Vermont Mozart Festival Inc

Nonprofit profile at a glance

EIN
475265455
IRS 990-EZ coverage
2016–2018
Forms available
Form 990-EZ 2018
Location
South Burlington, VT, USA
Phone
8022339646
Rating
91
Verdict
STRONG
Rating confidence
Moderate
Sector
Music

Official website

Reported finances

Revenue
$86,459
Expenses
$92,119
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2018. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • MICHAEL DABROSKI (President)
  • SANDI ELLIOT (Vice President)

People named in this filing

  • MICHAEL DABROSKI (President)
  • SANDI ELLIOT (Vice President)
  • ERIC ODE (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 2018. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Vermont Mozart Festival, Inc. VMF will celebrate the music of Wolfgang Amadeus Mozart providing year-round concert events that highlight impeccable artistic skill and ingenuity. We aim to use music as an inspiration for the public to engage in music and social responsibility.

What it reported doing in 2018

Vermont Mozart Festival will grow its established Vermont musical tradition and build community by 1 partnering its music programs with people of all ages, schools, community businesses and government 2 achieving the highest artistic quality and by specializing in the research, practice, rehearsal and performance of Mozart 3 increasing public access to concerts and creating new audiences and, 4 involving young professional musicians in the educational Fellowship Program benefiting scholarship recipients.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
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. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 99
  • Transparency & Controls: 100
  • Sustainability: 23
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 96.7%; rating input score 97

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -6.5%; rating input score 34; 34th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 2; 2nd 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: -0.2% per year; rating input score 0; 49th percentile among comparable filings
  • Revenue growth: -13.4% per year; rating input score 0; 21st percentile among comparable filings
  • Asset growth: -122.6% per year; rating input score 0; 1st percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 96.7% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $89K in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 5 of 5 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2016 to 2018
  • 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.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 34/100.
  • High — Sustainability: Total-asset coverage ratio scored 2/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.