Metropolis Ensemble INC EIN 34-2047561 Form 990 (PDF) Claim this org

Metropolis Ensemble INC

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Presents innovative orchestral performances for modern audiences. For fiscal year 2024 it reported $540K in revenue, $426K in expenses, and $968K in net assets.Pt I

Founded
2005
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Queens, NY
Website
www.metropolisensemble.org
Filings
5 on file (2020–2024)
Revenue
$540KFY2024
Expenses
$426K
Net assets
$968K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  34-2047561 Public charity (501(c)(3)) Queens, NY Founded 2005
Form 990 (PDF)
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Size
$100K–1M
What they do
Presents innovative orchestral performances for modern audiences.
Leadership
Andrew Cyr · Artistic Direct · $92K
Money in and out
$540K revenue, $426K expenses
Bottom line
84% program efficiency
Where the money goes · FY2024
Total revenue
$540K
Pt VIII · Ln 12
Total expenses
$426K
Pt IX · Ln 25
Net assets
$968K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $114K
Where spending went · Part IX cols B–D
Program services $0.84 Management & general $0.12 Fundraising $0.04
Program efficiency
84%
of spending reaches programs-0.4% vs prior filing year
Operating runway
28.0mo
months of highly liquid reserves at operating expense rate▲ +22% vs prior filing year
Surplus margin
+21%
revenue over expenses, this year▲ +92% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$540K
FY2024▲ +10%
Expenses
$426K
FY2024▼ -3%
Total assets
$995K
FY2024▲ +14%
Total liabilities
$27K
FY2024▲ +73%
Total revenue
$540K
Pt VIII · Ln 12
Total expenses
$426K
Pt IX · Ln 25
Net assets
$968K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$114K
Total assetsPt X · Ln 16$995K
Program-expense ratioPt IX · col B84%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 411
Mission & Programs · Part III

Where the work happens

1 program service account for $358K of program spending, described in the organization's own filed words · FY2024.
01

Metropolis Ensemble is a dynamically evolving 21st Century Orchestra. Dedicated to creating a future for classical music that is of and for the time we live in, Metropolis Ensembles driving force is its founder, Grammy-nominated conductor Andrew Cyr.

$358Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CMetropolis Ensemble INC
EINHdr · item D34-2047561
Principal addressHdr · item CQueens, NY
WebsiteHdr · item Jwww.metropolisensemble.org
Year of formationHdr · item L2005
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A6C)
Ruling yearIRS BMFAug 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b11
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Artistic Direct
$91,667Pt VII · Sec A
Pres. Emeritus
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Andrew Cyr’s $92K as Artistic Direct is at the 83rd percentile of top reported officer pay among 2213 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Andrew Cyr$91,667$83,333$83,333
Andrew Cyr$86,666$73,333

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$479K · 89%
Investment income$40K · 7%
Program service revenue$21K · 4%
Contributions & grants89%$479K
Investment income7%$40K
Program service revenue4%$21K
— government grantsLn 1e$50K
Total revenueLn 12$540K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.84 Management & general $0.12 Fundraising $0.04
Program services84%$358K
Management & general12%$52K
Fundraising4%$15K
Total functional expensesLn 25$426K

Balance Sheet

Part X · end of year
CashLn 1$363K
Total assetsLn 16$995K
Total liabilitiesLn 26$27K
Total net assetsLn 32$968K
Months of cash on handcomputed10.2

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $995K · Operating expenses/yr $426K
28.0 months
Where the money goes
Program services
Program services $358K · Total expenses $426K
84%
Management & General
Management & general $52K · Total expenses $426K
12%
Fundraising
Fundraising $15K · Total expenses $426K
4%
Cost to raise $1
Fundraising expense (3-yr avg) $17K · Solicited contributions (3-yr avg) $355K
$0.05 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $479K · Total revenue $540K
89%
Government reliance
Government grants $50K · Total revenue $540K
9%
Earned-income share
Program service revenue $21K · Total revenue $540K
4%
Investment reliance
Investment income $40K · Total revenue $540K
+7%
Program self-sufficiency
Program service revenue $21K · Total expenses $426K
5%
Growth & trend
Revenue growth (YoY)
This year $540K · Prior year $491K
+10%
Revenue CAGR
FY2019 $402K · FY2024 $540K
+6%
Net-asset trend (YoY)
End of year $968K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $540K · Expenses $426K
+21%
Liabilities-to-Assets
Total liabilities — · Total assets $995K
Net-asset ratio
Net assets $968K · Total assets $995K
97%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $632K · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $995K
64%
People & payroll
Highest Reported Total Compensation
Individual Andrew Cyr · Reported title artistic Direct · Highest reported compensation $92K · Total expenses $426K
22%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $115K · Total expenses $426K
27%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 84%
Overhead ratio 12%
Fundraising cost ratio 3%
Revenue growth 10%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$15K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024$491K revenue · ⤓ 990 PDF
FY2023$518K revenue · ⤓ 990 PDF
FY2022$494K revenue · ⤓ 990 PDF
FY2021$435K revenue · ⤓ 990 PDF
FY2020$402K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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