Tetra String Quartet
Nonprofit profile at a glance
- EIN
- 812081610
- IRS 990 coverage
- 2024–2024
- Forms available
- Form 990 2024, Form 990-EZ 2023, Form 990-N 2018
- Location
- Mesa, AZ, USA
- Phone
- 4803758681
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $222,199
- Expenses
- $183,693
- Assets
- $114,765
- Liabilities
- $27,390
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- JENNA DALBEY (EXECUTIVE DIRECTOR)
- EMILIO VAZQUEZ (PRESIDENT)
Highest reported compensation
- HEIDI WRIGHT (CFO/ARTISTIC DIRECTOR): $29,570 total reported compensation
- JENNA DALBEY (EXECUTIVE DIRECTOR): $29,177 total reported compensation
- ROSE WODARCYK (DIRECTOR): $18,860 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Tetras strong local presence engages audiences from every corner of the community and reflects their belief that access to the arts is an essential human right. Tetras tcimi trains young musicians to perform in small ensembles with excellence and channel their creative strengths to effect positive change in themselves and the community.
What it reported doing in 2024
During the 2024-25 season, tetra performed 5 azure family concerts, reaching 350 live audience members and 7,500 people virtually. The tetra string quartets free azure family concerts are fun and engaging performances tailored to individuals with autism spectrum disorder or other sensory processing disorders. Since many with autism cannot attend traditional music performances due to uncontrollable vocalizations or physical movements, azure concerts are designed to create an inclusive environment where all behaviors are accepted and embraced. Azure family concerts have been serving families in the valley since 2015. During this time, tetra has produced 46 azure family concerts, making live music safe and accessible for neurodivergent people in Arizona.
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
SUPPORTED - 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 78
- Transparency & Controls: 92
- Accountability: 72
- Sustainability: 45
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 74.9%; rating input score 75
- Program expense ratio: 90.3%; rating input score 90
- Fundraising efficiency: $17.56 raised per $1 spent on fundraising; rating input score 54; 54th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th 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: 66.7%; rating input score 67; 18th percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 17.3%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0.62; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.24; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 42.6%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 33.8% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 36.1% per year; rating input score 100; 94th percentile among comparable filings
Details
- Where the money goes: 74.9% of revenue deployed · 90.3% of spending went to programs
- Governance: 6 of 9 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $166K in reported program spending
- Leadership: top reported pay $30K · 10 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors
- Contacts: How to reach this organization
- Money network: 4 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 — Financial Efficiency: Fundraising efficiency scored 54/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Accountability: Governance controls: Independent financial-statement audit not reported.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.