West Bank School of Music
Nonprofit profile at a glance
- EIN
- 410975223
- IRS 990-EZ coverage
- 2013–2014
- Forms available
- Form 990-EZ 2014
- Location
- St Paul, MN, USA
- Phone
- 6123336651
- Rating
- 57
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Performing Arts Schools
Reported finances
- Revenue
- $141,709
- Expenses
- $120,684
- Assets
- $177,748
- Liabilities
- $19,914
Source: IRS Form 990-EZ. Selected filing: tax year 2014. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- CHUCK WATSON (PRESIDENT)
- KIMBERLY MOSFORD (PRESIDENT)
People named in this filing
- RUSS FISCHER (DIRECTOR)
- JENNA MUELLER (TREASURER)
- MARK RICHARDSON (DIRECTOR)
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 2014. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Musical instruction
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
MIXED - The filed numbers largely add up and revenue comfortably covers expenses. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 37
- Transparency & Controls: 82
- Sustainability: 67
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 35.2%; rating input score 35
- Program expense ratio: 41.4%; rating input score 41
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 14.8%; rating input score 72; 72nd percentile among comparable filings
- Total-asset coverage ratio: 1.47; rating input score 75; 75th percentile among comparable filings
- Liabilities to assets ratio: 0.11; rating input score 32; 32nd percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 66; 66th percentile among comparable filings
Growth
- Program expense growth: -37.2% per year; rating input score 0; 6th percentile among comparable filings
- Revenue growth: 7.2% per year; rating input score 100; 57th percentile among comparable filings
- Asset growth: -13.8% per year; rating input score 0; 14th percentile among comparable filings
Details
- Where the money goes: 35.2% of revenue deployed · 41.4% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $50K in reported program spending
- Leadership: top reported pay $0 · 15 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2013 to 2014
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Financial Efficiency: Mission deployment rate scored 35/100.
- Moderate — Financial Efficiency: Program expense ratio scored 41/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 32/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.