Charity Search / CHORAL MASTERWORKS FESTIVAL INC
Arts, Culture & Humanities (A680) IRS Verified DX Registered 990 on File

CHORAL MASTERWORKS FESTIVAL INC

EIN: 59-2877120 · TAMPA, FL 33620-3038 · United States · FY 2025 Data
3 out of 5 53 / 100 Based on 2+ years of filings
Financial strength (30%) 71/100
Reliability (20%) 55/100
Effectiveness (25%) 83/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

The Master Chorale is committed to advancing the art of choral music by performing great works of the past, commissioning and performing new literature and sharing the joy and power of choral music with new and existing audiences and singers.

Financial Overview — FY 2025
$398K
Total Revenue
$387K
Total Expenses
$73K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.2%
Fundraising Efficiency N/A
Operating Reserve 2.26x
Liability-to-Asset 32.8%
Revenue Diversification 79.5%
Executive Compensation $105K
Compared with Peers
FY 2025
Compared with 7,068 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2025.
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
89.2% 81.9%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
10.6% 13.7%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.3% 0.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
2.3 mo 9.4 mo
P10P90
Bottom quarter
Liabilities to assets
Total liabilities / total assets · lower is better
32.8% 1.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
79.5% 77.2%
P10P90
Below median
Revenue growth
Year over year revenue growth
31.9% 6.7%
P10P90
Expense growth
Year over year expense growth
58.3% 5.9%
P10P90
Surplus margin
Surplus as a share of revenue
2.7% 2.4%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $398K $387K $73K 89.2% 3
2024 $301K $244K $62K 84.4% 4
2023 $270K $281K $5K 81.7% 3
2022 $270K $259K $16K 74.1% 2
2021 $193K $186K N/A — 2
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Organization Details
EIN
59-2877120
State
FL
City
TAMPA
ZIP
33620-3038
Classification
A680
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Foundation Code
16
Form 990
On File
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