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

Verdigris Ensemble INC FY2023 filing

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Commissions new music, educates vocalists, and innovates vocal performance through diverse genres and technology. For fiscal year 2023 it reported $331K in revenue, $352K in expenses, and $31K in net assets.Pt I

Type
Public charity (501(c)(3)) · Arts & Culture
Location
Dallas, TX
Website
www.verdigrismusic.org
Filings
5 on file (2020–2023)
Revenue
$331KFY2023
Expenses
$352K
Net assets
$31K
People
40
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 FY2023 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
Scott Branks Del Llano · Board Member and Former Interim Executive Director · $24K
Money in and out
$331K revenue, $352K expenses
Bottom line
78% program efficiency
Where the money goes · FY2023
Total revenue
$331K
Pt VIII · Ln 12
Total expenses
$352K
Pt IX · Ln 25
Net assets
$31K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$21K
Where spending went · Part IX cols B–D
Program services $0.78 Management & general $0.21 Fundraising $0.03
Program efficiency
78%
of spending reaches programs
Operating runway
1.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Revenue
$331K
FY2023▲ +345%
Expenses
$352K
FY2023▲ +45%
Total assets
$31K
FY2023▼ -40%
Total liabilities
$0
FY2023
Total revenue
$331K
Pt VIII · Ln 12
Total expenses
$352K
Pt IX · Ln 25
Net assets
$31K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$21K
Total assetsPt X · Ln 16$31K
Program-expense ratioPt IX · col B78%
Voting members of governing bodyPt I · Ln 319
Independent voting membersPt I · Ln 417

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 1a19
Independent voting membersPt VI · Ln 1b17
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 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Board Member and Former Interim Executive Director
$23,955Pt VII · Sec A
Executive Director
$22,424Pt VII · Sec A
Executive Director
$15,858Pt VII · Sec A
Board Member
$9,983Pt VII · Sec A
Board Member
$7,636Pt VII · Sec A
Founding Artistic Director
$5,182Pt VII · Sec A
Board Member and Artistic Director
$3,994Pt VII · Sec A
Board Member
$491Pt 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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Mission & Programs · Part III

Where the work happens

4 program services account for $238K of program spending, described in the organization's own filed words · FY2023.
01

SHAMS was Verdigris Ensemble's largest program service in 2023 combining music poetry and multimedia to build cross-cultural understanding between Western and Middle Eastern perspectives. At the centerpiece was the world premiere of a new work by Iranian-American composer Sahba Aminikia setting the poetry of Rumi and the story of his…

$86Kprogram expense
02

In February 2024, Verdigris Ensemble presented a reimagined production of "Dust Bowl" at the Wyly Theater's Potter Rose Performance Hall in Dallas, exemplifying their mission to transform lives through story-rich, multi-sensory musical experiences.

$57Kprogram expense
03

In April 2024, Verdigris Ensemble premiered "Mis-Lead" at the historic Kalita Humphreys Theater in Dallas, embodying their mission to transform lives through story-rich, multi-sensory musical experiences.

$48Kprogram expense
04

The Endangered was Verdigris Ensemble's second-largest program service in 2023 combining music visual art and advocacy to raise awareness about endangered species native to Dallas. The centerpiece was a multimedia performance of Sarah Kirkland Snider's Mass for the Endangered augmented with newly commissioned works spotlighting local…

$47Kprogram expense

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Statement of Revenue

Part VIII
Contributions & grants$248K · 75%
Program service revenue$84K · 25%
Contributions & grants75%$248K
Program service revenue25%$84K
— government grantsLn 1e$51K
Total revenueLn 12$331K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.78 Management & general $0.21 Fundraising $0.03
Program services78%$275K
Management & general21%$73K
Fundraising3%$9K
Total functional expensesLn 25$352K

Balance Sheet

Part X · end of year
CashLn 1$31K
Total assetsLn 16$31K
Total liabilitiesLn 26$0
Total net assetsLn 32$31K
Months of cash on handcomputed1.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $31K · Operating expenses/yr $352K
1.1 months
Where the money goes
Program services
Program services $275K · Total expenses $352K
78%
Management & General
Management & general $73K · Total expenses $352K
21%
Fundraising
Fundraising $4K · Total expenses $352K
1%
Cost to raise $1
Fundraising expense (3-yr avg) $1K · Solicited contributions (3-yr avg) $147K
$0.01 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $248K · Total revenue $331K
75%
Government reliance
Government grants $51K · Total revenue $331K
15%
Earned-income share
Program service revenue $84K · Total revenue $331K
25%
Investment reliance
Investment income $0 · Total revenue $331K
0%
Program self-sufficiency
Program service revenue $84K · Total expenses $352K
24%
Growth & trend
Revenue growth (YoY)
This year $331K · Prior year $74K
+345%
Net-asset trend (YoY)
End of year $31K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $331K · Expenses $352K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $31K
Net-asset ratio
Net assets $31K · Total assets $31K
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) $31K
0%
People & payroll
Highest Reported Total Compensation
Individual Kyle Igneczi · Reported title Executive Director · Highest reported compensation $22K · Total expenses $352K
6%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $0 · Total expenses $352K
0%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 78%
Overhead ratio 21%
Fundraising cost ratio 4%
Revenue growth 345%
Investment management fee ratio 0%
Legal fee ratio 0%
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 · viewing · ⤓ 990 PDF
FY2022$74K revenue · ⤓ 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) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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