Tempesta Di Mare Inc
Nonprofit profile at a glance
- EIN
- 233013869
- IRS 990 coverage
- 2015–2024
- Forms available
- Form 990 2024
- Location
- Philadelphia, PA, USA
- Phone
- 2157558776
- Rating
- 68
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $944,053
- Expenses
- $421,081
- Assets
- $804,737
- Liabilities
- $22,629
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- TORENCE JOHN TROUT (PRESIDENT)
- ULRIKE SHAPIRO (EXECUTIVE DIRECTOR)
Highest reported compensation
- ULRIKE SHAPIRO (EXECUTIVE DIRECTOR): $56,886 total reported compensation
- RICHARD STONE (BOARD MEMBER): $55,139 total reported compensation
- GWYN ROBERTS (BOARD MEMBER): $52,408 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Tempesta di mare is a self-led baroque orchestra and chamber ensemble with a mission to inspire and enlighten through concerts, recordings and broadcasts.
What it reported doing in 2024
Greater philadelphia concert series: tdm is the only permanent rostered baroque orchestra in Pennsylvania. Each of our annual five home concerts is curated around unifired programatic ideas. Recent programs focused on music written for and preformed by the all-woman artists at baroque venices orphanages, and explored musicans who traveled to foreign countries where they became imigrants and adopted new musical styles or remained expats. At times, those themes became season-long explorations of the baroque eras most famous works, such as bachs brandenburg concertos and vivaldis the four seasons, programmed alongside largely unfamiliar music that inspired and surrounded them, or they explore a distinct style of music, such as our two season, 8 concert projectcomedie et tragedie: french orchestral music of bach-contemporary johann freidrich fasch. Many of our projects included mondern-time world, and u.s. Premieres of works not performed since the 17th and 18th centuries. A three-concert artist recital series and project-themed auxiliary programs, such as pop-up events at community partner venues and talks round out each season. Professionally produced audio and video of concerts can be heard on radio stations world-wide and viewed online.
Operating model
- Revenue model
- Donor-supported. 80% 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and the filing does not identify recipients for some grant dollars.
Rating breakdown
- Financial Efficiency: 58
- Transparency & Controls: 64
- Accountability: 88
- Sustainability: 70
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 39.2%; rating input score 39
- Program expense ratio: 85.6%; rating input score 86
- Fundraising efficiency: $28.23 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings
Transparency & Controls
- Consistency checks: 91.7%; rating input score 92; 12th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 80%; rating input score 80; 18th 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: 55.4%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 1.91; rating input score 63; 63rd percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 59; 59th percentile among comparable filings
- Officer compensation ratio: 39.1%; rating input score 4; 4th percentile among comparable filings
Growth
- Program expense growth: 1.2% per year; rating input score 100; 23rd percentile among comparable filings
- Revenue growth: 3.2% per year; rating input score 100; 32nd percentile among comparable filings
- Asset growth: 2% per year; rating input score 100; 25th percentile among comparable filings
Details
- Where the money goes: 39.2% of revenue deployed · 85.6% of spending went to programs
- Governance: 8 of 10 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $361K in reported program spending
- Leadership: top reported pay $57K · 12 people listed
- Consistency: 22 of 23 current checks pass · 1 finding to review
- Schedules: 5 filed schedules · includes major donors and grants
- Filing history: 10 filing years from 2015 to 2024
- Contacts: How to reach this organization
- Money network: 4 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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: Mission deployment rate scored 39/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 4/100.
- Review — Sustainability: Liabilities to assets ratio scored 59/100.