Thornton Community Band

Nonprofit profile at a glance

EIN
261884982
IRS 990-EZ coverage
2021–2024
Forms available
Form 990-EZ 2024, Form 990-N 2013
Location
Thornton, CO, USA
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Official website

Reported finances

Revenue
$32,686
Expenses
$30,116
Assets
$32,453

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

Leadership & pay

10 people listed

Executive titles in this filing

  • Anne Kleve (President)
  • Erin Noah-Verser (Vice President)

People named in this filing

  • Anne Kleve (President)
  • Erin Noah-Verser (Vice President)
  • Jason Kleve (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 enlighten and entertain the community by providing a continuing opportunity for musicians to perform a variety of band and ensemble music that is challenging and interesting

What it reported doing in 2024

Performances of scheduled Fall Winter and Spring Concerts for the Community 725 persons combined. The Fall concert featured guest artist- Joseph Lovinsky horn. Celebrated 17th season! Started Step-Up Instrument program for high school band students in 27J & Adams 12 districts 5 recipients performed at our March concert. Organized the Colorado Community Bands Festival hosted at Metro State which included 10 local community bands performing free concerts all day followed by 3 clinicians working with each group. City of Thornton Winterfest Concert in the Park 250 persons; City of Thornton Rhythm & Reels Summer Concert in the park 200 persons; July 4th concert in the Park - +10,000 persons; Continued partnership with the City of Thornton expanded with the city providing a rehearsal and storage facility at nominal charge to both the Band and the Chorus. TCB Chamber Winds & Big Band Jazz continued regular recitals in Winter Spring & Fall 75 persons each.

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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 82
  • Sustainability: 48
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 77.2%; rating input score 77
  • Program expense ratio: 83.8%; rating input score 84

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 7.9%; rating input score 59; 59th percentile among comparable filings
  • Total-asset coverage ratio: 1.08; rating input score 48; 48th 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: 7.7% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 5.3% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 0.6% per year; rating input score 100; 41st percentile among comparable filings

Details

  • Where the money goes: 77.2% of revenue deployed · 83.8% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $25K 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: 4 filing years from 2021 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.

  • Review — Sustainability: Operating margin scored 59/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.