Vanguard-albany Symphony Inc

Nonprofit profile at a glance

EIN
237442294
IRS 990-EZ coverage
2012–2024
Forms available
Form 990-EZ 2024
Location
Albany, NY, USA
Phone
5184654755
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Single Organization Support

Reported finances

Revenue
$20,942
Expenses
$19,498
Assets
$10,179
Liabilities
$25

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

Leadership & pay

11 people listed

Executive titles in this filing

  • MAUREEN GEIS (PRESIDENT)
  • JOLENE DIROLF (VICE PRESIDENT)

People named in this filing

  • MAUREEN GEIS (PRESIDENT)
  • JOLENE DIROLF (VICE PRESIDENT)
  • MARILYN HUNTER (DIRECTOR OF ADMINISTRATION)

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 organization was formed primarily to support the not for profit organization albany symphony orchestra, inc. Through fundraising activities and by organizing volunteer support at concerts and other events.

What it reported doing in 2024

Vanguard albany symphony, inc. Funds support the general operation of the albany symphony orchestra, inc. And provides scholarships for musicians. In addition, the organization provides and coordinates volunteers for orchestra activities.

Operating model

Revenue model
Other-operating. 83% of the money available for current operations came from other operating revenue.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 82
  • Sustainability: 46
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86%; rating input score 86
  • Program expense ratio: 92.3%; rating input score 92

Transparency & Controls

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

Sustainability

  • Operating margin: 6.9%; rating input score 57; 57th percentile among comparable filings
  • Total-asset coverage ratio: 0.52; rating input score 30; 30th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: -10.5% per year; rating input score 0; 27th percentile among comparable filings
  • Revenue growth: -10.5% per year; rating input score 0; 23rd percentile among comparable filings
  • Asset growth: -2.1% per year; rating input score 0; 31st percentile among comparable filings

Details

  • Where the money goes: 86% of revenue deployed · 92.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $18K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 13 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • 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 — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
  • Review — Sustainability: Operating margin scored 57/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.