The Symphony Guild of Charlotte Inc
Nonprofit profile at a glance
- EIN
- 581998344
- IRS 990-EZ coverage
- 2013–2024
- Forms available
- Form 990-EZ 2024
- Location
- Charlotte, NC, USA
- Phone
- 7045250522
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Symphony Orchestras
Reported finances
- Revenue
- $107,605
- Expenses
- $76,629
- Assets
- $163,807
- Liabilities
- $146
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
9 people listed
Executive titles in this filing
- Jenny Tolson (Immediate Past President)
- Brienne Tinder (President)
People named in this filing
- Jenny Tolson (Immediate Past President)
- Cookie Parnell (Secretary)
- Betty Seifert (Treasurer)
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
To support classical music in charlotte
What it reported doing in 2024
Scholarships awarded to youth orchestra students for private study music lessons
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 93% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 51
- Transparency & Controls: 82
- Sustainability: 76
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 46.4%; rating input score 46
- Program expense ratio: 59%; rating input score 59
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 28.8%; rating input score 82; 82nd percentile among comparable filings
- Total-asset coverage ratio: 2.14; rating input score 82; 82nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 51; 51st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -5.5% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: -0.6% per year; rating input score 0; 19th percentile among comparable filings
- Asset growth: 1.6% per year; rating input score 100; 33rd percentile among comparable filings
Details
- Where the money goes: 46.4% of revenue deployed · 59% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 2 filed program accomplishments · $45K in reported program spending
- Leadership: top reported pay $0 · 9 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 12 filing years from 2013 to 2024
- Contacts: How to reach this organization
- 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.
- Moderate — Financial Efficiency: Mission deployment rate scored 46/100.
- Review — Financial Efficiency: Program expense ratio scored 59/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Liabilities to assets ratio scored 51/100.