Yun International Music Foundation

Nonprofit profile at a glance

EIN
833732154
IRS 990-EZ coverage
2019–2024
Forms available
Form 990-EZ 2024
Location
Philadelphia, PA, USA
Phone
2674230925
Rating
89
Verdict
STRONG
Rating confidence
Moderate
Sector
Arts, Culture, and Humanities

Official website

Reported finances

Revenue
$104,629
Expenses
$98,592
Assets
$84,274
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

  • CHING-YUN HU (PRESIDENT)

People named in this filing

  • GABRIELLE RINALDI (DIRECTOR)
  • ROBERT RINALDI (DIRECTOR)
  • PIERRE VAN DER WESTHUIZEN (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

Conduct master classes and other piano educational activities featuring world renowned pedagogues, piano recitals, concerts, and educational activities open to the public. Sponsor of piano competition.

What it reported doing in 2024

The yun international music foundation conducts programs that provide advanced piano master classes, recital opportunities, public concerts, and career guidance to advanced piano students located throughout the world. The foundation operates the philadelphia young pianists' academy (pypa) as its operating entity. Through pypa, the foundation conducts an annual festival in the city of philadelphia and a program for advanced master class students - the young virtuosi. Both the festival and young virtuosi offer advanced piano students opportunities to attend master classes offered by renowned pianists and piano pedagogues as a means to assist these students in achieving solo performing careers. As part of the foundation programs supporting the piano students, the public is invited to attend performances (live and virtual) featuring the pypastudents and the faculty.

Operating model

Revenue model
Earned-program. 73% of the money available for current operations came from fees and other program revenue.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 55
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 94.4%; rating input score 94
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

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

Sustainability

  • Operating margin: 5.8%; rating input score 49; 49th percentile among comparable filings
  • Total-asset coverage ratio: 0.85; rating input score 54; 54th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 0.7% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: 23.3% per year; rating input score 100; 83rd percentile among comparable filings

Details

  • Where the money goes: 94.4% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $99K in reported program spending
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 5 filing years from 2019 to 2024
  • 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.

  • Moderate — Sustainability: Operating margin scored 49/100.
  • Review — Sustainability: Total-asset coverage ratio scored 54/100.