Masterworks Chorus of the Palm Beaches
Legal name: The Masterworks Chorus of the Palm Beaches Inc
Nonprofit profile at a glance
- EIN
- 591983816
- IRS 990-EZ coverage
- 2016–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2024, Form 990-N 2010
- Location
- Palm Beach, FL, US
- Phone
- 312-622-5926
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Singing, Choral
Reported finances
- Revenue
- $91,679
- Expenses
- $79,404
- Assets
- $37,885
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- KATHERINE COMBS (PRESIDENT)
People named in this filing
- KATHERINE COMBS (PRESIDENT)
- KAY PURIN (VICE PRESIDE)
- JUDY LODGSON (VICE PRESIDE)
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
The primary purpose of The Masterworks Chorus of the Palm Beaches is to expose and educate its members and the public to great choral masterpieces. The performance of these works from all nationalities, styles and periods will educate, enrich, and enhance the quality of life of its members and the entire community.
What it reported doing in 2024
The primary purpose of the masterworks chorus of the palm beaches is to expose and educate its members and the general public to great choral masterpieces. The performance of these works from all nationalities, styles, and periods will educate, enrich, and enhance the quality of life of its members and the patrons, who come to hear this beautiful and time- tested music.
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. Total assets are small relative to annual expenses; liquid coverage is unknown and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 82
- Sustainability: 46
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.6%; rating input score 85
- Program expense ratio: 97.6%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 13.4%; rating input score 66; 66th percentile among comparable filings
- Total-asset coverage ratio: 0.48; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 15.8% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 74th percentile among comparable filings
- Asset growth: 4.1% per year; rating input score 100; 55th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 84.6% of revenue deployed · 97.6% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $78K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 8 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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: Total-asset coverage ratio scored 29/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.