Southwest Ohio Philharmonic Inc

Nonprofit profile at a glance

EIN
813800231
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Dayton, OH, USA
Phone
5139178436
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Symphony Orchestras

Official website

Reported finances

Revenue
$173,044
Expenses
$189,027
Assets
$18,567
Liabilities
$0

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

Leadership & pay

9 people listed

Executive titles in this filing

  • Dora Bronston (President)
  • Jackie Davis (Co-Vice President)
  • Gary Rasmussen (Co-Vice President)
  • Michael Shaffer (President Emeritus)

People named in this filing

  • Mike Arnold (Corresponding Secretary)
  • Dora Bronston (President)
  • Jackie Davis (Co-Vice President)

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

To provide professional symphonic music to communities in Southwest Ohio through diverse programming. Our youth orhestra (Northern Cincinnati Youth Orchestra) fosters and promotes the musical experience of its students as well as the international audiences to which they perform.

What it reported doing in 2024

The Northern Cincinnati Youth Orchestra gave performances in Rome, Florence and Cremona which were well attended by international audiences. The students visited a violin museum in Cremona and miscellaneous sites in Rome, the Vatican and Florence

Operating model

Revenue model
Membership-supported. 79% of the money available for current operations came from membership dues.
Distribution model
Member-benefit provider. The nonprofit used 99% of its reported program spending for member benefits.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 100
  • Sustainability: 23
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.9%; rating input score 89
  • Program expense ratio: 81.4%; rating input score 81

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: -9.2%; rating input score 16; 16th 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 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0.1%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: -6.9% per year; rating input score 0; 17th percentile among comparable filings
  • Revenue growth: -2.3% per year; rating input score 0; 13th percentile among comparable filings
  • Asset growth: 4.7% per year; rating input score 100; 44th percentile among comparable filings

Details

  • Where the money goes: 88.9% of revenue deployed · 81.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $154K in reported program spending
  • Leadership: top reported pay $0 · 9 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 16/100.
  • High — Sustainability: Total-asset coverage ratio scored 11/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.