Arts, Culture & Humanities
(A6B)
IRS Verified
DX Registered
990 on File
INTERNATIONAL CHORAL FESTIVAL INC
Financial strength (30%)
81/100
Reliability (20%)
55/100
Effectiveness (25%)
73/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The International Choral Festival is a nonprofit organization dedicated to promoting artistic excellence, global understanding, friendship, and goodwill through choral music.
Financial Overview — FY 2023
$119K
Total Revenue
$174K
Total Expenses
$135K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
87.1%
Fundraising Efficiency
N/A
Operating Reserve
9.31x
Liability-to-Asset
N/A
Revenue Diversification
66.1%
Compared with Peers
FY 2023
Compared with 16,962 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M 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
|
87.1% | 81.8% |
P10P90
|
Above median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
9.3 mo | 10.4 mo |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
66.1% | 79.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
71.0% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
399.4% | 13.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-45.7% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $119K | $174K | $135K | 87.1% | — |
| 2022 | $70K | $35K | $182K | 61.2% | — |
| 2021 | $81K | $30K | N/A | — | 1 |
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