Arts, Culture & Humanities
(A68)
IRS Verified
DX Registered
990 on File
MIDLAND ODESSA SYMPHONY AND CHORALE INC
Financial strength (30%)
82/100
Reliability (20%)
55/100
Effectiveness (25%)
100/100
Impact (25%)
75/100
CharityAI™ Score
Not yet evaluated
Mission Statement
The mission of the organization is to enhance the quality of life in West Texas through professional music performances and music educational programs.
Financial Overview — FY 2024
$185K
Total Revenue
$40K
Total Expenses
N/A
Net Assets
6
Employees
Expense Breakdown
Program Expense Ratio
N/A
Fundraising Efficiency
0.0%
Operating Reserve
N/A
Liability-to-Asset
0.5%
Revenue Diversification
N/A
Executive Compensation
$7K
Compared with Peers
FY 2023
Compared with 4,647 similar organizations
(United States, Arts, Culture & Humanities, $1M–$10M in expenses), FY 2023.
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
|
75.4% | 77.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.2% | 14.6% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
5.4% | 5.5% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
31.6 mo | 16.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.1% | 10.7% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
64.3% | 74.6% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
-14.4% | 3.5% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
7.1% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-51.3% | -0.9% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| introduction to symphonic music with peers and teachers | 5,100 | $9.00 | — | Per Day |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $185K | $40K | N/A | — | 6 |
| 2023 | $916K | $1.4M | $3.7M | 75.4% | 160 |
| 2022 | $1.1M | $1.3M | $3.8M | 77.8% | 124 |
| 2021 | $2.2M | $1.1M | N/A | — | 119 |
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