Charity Search / TRUE CONCORD VOICES AND ORCHESTRA INC
Arts, Culture & Humanities (A68) 990 on File

TRUE CONCORD VOICES AND ORCHESTRA INC

EIN: 56-2488631 · TUCSON, AZ 85728-0000 · United States · FY 2024 Data
3 out of 5 57 / 100 Based on 2+ years of filings
Financial strength (30%) 93/100
Reliability (20%) 50/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$1.2M
Total Revenue
$1.2M
Total Expenses
$647K
Net Assets
2
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 84.6%
Fundraising Efficiency N/A
Operating Reserve 6.22x
Liability-to-Asset 15.5%
Revenue Diversification 75.5%
Executive Compensation $86K
Compared with Peers
FY 2024
Compared with 3,450 similar organizations (United States, Arts, Culture & Humanities, $1M–$10M 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
84.6% 77.9%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
7.2% 14.4%
P10P90
Top quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
8.2% 5.4%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
6.2 mo 16.5 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
15.5% 10.6%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
75.5% 74.5%
P10P90
Below median
Revenue growth
Year over year revenue growth
15.8% 7.8%
P10P90
Expense growth
Year over year expense growth
14.4% 8.0%
P10P90
Surplus margin
Surplus as a share of revenue
-5.4% -0.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.2M $1.2M $647K 84.6% 2
2023 $1.0M $1.1M $451K 87.7% 2
2022 $813K $799K $683K 83.5% 2
2021 $1.2M $741K N/A — 2
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Organization Details
EIN
56-2488631
State
AZ
City
TUCSON
ZIP
85728-0000
Classification
A68
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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