The Durham Savoyards Ltd

Nonprofit profile at a glance

EIN
566068443
IRS 990-EZ coverage
2010–2024
Forms available
Form 990-EZ 2024
Location
Durham, NC, USA
Phone
9194287315
Rating
92
Verdict
STRONG
Rating confidence
Moderate
Sector
Opera

Official website

Reported finances

Revenue
$94,010
Expenses
$69,240
Assets
$204,149
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • Katherine Lamb (President)
  • James Vollers (Vice President)
  • Pam Guidry-Vollers (Past President)

People named in this filing

  • Katherine Lamb (President)
  • James Vollers (Vice President)
  • Pam Guidry-Vollers (Past President)

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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Fine Arts Performance

What it reported doing in 2024

Free public concerts of Gilbert & Sullivan songs were presented at the CenterFest arts festival in downtown Durham, NC on September 21, 2024 and at Southern Village on June 22, 2025. Concerts of Gilbert & Sullivan songs were also presented at Croasdaile Village on October 17th, 2024, The Cedars of Chapel Hill on May 14th, 2025, and Carol Woods Retirement Community on August 27th, 2025.

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.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Sustainability: 68
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86.3%; rating input score 86
  • Program expense ratio: 92%; rating input score 92

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: 26.3%; rating input score 79; 79th percentile among comparable filings
  • Total-asset coverage ratio: 2.95; rating input score 74; 74th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 0.9%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 7.3% per year; rating input score 100; 67th percentile among comparable filings
  • Revenue growth: 5.7% per year; rating input score 100; 73rd percentile among comparable filings
  • Asset growth: 3.4% per year; rating input score 100; 52nd percentile among comparable filings

Details

  • Where the money goes: 86.3% of revenue deployed · 92% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $64K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Sustainability: Officer compensation ratio scored 11/100.