The Children's Orchestra Society Inc
Nonprofit profile at a glance
- EIN
- 237106585
- IRS 990 coverage
- 2009–2023
- Forms available
- Form 990 2023
- Location
- Fresh Meadows, NY, USA
- Phone
- 7188880635
- Rating
- 66
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $540,629
- Expenses
- $561,107
- Assets
- $1,324,260
- Liabilities
- $515,621
Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
11 people listed
Executive titles in this filing
- YEOU-CHENG MA (EXECUTIVE DIRECTOR)
Highest reported compensation
- YEOU-CHENG MA (EXECUTIVE DIRECTOR): $65,962 total reported compensation
- MICHAEL DADAP (ARTISTIC & MUSIC DIRECTOR): $63,110 total reported compensation
- CYNTHIA DE LEON DECEASED 524 (DIRECTOR OF FINANCE): $47,400 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To teach children the language and values of music through education, instruction and by providing performance opportunities.
What it reported doing in 2023
The children's orchestra society had 110 students during the fiscal year and gave two season concerts for the cos 55th season, on 1/20/24 at central presbyterian church of ny, 154 old westbury rd, old westbury, ny, and 6/15/24 at the community church of syosset, 36 church st, syosset, ny, conducted 3 student recitals on 1/28/24, 3/10/24, and 5/5/24, 2 chamber music recitals on 12/15/23, winterfest and 4/13/24, springfest, the faculty and alumni performed in masterworks on 4/7/24 at good shepherd faith presbyterian church at 152 west 66th street, ny, held its 30th discovery gala concert at alice tully hall of lincoln center, nyc on 5/22/24, students performed in collaboration with (continued on schedule o)5 choruses at carnegie hall, stern auditorium on july 7, 2023, with the big apple festival at opera house in nyc, hosted a 2-week, day summer camp with members of the garden of hope in july and august 2023, and performed for asia society game changers gala at cipriani's in october 2023.
Operating model
- Revenue model
- Donor-supported. 69% 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 program spending has grown recently. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 53
- Transparency & Controls: 92
- Accountability: 51
- Sustainability: 37
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 57.3%; rating input score 57
- Program expense ratio: 54.8%; rating input score 55
- Fundraising efficiency: $6.11 raised per $1 spent on fundraising; rating input score 23; 23rd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd 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: 80%; rating input score 80; 17th percentile among comparable filings
- Governance controls: 1 of 9 controls in place; rating input score 11
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Fail
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -3.8%; rating input score 28; 28th percentile among comparable filings
- Total-asset coverage ratio: 2.36; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 0.39; rating input score 21; 21st percentile among comparable filings
- Officer compensation ratio: 31.5%; rating input score 6; 6th percentile among comparable filings
Growth
- Program expense growth: 2.2% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 5.1% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 20.5% per year; rating input score 100; 81st percentile among comparable filings
Details
- Where the money goes: 57.3% of revenue deployed · 54.8% of spending went to programs
- Governance: 8 of 10 board members independent · 1 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $307K in reported program spending
- Leadership: top reported pay $66K · 11 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 13 filing years from 2009 to 2023
- Contacts: How to reach this organization
- Money network: 3 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: Mission deployment rate scored 57/100.
- High — Accountability: Governance controls: 8 of 9 not reported.
- Review — Financial Efficiency: Program expense ratio scored 55/100.
- High — Financial Efficiency: Fundraising efficiency scored 23/100.
- High — Sustainability: Operating margin scored 28/100.
- High — Sustainability: Officer compensation ratio scored 6/100.
- High — Sustainability: Liabilities to assets ratio scored 21/100.