Tango Mercurio Inc

Nonprofit profile at a glance

EIN
263451659
IRS 990-EZ coverage
2021–2025
Forms available
Form 990-EZ 2025
Location
Washington, DC, USA
Rating
87
Verdict
STRONG
Rating confidence
Moderate
Sector
Cultural, Ethnic Awareness

Reported finances

Revenue
$142,479
Expenses
$90,792
Assets
$84,481

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • RAMU PYREDDY (EXECUTIVE DIRECTOR)

People named in this filing

  • JONATHAN FERNANDES (CHAIR AND DIRECTOR)
  • CELINE ALLARD (TREASURER AND DIRECTOR)
  • NATALIE DONAHUE (SECRETARY AND DIRECTOR)

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

Arts education in argentine tango

What it reported doing in 2025

Outreach activities to promote engagement with the broader community including populations who would otherwise not be exposed to the dance and culture of argentine tango. Noteworthy events include: premiering in the dc area adatped tango classes for people with parkinson disease and other movement disorders; offering free classes at the university of Maryland campus in spring 2025; offering a free introductory class and demo at two non-profit dance studios in northeast dc the dance place nad joy of motion and inviting their teachers to one of our bootcamp weekend to train them to be tango teachers in their community; and hosting a free movie screening on the african roots of tango during black history month 2025.

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 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

STRONG - The filed numbers largely add up and a large share of available resources goes toward mission work. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 78
  • Transparency & Controls: 100
  • Sustainability: 58
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63.9%; rating input score 64
  • Program expense ratio: 100%; rating input score 100

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: 36.3%; rating input score 86; 86th percentile among comparable filings
  • Total-asset coverage ratio: 0.93; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 34.9%; rating input score 10; 10th percentile among comparable filings

Growth

  • Program expense growth: 21.9% per year; rating input score 100; 76th percentile among comparable filings
  • Revenue growth: 32.4% per year; rating input score 100; 91st percentile among comparable filings
  • Asset growth: 24.1% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: 63.9% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 3 filed program accomplishments · $91K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 6 of 6 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 5 filing years from 2021 to 2025
  • 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 — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 10/100.