Unheard-of Ensemble

Nonprofit profile at a glance

EIN
844271578
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Brooklyn, NY, USA
Phone
0000000000
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Music Groups, Bands, Ensembles

Reported finances

Revenue
$100,047
Expenses
$92,561
Assets
$33,446
Liabilities
$0

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

Leadership & pay

7 people listed

Executive titles in this filing

  • Ford Fourqurean (Executive Director Clarinetist)
  • Daniel Anastasio (Vice President Pianist)

People named in this filing

  • Ford Fourqurean (Executive Director Clarinetist)
  • Daniel Anastasio (Vice President Pianist)
  • Iva Casian Lakos (Secretary Cellist)

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 develop and perform new instrumental chamber music for clarinet violin cello and piano at the highest caliber champion the works of living composers provide affordable concerts of adventurous chamber music and participate in educational activities that provide the public with a deeper understanding of the ensemble in its modern art form

What it reported doing in 2024

Dialogues Series and New York City Performances Concerts connecting new premieres and works in progress with the community Artists and community members get the chance to connect and deepen their understanding of contemporary classical 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 63
  • Transparency & Controls: 100
  • Sustainability: 43
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 61.2%; rating input score 61
  • Program expense ratio: 66.1%; rating input score 66

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: 7.5%; rating input score 53; 53rd percentile among comparable filings
  • Total-asset coverage ratio: 0.36; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 48%; rating input score 5; 5th percentile among comparable filings

Growth

  • Program expense growth: 23.7% per year; rating input score 100; 79th percentile among comparable filings
  • Revenue growth: 7.3% per year; rating input score 100; 58th percentile among comparable filings
  • Asset growth: 11.5% per year; rating input score 100; 65th percentile among comparable filings

Details

  • Where the money goes: 61.2% of revenue deployed · 66.1% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 2 filed program accomplishments · $61K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • 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.

  • Review — Sustainability: Operating margin scored 53/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • High — Sustainability: Officer compensation ratio scored 5/100.