Tono Festival Inc

Nonprofit profile at a glance

EIN
934238881
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024
Location
New York, NY, USA
Phone
9145007663
Rating
90
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities N.E.C.

Reported finances

Revenue
$84,404
Expenses
$85,030
Assets
$171
Liabilities
$55,025

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

Leadership & pay

3 people listed

Executive titles in this filing

  • SAMANTHA OZER (PRESIDENT)

People named in this filing

  • SAMANTHA OZER (PRESIDENT)
  • ENRIQUE NORDEN (SECRETARY)
  • LUCIA SANDOMAN (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

Tono, a us non-profit arts organization, supports time-based art like performance, dance, music, and film. Through artist commissions and global partnerships, tono fosters research, interdisciplinary exchange, and experimental programming across diverse contexts.

What it reported doing in 2024

Tono festival took place from march 12-24th 2024 across centro de cultura digital, centro cultural espana en mexico, laboratorio arte alameda, museo amparo (puebla), museo ex teresa arte actual, museo caramo de dolores in chapultepec park, and a music venue in collaboration with por detroit and butt magazine.the festival included the newest chapter of gabriel massan: continuity flaws: rumors of a leak, an innovative digital artwork co-commissioned by tono festival and serpentine arts technologies, that connects with third world: the bottom dimension, massan's ongoing project commissioned and produced by serpentine arts technologies, powered by tezos; the mexican premiere of video installations by ali cherri and emilija skarnulyte; a new dance commission by nicolas poggi; the mexican premiere of a performance by joshua serafin; a new music performance by tania ximena; a music performance by emilija karnulyt and ezeta, amongst other activities.tono also launched a partnership with the prez art museum miami to share video art with a wider audience by presenting a series of works in a cinema in mexico city during the festival and online on pammtv and in the pamm auditorium through october 14th. Artists included biarritzzz (brazil), danielle brathwaite-shirley (uk), seba calfuqueo (chile), leo castaeda (colombia), ali cherri (lebanon), colectivo ixqcrear (guatemala), cristbal cea (chile), simon(e) jaikiriuma paetau and carlos motta (colombia), edny jean joseph (us/haiti), (la)horde (france), agnes questionmark (italy) and tania ximena (mexico).

Operating model

Revenue model
Donor-supported. 97% of the money available for current operations came from contributions and gifts.
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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.3%; rating input score 88
  • Program expense ratio: 87.3%; rating input score 87

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: -0.7%; rating input score 43; 43rd percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 5; 5th percentile among comparable filings
  • Liabilities to assets ratio: 321.78; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 6.6% per year; rating input score 100; 66th percentile among comparable filings
  • Revenue growth: 132.3% per year; rating input score 100; 99th percentile among comparable filings
  • Asset growth: 200% per year; rating input score 100; 100th percentile among comparable filings

Details

  • Where the money goes: 88.3% of revenue deployed · 87.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $74K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • 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 5/100.
  • Moderate — Sustainability: Operating margin scored 43/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.