The Capitol Symphonic Youth Orchestras Inc
Nonprofit profile at a glance
- EIN
- 453059618
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-EZ 2020, Form 990-N 2011
- Location
- Centreville, VA, USA
- Phone
- 7036389328
- Rating
- 76
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Symphony Orchestras
Reported finances
- Revenue
- $322,515
- Expenses
- $264,712
- Assets
- $0
- Liabilities
- $0
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- Lee Anne Bache (President`)
- Billy Chou (Executive Director)
Highest reported compensation
- Billy Chou (Executive Director): $50,000 total reported compensation
- Diana Chou (Artistic Music Director): $46,000 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Capitol Symphonic Youth Orchestras provides a creative environment where young musicians from the greater Washington D.C. area come together to rehearse and perform orchestral music. Student musicians receive instruction from local professional musicians through regular, weekly rehearsals as well as sectional rehearsals where individual sections of the orchestras receive specialized instruction specific to their instrument. In addition to the Orchestra program, TCSYO also offers a Summer Camp Program and a Chamber Music Program. The Summer Camp program is a weeklong, half day program where student musicians rehearse daily and then perform a concert at the end of the week. The Chamber Music program runs concurrent with the Orchestra program's weekly rehearsals where student musicians focus on musical works specifically composed for small ensembles (typically 3-6 students).
What it reported doing in 2024
Summer Camp program provides student musicians with a weeklong, half-day program with daily rehearsals and a concert performance.
Operating model
- Revenue model
- Other-operating. 95% of the money available for current operations came from other operating revenue.
- 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 total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 90
- Accountability: 59
- Sustainability: 35
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.6%; rating input score 78
- Program expense ratio: 93.8%; rating input score 94
- Fundraising efficiency: Limited
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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 83.3%; rating input score 83; 22nd percentile among comparable filings
- Governance controls: 2 of 8 controls in place; rating input score 25
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- 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: 17.9%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 0; rating input score 1; 1st percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 36.3%; rating input score 8; 8th percentile among comparable filings
Growth
- Program expense growth: 3.4% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 8.8% per year; rating input score 100; 69th percentile among comparable filings
- Asset growth: 5.1% per year; rating input score 100; 48th percentile among comparable filings
Details
- Where the money goes: 77.6% of revenue deployed · 93.8% of spending went to programs
- Governance: 5 of 6 board members independent · 2 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $248K in reported program spending
- Leadership: top reported pay $50K · 7 people listed
- Consistency: 19 of 19 current checks pass
- Schedules: 3 filed schedules
- Filing history: 5 filing years from 2018 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.
- High — Accountability: Governance controls: 5 of 7 not reported.
- High — Sustainability: Total-asset coverage ratio scored 1/100.
- High — Sustainability: Officer compensation ratio scored 8/100.