Youth Choral Theater of Chicago

Nonprofit profile at a glance

EIN
363620143
IRS 990-EZ coverage
2020–2024
Forms available
Form 990 2019, Form 990-EZ 2024
Location
Wilmette, IL, USA
Phone
8473315765
Rating
76
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Singing, Choral

Reported finances

Revenue
$108,493
Expenses
$102,860
Assets
$62,082
Liabilities
$2,601

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

Leadership & pay

7 people listed

Executive titles in this filing

  • BRYAN HALES (PRESIDENT)
  • MONIQUE MAYE (VICE PRESIDENT)

People named in this filing

  • KATHERINE SOLVERSON (DIRECTOR)
  • LAURA TOMACIC (DIRECTOR)
  • LINDA KIRACIBASI (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 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The choir was formed to foster and promote participation in a children's choir and provide an opportunity for the further development of choral musical education of youth from the northern and northwestern chicago suburban area.

What it reported doing in 2024

Yct provides weekly classes which offer vocal instruction to children. These children typically perform 4 concerts annually. There are approximately 44 students that participate in these classes and concerts.

Operating model

Revenue model
Donor-supported. 61% 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

SUPPORTED - The filed numbers largely add up and a large share of available resources goes toward mission work. Revenue has declined or grown slowly and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 64
  • Transparency & Controls: 100
  • Sustainability: 40
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 63%; rating input score 63
  • Program expense ratio: 66.4%; 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: 5.2%; rating input score 48; 48th percentile among comparable filings
  • Total-asset coverage ratio: 0.6; rating input score 43; 43rd percentile among comparable filings
  • Liabilities to assets ratio: 0.04; rating input score 31; 31st percentile among comparable filings
  • Officer compensation ratio: 29.2%; rating input score 12; 12th percentile among comparable filings

Growth

  • Program expense growth: 1.1% per year; rating input score 100; 33rd percentile among comparable filings
  • Revenue growth: -9.5% per year; rating input score 0; 5th percentile among comparable filings
  • Asset growth: -21.2% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: 63% of revenue deployed · 66.4% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $68K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 5 filing years from 2020 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 — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Operating margin scored 48/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
  • High — Sustainability: Officer compensation ratio scored 12/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 31/100.