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Arts, Culture, Humanities : Performing Arts

Eastern Music Festival

Experience the best

three stars

81.36

200 North Davie Street Suite 303
Greensboro, NC 27401
tel: (336) 333-7450   Web Site
EIN: 56-0771005

Board Leadership
Timothy W. Lane
Chair

CEO
Chris Williams
Executive Director

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 81.36 three stars
  Financial 78.33 two stars
  Accountability & Transparency 85.00 three stars
This rating was published 06/01/2017 and includes data from FY2016, the most recent 990 received at that time.

The Eastern Music Festival's mission is to promote musical enrichment, excellence, professional collaboration, innovation and diversity through a nationally-recognized teaching program, music festival, concerts and other programs which will enhance the quality of life, health and vitality of our region. Eastern Music Festival is distinctive, set apart by our accomplished faculty, exhilarating repertoire, brilliant students, world-renowned visiting artists and extensive community outreach.

The Eastern Music Festival's mission is to promote musical enrichment, excellence, professional collaboration, innovation and diversity through a nationally-recognized teaching program, music festival, concerts and other programs which will enhance the quality of life, health and vitality of our region. Eastern Music Festival is distinctive, set apart by our accomplished faculty, exhilarating repertoire, brilliant students, world-renowned visiting artists and extensive community outreach.

Results Information

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Financial

two stars

78.33

Accountability & Transparency

three stars

85.00

This rating was published 06/01/2017 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
90.9%
  Administrative Expenses 5.6%
  Fundraising Expenses 3.4%
  Fundraising Efficiency $0.08
  Working Capital Ratio (years) < 0.01
  Program Expenses Growth -2.2%
  Liabilities to Assets 20.9%
All data for Financial Performance Metrics calculations was provided by Eastern Music Festival on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Eastern Music Festival on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Eastern Music Festival (NC) 81.36 three stars
Film Society of Lincoln Center (NY) 91.35 four stars
Spoleto Festival USA (SC) 89.04 three stars
Cherry Creek Arts Festival (CO) 85.06 three stars
Minnesota State Fair Foundation (MN) 88.42 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $957,145
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $957,145
   Program Service Revenue $1,037,784
Total Primary Revenue $1,994,929
   Other Revenue $53,651
TOTAL REVENUE $2,048,580
   
EXPENSES  
   Program Expenses $2,072,111
   Administrative Expenses $118,878
   Fundraising Expenses $72,065
TOTAL FUNCTIONAL EXPENSES $2,263,054
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-214,474
   
Net Assets $955,930

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Classical School of Music $1,139,661 55.0%
Summer Festival $932,450 45.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-09 06/01/2017 81.36 three stars
2015-09 10/01/2016 83.49 three stars
2014-09 06/01/2016 84.57 three stars
 
CN 2.0
2014-09 10/01/2015 79.43 two stars
2013-09 08/01/2014 87.74 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 56-0771005
Name in IRS Master File EASTERN MUSIC FESTIVAL INC
NTEE Code A61
NTEE Classification Performing Arts Centers
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (46) Private school
(30) School, college, trade school, etc.
(40) Scholarships (other)
Foundation Status School 170(b)(1)(A)(ii)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date August, 1965
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End September
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • September, 2016
  • September, 2015
  • September, 2014
  • September, 2013
  • September, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$90,000 3.97% Chris Williams Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Eastern Music Festival (NC) 81.36 three stars
Jazz Aspen Snowmass (CO) 86.70 three stars
Denver Film Society (CO) 89.90 three stars
The Gilmore (MI) 87.37 three stars
May Festival (OH) 89.39 three stars

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Charity Contact Info

Eastern Music Festival
200 North Davie Street
Suite 303
Greensboro, NC 27401
tel: (336) 333-7450
fax: (336) 333-7454
EIN: 56-0771005

Mail donations to:
P.O. Box 22026
Greensboro, NC 27420

Visit Web Site

Board Leadership

Timothy W. Lane
Chair

CEO

Chris Williams
Executive Director

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