St Lukes Chamber Ensemble Inc

Nonprofit profile at a glance

EIN
510201839
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2125946100
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Music Groups, Bands, Ensembles

Official website

Reported finances

Revenue
$12,629,230
Expenses
$11,388,675
Assets
$46,672,045
Liabilities
$556,106

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

Leadership & pay

33 people listed

Executive titles in this filing

  • JAMES ROE (PRESIDENT & EXECUTIVE DIRECTOR)
  • DAVID WEBBER (VICE-PRESIDENT, FINANCE & ADMIN.)
  • ALICIA BENOIST (VICE-PRESIDENT, DEVELOPMENT)
  • VALERIE BRODERICK (VICE-PRESIDENT AND GM)
  • STEPHEN LITNER (VICE-PRESIDENT, MARKETING)

Highest reported compensation

  • JAMES ROE (PRESIDENT & EXECUTIVE DIRECTOR): $330,973 total reported compensation
  • DAVID WEBBER (VICE-PRESIDENT, FINANCE & ADMIN.): $201,505 total reported compensation
  • ALICIA BENOIST (VICE-PRESIDENT, DEVELOPMENT): $175,048 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The orchestra of st. Luke's (osl) presents year-round concerts and educational programs and operates the dimenna center for classical music, a state-of-the-art facility for the rehearsal, recording, education, and performance needs of New York city's music industry.

What it reported doing in 2024

Education and community engagement: with the belief that participation in music strengthens communities, osl offers music programs and interaction with world-class osl musicians to children and adults throughout New York city, regardless of financial resources. Programs include in- and after-school intensive orchestral ensemble classes for students in the clinton neighborhood of manhattan, most of whom are on free or reduced lunch, as a way to develop musical, leadership, teamwork, and academic skills; free community performances in all five boroughs (continued on schedule o).and the dimenna center; and free school concerts for 10,000 New York city schoolchildren annually, featuring works by composers of color; professional development for nyc music and classroom teachers; and a pre-professional mentorship program, in which advanced students from music conservatories are mentored by osl musicians and presented in our young artist series at the dimenna center.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 89
  • Accountability: 95
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 82.9%; rating input score 83
  • Program expense ratio: 90.8%; rating input score 91
  • Fundraising efficiency: $10.08 raised per $1 spent on fundraising; rating input score 38; 38th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 5 of 6 controls in place; rating input score 83
    • Compensation committee: Missing
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 92.3%; rating input score 92; 25th percentile among comparable filings
  • Governance controls: 8 of 8 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 9.8%; rating input score 67; 67th percentile among comparable filings
  • Total-asset coverage ratio: 4.1; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.01; rating input score 92; 92nd percentile among comparable filings
  • Officer compensation ratio: 11.7%; rating input score 15; 15th percentile among comparable filings

Growth

  • Program expense growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
  • Revenue growth: 3.8% per year; rating input score 100; 33rd percentile among comparable filings
  • Asset growth: 1.2% per year; rating input score 100; 14th percentile among comparable filings

Details

  • Where the money goes: 82.9% of revenue deployed · 90.8% of spending went to programs
  • Governance: 24 of 26 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $10.3M in reported program spending
  • Leadership: top reported pay $331K · 33 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 36 of 36 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 11 filed money-flow records
  • 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 15/100.