Stas Venglevski Music Foundation
Nonprofit profile at a glance
- EIN
- 923882379
- IRS 990-EZ coverage
- 2024–2025
- Forms available
- Form 990-EZ 2025, Form 990-N 2023
- Location
- Pasadena, TX, USA
- Phone
- 6317644958
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities
Reported finances
- Revenue
- $48,709
- Expenses
- $63,661
- Assets
- $101,167
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Stanislav Venglevski (PRESIDENT)
People named in this filing
- Stanislav Venglevski (PRESIDENT)
- Konstantin Efimov (VICEPRESIDENT)
- MEGUMI HADA (SECRETARY 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 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To inspire and educate young musicians by providing opportunities to learn, perform, compose, and develop their artistic skills through music retreats, workshops, and public performances.
What it reported doing in 2025
The organization supported its exempt purpose by promoting music education, cultural exchange, and artistic development. Through music retreats, international collaborations, educational workshops, and performance opportunities, the foundation engaged musicians of all ages and backgrounds. These programs fostered public appreciation for the fine arts and empowered participants to develop their musical and creative talents.
Operating model
- Revenue model
- Donor-supported. 63% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 96% 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.
The verdict
SUPPORTED - 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: 52
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.4%; rating input score 57
- Program expense ratio: 43.9%; rating input score 44
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -30.7%; rating input score 17; 17th percentile among comparable filings
- Total-asset coverage ratio: 1.59; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -76.8% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: -106.7% per year; rating input score 0; 2nd percentile among comparable filings
- Asset growth: -13.8% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 57.4% of revenue deployed · 43.9% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $28K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 2 filed schedules
- Filing history: 2 filing years from 2024 to 2025
- Contacts: How to reach this organization
- 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.
- Review — Financial Efficiency: Mission deployment rate scored 57/100.
- Moderate — Financial Efficiency: Program expense ratio scored 44/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 17/100.
- High — Growth: Asset growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.