McLean Orchestra FY2020 filing

McLean, VA · Unknown exempt organization

✕ IRS exemption revoked Latest data FY2020
Revenue
$80K
Spent
$115K
To programs
87%
Net assets
$301K
IRS revoked this organization's tax-exempt status on November 15, 2024
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2021) →

Form 990 for the fiscal year ending June 2020 (IRS tax year 2019).

Status and standing

Tax-deductible?
No — IRS exemption revoked
On the IRS revocation list.
Can I give now?
No — exemption revoked (2024-11-15)
On the IRS revocation list.
Filing up to date?
No filing since FY2020 — 6 yrs
Foundation funders?
1 funder — Fidelity Investments Charitable Gift Fund
$11K in the latest grant year.
Spent on programs?
87% to programs
Form 990 Part IX, latest filing.
Size and trend
<$100K
Legal name (IRS)Hdr · item CMcLean Orchestra
EINHdr · item D51-0176806
Exempt statusHdr · item IRevoked
Latest filingForm 990FY2021 · Form 990
Principal addressHdr · item CMcLean, VA
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.mclean-orchestra.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.87 Management & general $0.11 Fundraising $0.02
Program services87%$101K
Management & general11%$12K
Fundraising2%$2K
Total functional expensesLn 25$115K

Financial health

Revenue & expenses by yearFY2020–FY2021
Revenue
$80K
FY2020
Expenses
$115K
FY2020
Surplus margin
-44%
revenue over expenses, this year
Program spending
87%
of expenses reach programs

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$489K
FY2020
Total liabilities
$188K
FY2020
Revenue less expensesPt I · Ln 19−$35K
Total assetsPt X · Ln 16$489K
Program-expense ratioPt IX · col B87%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 412

Balance Sheet

Part X · end of year
CashLn 1$5K
Total assetsLn 16$489K
Total liabilitiesLn 26$188K
Total net assetsLn 32$301K
Months of cash on handcomputed0.6

Statement of Revenue

Part VIII
Contributions & grants$50K · 62%
Program service revenue$21K · 27%
Investment income$9K · 11%
Contributions & grants62%$50K
Program service revenue27%$21K
Investment income11%$9K
— government grantsLn 1e$10K
Total revenueLn 12$80K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $462K · Operating expenses/yr $115K
48.1 months
Where the money goes
Program services
Program services $101K · Total expenses $115K
87%
Management & General
Management & general $12K · Total expenses $115K
11%
Fundraising
Fundraising $2K · Total expenses $115K
2%
Cost to raise $1
Fundraising expense $2K · Solicited contributions $40K
$0.06 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $50K · Total revenue $80K
62%
Government reliance
Government grants $10K · Total revenue $80K
13%
Earned-income share
Program service revenue $21K · Total revenue $80K
27%
Investment reliance
Investment income $9K · Total revenue $80K
+11%
Program self-sufficiency
Program service revenue $21K · Total expenses $115K
19%
Growth & trend
Revenue growth (YoY)
This year $80K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $301K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $80K · Expenses $115K
-44%
Liabilities-to-Assets
Total liabilities — · Total assets $489K
—
Net-asset ratio
Net assets $301K · Total assets $489K
61%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $457K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $489K
93%
People & payroll
Highest Reported Total Compensation
Individual Ann Page · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $10K · Total expenses $115K
9%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $13K · Total expenses $115K
12%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 87%——
Overhead ratio 11%——
Fundraising cost ratio 5%——
Accounting fee ratio 2%——

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.

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$10,167Pt VII · Sec A
Vice-President
$0Pt VII · Sec A
Immediate Past President
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Treasurer & Finance Committee, Chair
$0Pt VII · Sec A
Trustee, Gov & Nom. Committee, Chair
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
See McLean Orchestra executive salaries →

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Presents orchestral music, offers music education, and provides community outreach programs.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $101K of program spending, described in the organization's own filed words · FY2019.
01

Orchestra

Prepare orchestral works for public performance and to provide those individuals with an interest in orchestral music the opportunity to express interest in a manner that will further its appreciation.

$85Kprogram expense
02

Youth Orchestra

To provide music students the opportunity to play in an accomplished orchestra, while increasing musical skills through practice and various public and private concerts throughout the year.

$16Kprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2019
Total grants receivedfrom 1 funder$11K

Filing history

YearRevenueExpensesChangeFiling
FY2021 Latest $42K$16K-47% 990 PDF
FY2020 Viewing $80K$115K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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