Verdigris Ensemble INC EIN 82-0698763 Form 990 (PDF) Claim this org

Verdigris Ensemble INC FY2022 filing

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Commissions new music, educates vocalists, and innovates vocal performance through diverse genres and technology. For fiscal year 2022 it reported $74K in revenue, $244K in expenses, and $51K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Dallas, TX
Website
www.verdigrismusic.org
Filings
5 on file (2020–2022)
Revenue
$74KFY2022
Expenses
$244K
Net assets
$51K
People
12
Filings
5
Updates
0
More identity details & actions ⌄
EIN  82-0698763 Public charity (501(c)(3)) Dallas, TX
Form 990 (PDF)
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →
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Size
$100K–1M
What they do
Commissions new music, educates vocalists, and innovates vocal performance through diverse genres and technology.
Leadership
Alvaro Amador · Board Member
Money in and out
$74K revenue, $244K expenses
Bottom line
75% program efficiency
Where the money goes · FY2022
Total revenue
$74K
Pt VIII · Ln 12
Total expenses
$244K
Pt IX · Ln 25
Net assets
$51K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$169K
Where spending went · Part IX cols B–D
Program services $0.75 Management & general $0.25
Program efficiency
75%
of spending reaches programs
Operating runway
2.5mo
months of highly liquid reserves at operating expense rate
Surplus margin
-227%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Revenue
$74K
FY2022▼ -80%
Expenses
$244K
FY2022▲ +9%
Total assets
$51K
FY2022▼ -77%
Total liabilities
$0
FY2022
Total revenue
$74K
Pt VIII · Ln 12
Total expenses
$244K
Pt IX · Ln 25
Net assets
$51K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$169K
Total assetsPt X · Ln 16$51K
Program-expense ratioPt IX · col B75%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $93K of program spending, described in the organization's own filed words · FY2022.
01

Betty's Notebook Tour

Verdigris Ensemble performed a concert-length version of Betty's Notebook detailing Amelia Earheart's final distress signals. The program was brought to audiences in Dallas Texas and in Arkansas for Verdigris' first out-of-state performance. Audiences were immersed in Betty Klenk's experience in picking up Earhart's transmissions.

$35Kprogram expense
02

Shams

A program for 2023 commission fees for the composer and contracts from community partners occurred in 2022.

$30Kprogram expense
03

How to Go on

Verdigris Ensemble performed music by living composers about moving forward after loss. Audiences in Dallas Texas explored grief loss and healing through the music and the panel discussions with community leaders after each performance.

$29Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CVerdigris Ensemble INC
EINHdr · item D82-0698763
Principal addressHdr · item CDallas, TX
WebsiteHdr · item Jwww.verdigrismusic.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A6B)
Ruling yearIRS BMFMar 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b10
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
Board Member
$0Pt VII · Sec A
Board Member and Former Business Development Manager
$0Pt VII · Sec A
Board President
$0Pt VII · Sec A
Board Vice President
$0Pt VII · Sec A
Board Treasurer
$0Pt VII · Sec A
Board Secratary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Sam Brukhman’s $55K as Founding Artistic Director is at the 50th 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 · 8 named individuals · Part VII

NameFY2025FY2023FY2021FY2020
Sam Brukhman$55,000$3,994$13,000
Scott Branks Del Llano$23,955
Jacki Miller$21,907$7,636$5,555
Kyle Igneczi$15,858
Micaela Botarri$15,382
Samuel Brukhman$13,200
Samuel Melnick$6,919
Richard Oliver$6,814

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$115K · 155%
Program service revenue$35K · 46%
Contributions & grants155%$115K
Program service revenue46%$35K
— government grantsLn 1e$20K
Total revenueLn 12$74K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.75 Management & general $0.25
Program services75%$182K
Management & general25%$62K
Total functional expensesLn 25$244K

Balance Sheet

Part X · end of year
CashLn 1$51K
Total assetsLn 16$51K
Total liabilitiesLn 26$0
Total net assetsLn 32$51K
Months of cash on handcomputed2.5

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $51K · Operating expenses/yr $244K
2.5 months
Where the money goes
Program services
Program services $182K · Total expenses $244K
75%
Management & General
Management & general $62K · Total expenses $244K
25%
Fundraising
Fundraising $0 · Total expenses $244K
0%
Cost to raise $1
Fundraising expense (2-yr avg) $0 · Solicited contributions (2-yr avg) $122K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $115K · Total revenue $74K
155%
Government reliance
Government grants $20K · Total revenue $74K
26%
Earned-income share
Program service revenue $35K · Total revenue $74K
46%
Investment reliance
Investment income $-76K · Total revenue $74K
-102%
Program self-sufficiency
Program service revenue $35K · Total expenses $244K
14%
Growth & trend
Revenue growth (YoY)
This year $74K · Prior year $374K
-80%
Net-asset trend (YoY)
End of year $51K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $74K · Expenses $244K
-227%
Liabilities-to-Assets
Total liabilities — · Total assets $51K
Net-asset ratio
Net assets $51K · Total assets $51K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $51K
0%
People & payroll
Highest Reported Total Compensation
Individual Alvaro Amador · Reported title Board Member · Highest reported compensation $0 · Total expenses $244K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $244K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 75%
Overhead ratio 25%
Fundraising cost ratio 0%
Revenue growth -80%
Investment management fee ratio 0%
Legal fee ratio 0.4%
Accounting fee ratio 0%
Fundraising fee ratio 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

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

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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
FY2025 (Latest)$491K revenue · ⤓ 990 PDF
FY2024not on file
FY2023$331K revenue · ⤓ 990 PDF
FY2022$74K revenue · viewing · ⤓ 990 PDF
FY2021$374K revenue · ⤓ 990 PDF
FY2020$124K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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