The Maryland State Boychoir Inc
Nonprofit profile at a glance
- EIN
- 521541348
- IRS 990 coverage
- 2012–2024
- Forms available
- Form 990 2024
- Location
- Baltimore, MD, USA
- Phone
- 4105548644
- Rating
- 88
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $885,475
- Expenses
- $1,069,103
- Assets
- $1,960,995
- Liabilities
- $408,703
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- STEPHEN HOLMES (PRESIDENT & ARTISTIC DIREC)
Highest reported compensation
- STEPHEN HOLMES (PRESIDENT & ARTISTIC DIREC): $113,129 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 Maryland state boychoir, inc. (msb) was established in 1987 and is devoted to the artistic development of Maryland boys. Msb's mission is to provide opportunities for talented boys from all backgrounds to develop their musical and social skills through a rigorous program of instruction and choral performances. Msb also strives to serve the broader community by offering facilities for the arts, children and young people, religious groups (including the congregation of st. Matthew united church of christ, the original owners of the Maryland boychoir center for the arts), and local residents - particularly the mayfield community.
What it reported doing in 2024
The Maryland state boychoir choristers were international goodwill ambassadors as they visited chile on their 2025 summer tour. It was an amazing time of growth for all the choristers, staff, and chaperones. The concert choir visited the midwest, singing in chicago, milwaukee, mackinac island, and northern Michigan. Through touring, msb choristers continue to develop a high level of selfmotivated learning and self-discipline while demonstrating maturity and responsibility as performers. In addition to these extended summer tours, msb choirs participated in fall and winter weekend tours in the mid-atlantic as well as the young men's chorus february tour to greenville, sc and gatlinburg, tn.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 30
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 86.2%; rating input score 86
- Fundraising efficiency: $17.94 raised per $1 spent on fundraising; rating input score 55; 55th 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: 100%; rating input score 100; 63rd 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: -20.7%; rating input score 9; 9th percentile among comparable filings
- Total-asset coverage ratio: 1.83; rating input score 62; 62nd percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 31; 31st percentile among comparable filings
- Officer compensation ratio: 10.6%; rating input score 35; 35th percentile among comparable filings
Growth
- Program expense growth: 3.2% per year; rating input score 100; 33rd percentile among comparable filings
- Revenue growth: -0.3% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 1.4% per year; rating input score 100; 23rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 86.2% of spending went to programs
- Governance: 18 of 18 board members independent · 8 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $921K in reported program spending
- Leadership: top reported pay $113K · 18 people listed
- Consistency: 31 of 31 current checks pass
- Schedules: 4 filed schedules · includes major donors
- Filing history: 13 filing years from 2012 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- 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: Operating margin scored 9/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Financial Efficiency: Fundraising efficiency scored 55/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 31/100.
- Moderate — Sustainability: Officer compensation ratio scored 35/100.