Sybarite Chamber Players Ltd
Nonprofit profile at a glance
- EIN
- 020768957
- IRS 990 coverage
- 2013–2024
- Forms available
- Form 990 2024, Form 990-EZ 2012, Form 990-N 2007
- Location
- Bronx, NY, USA
- Phone
- 6466756630
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $154,472
- Expenses
- $154,758
- Assets
- $16,295
- Liabilities
- $31,527
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- LOUIS LEVITT (PRESIDENT/EXECUTIVE DIRECT)
Highest reported compensation
- LOUIS LEVITT (PRESIDENT/EXECUTIVE DIRECT): $41,730 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
A chamber music organization promoting classical and contemporary music and expanding the repertoire for string quintet (2 violins, viola, cello & bass)
What it reported doing in 2024
State concert tour and educational outreach tour performing and promoting new works for string quintet.
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.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 85
- Accountability: 78
- Sustainability: 22
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.8%; rating input score 93
- Program expense ratio: 92.7%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 88.9%; rating input score 89; 24th percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -0.2%; rating input score 38; 38th percentile among comparable filings
- Total-asset coverage ratio: 0.11; rating input score 7; 7th percentile among comparable filings
- Liabilities to assets ratio: 1.93; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 27%; rating input score 13; 13th percentile among comparable filings
Growth
- Program expense growth: -2.3% per year; rating input score 0; 23rd percentile among comparable filings
- Revenue growth: 1.8% per year; rating input score 100; 34th percentile among comparable filings
- Asset growth: 6.5% per year; rating input score 100; 54th percentile among comparable filings
Details
- Where the money goes: 92.8% of revenue deployed · 92.7% of spending went to programs
- Governance: 8 of 9 board members independent · 5 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $143K in reported program spending
- Leadership: top reported pay $42K · 10 people listed
- Consistency: 20 of 21 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 10 filing years from 2013 to 2024
- Contacts: How to reach this organization
- Money network: 2 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.
- Review — Accountability: Governance controls: 2 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 38/100.
- High — Sustainability: Total-asset coverage ratio scored 7/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Sustainability: Officer compensation ratio scored 13/100.