Arts, Culture & Humanities (A6BZ) IRS Verified DX Registered 990 on File

ELGIN MASTER CHORALE INC

EIN: 36-2782591 · ELGIN, IL 60123-7189 · United States · FY 2024 Data

3 out of 5 57 / 100 Based on one year of filings

Financial strength (30%) 85/100

Reliability (20%) 55/100

Effectiveness (25%) 81/100

Impact (25%) No data yet

Financial data: FY 2024 · Scored 9/13/2026

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Mission Statement

We, the Elgin Master Chorale, are dedicated to the highest standards of excellence in performing choral music for the joy, enrichment, and education of our membership and our audiences.

Financial Overview — FY 2024

$339K

Total Revenue

$339K

Total Expenses

$247K

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 76.7%

Fundraising Efficiency 47.3%

Operating Reserve 8.76x

Liability-to-Asset 2.5%

Revenue Diversification 49.6%

Compared with Peers

FY 2024

Compared with 12,711 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	76.7%	82.0%	P10P90	Below median
Admin expense ratio Management and general / total expenses · lower is better	19.0%	14.1%	P10P90	Below median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	4.3%	0.0%	P10P90	Below median
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	47.3%	28.2%	P10P90	Below median
Operating reserve Months of expenses covered by net assets · higher is better	8.8 mo	9.8 mo	P10P90	Below median
Liabilities to assets Total liabilities / total assets · lower is better	2.5%	1.8%	P10P90	Below median
Revenue concentration Share of revenue from the largest source · lower is better	49.6%	79.8%	P10P90	Top quarter
Surplus margin Surplus as a share of revenue	0.0%	1.5%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2024	$339K	$339K	$247K	76.7%	7
2022	$320K	$276K	N/A	—	6

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Organization Details

EIN: 36-2782591
State: IL
City: ELGIN
ZIP: 60123-7189
Classification: A6BZ
Category: Arts, Culture & Humanities
Rating: 3★
Coverage: B
Last Updated: Aug 2026
IRS Ruling Year: 1947
Foundation Code: 16
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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"Compared with peers" places the charity's key ratios against organizations of the same country, sector and size.

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