limited
- Sector
- Music
Reported finances
- Revenue
- $46,487
- Expenses
- $54,327
- Assets
- $32,382
- Liabilities
- $516
Source: IRS Form 990. Selected filing: tax year 2012. Amounts in USD.
Leadership & pay
10 people listed
Source: IRS Form 990. Selected filing: tax year 2012. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Sponsor musical performances
What it reported doing in 2012
Sponsors the performance of musical artists to enhance the cultural opportunities of the area.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 100
- Accountability: 70
- Sustainability: 28
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 60th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 65th percentile among comparable filings
- Governance controls: 2 of 9 controls in place; rating input score 29
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Limited
- Other executive compensation review process: Limited
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -16.9%; rating input score 39; 39th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 19; 19th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 34; 34th percentile among comparable filings
- Officer compensation ratio: Limited
Growth
- Program expense growth: Limited
- Revenue growth: -9.4% per year; rating input score 0; 43rd percentile among comparable filings
- Asset growth: -29.3% per year; rating input score 0; 12th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: 9 of 9 board members independent · 2 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $40K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2010 to 2012
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Governance controls: 4 of 6 not reported.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 39/100.
- High — Sustainability: Total-asset coverage ratio scored 19/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 34/100.