Third Coast Percussion Nfp FY2023 filing
Presents concerts, commissions new music, and provides arts education to schools. For fiscal year 2023 it reported $1.1M in revenue, $1.0M in expenses, and $555K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Arts & Culture
- Location
- Chicago, IL
- Website
- thirdcoastpercussion.com
- Filings
- 5 on file (2021–2023)
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Summary of the Filing
Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
David Skidmore’s $84K as Executive Director is at the 20th percentile of top reported officer pay among 3916 $1–10M 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
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| David Skidmore | $84,000 | $77,500 | $75,000 | $72,933 | $69,000 |
| Robert Dillon | $80,553 | $75,500 | $73,376 | $72,255 | $68,574 |
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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Where the work happens
Performance. The fiscal year marked the most robust return to regular performance activities since the beginning of the COVID-19 pandemic, with nearly all concert engagements being live and in-person. 36 concert performances were presented. Performances occurred in 14 U.S.
Commissioning new works. Third coast percussion commissioned and premiered 8 new muscial works during their performance season. The ensemble completed its 9TH annual "currents creative partnership", a program that selects young music creators from across the world to collaborate with the ensemble in creating new works, this year…
Youth education and community engagement activities. Similar to live performing, the fiscal year was a full return to in-person educational activites. Third coast percussion provided 76 educational performances, classes, and clinics to k12 schools, community centers, senior centers, and COLLEGES/UNIVERSITIES throughout the U.S.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 71% | — | — |
| Overhead ratio | 17% | — | — |
| Fundraising cost ratio | 21% | — | — |
| Revenue growth | 12% | — | — |
| Accounting fee ratio | 1.0% | — | — |
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
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Filings & Schedule Manifest
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Sources
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