Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
990 • Fiscal year 2012 • EIN 06-1072470
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
67th percentile
Higher debt load relative to assets than 67% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
Score unavailable
No valid filing value is available for this score.
Assets
Up$752,644
Up $612,368 (+437%) from 2011
Net Assets
Up$629,022
Up $604,793 (+2496%) from 2011
Liabilities
Up$123,622
Up $7,575 (+6.5%) from 2011
Revenue
-
No earlier filing loaded for comparison.
Expenses
Up$800,371
Up $23,278 (+3.0%) from 2011
Net Income
-
No earlier filing loaded for comparison.
The American Classical Orchestra recreates the sound world of the master composers. The ACO is devoted to preserving and performing the repertoire of 17th, 18th and 19th century composers. By playing the music on original instruments and using historic performance technique, we attempt to recreate the sounds an audience would have experienced when the music was written and first performed. We pass along skills and appreciation for this practice to future generations through concert performances and educational programs.Because period instruments were made of different materials, they produce a profoundly different sound from the 20th century instruments used in modern orchestras. Historical instruments, with their softer and more transparent, yet sometimes edgier tone, produce a delicacy in the gentler phrases and a pungent bite in the stronger passages. Using period instruments, the ACO can, in the 21st century, bring audiences closer to the musical genius of Bach, Mozart, Beethoven a
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990/Activity2/Revenue | 0 | 20600 |
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| IRS990ScheduleD/Form990ScheduleDPartXIV/Explanation | 0 | ACO FOLLOWS THE ACCOUNTING STANDARD FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. |
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| IRS990ScheduleD/RevenueSubtotal | 0 | 1265540 |
| IRS990ScheduleD/TotalExpenses | 0 | 800371 |
| IRS990ScheduleD/TotalExpensesPerForm990 | 0 | 800371 |
| IRS990ScheduleD/TotalOfBookValueLandBuildings | 0 | 0 |
| IRS990ScheduleD/TotalRevenue | 0 | 1265540 |
| IRS990ScheduleD/TotalRevenuePerForm990 | 0 | 1265540 |
| IRS990ScheduleD/TotExpensesEtcAuditedFinclStmt | 0 | 800371 |
| IRS990ScheduleD/TotRevenueEtcAuditedFinclStmt | 0 | 1265540 |
| IRS990/ScheduleJRequired | 0 | 0 |
| IRS990ScheduleL/Form990ScheduleLPartV/Explanation | 0 | * ADVANCES REPAID WITH INTEREST AFTER JUNE 30, 2012 |
| IRS990ScheduleL/LoanTable/ApprovedByBoard | 0 | 1 |
| IRS990ScheduleL/LoanTable/ApprovedByBoard | 1 | 1 |
| IRS990ScheduleL/LoanTable/BalanceDue | 0 | 25000 |
| IRS990ScheduleL/LoanTable/BalanceDue | 1 | 493849 |
| IRS990ScheduleL/LoanTable/Default | 0 | 0 |
| IRS990ScheduleL/LoanTable/Default | 1 | 0 |
| IRS990ScheduleL/LoanTable/LoanFromOrganization | 0 | X |
| IRS990ScheduleL/LoanTable/LoanToOrganization | 0 | X |
| IRS990ScheduleL/LoanTable/NamePerson | 0 | OLE SKAARUP |
| IRS990ScheduleL/LoanTable/NamePerson | 1 | THOMAS CRAWFORD |
| IRS990ScheduleL/LoanTable/OriginalPrincipalAmount | 0 | 25000 |
| IRS990ScheduleL/LoanTable/OriginalPrincipalAmount | 1 | 490378 |
| IRS990ScheduleL/LoanTable/PurposeOfLoan | 0 | WORKING CAPITAL |
| IRS990ScheduleL/LoanTable/PurposeOfLoan | 1 | ADVANCES * |
| IRS990ScheduleL/LoanTable/WrittenAgreement | 0 | 1 |
| IRS990ScheduleL/LoanTable/WrittenAgreement | 1 | 1 |
| IRS990ScheduleL/TotalBalanceDue | 0 | 518849 |
| IRS990ScheduleO/GeneralExplanation/Explanation | 0 | REVIEW IS CONDUCTED BY THE BOARD OF DIRECTORS BEFORE FILING |
| IRS990ScheduleO/GeneralExplanation/Explanation | 1 | THE ORGANIZATION MAKES ITS AUDITED FINANCIAL STATEMENTS AVAILABLE UPON REQUEST |
| IRS990ScheduleO/GeneralExplanation/Explanation | 2 | THE BOARD OF DIRECTORS ASSUMES RESPONSIBILTY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF INDEPENDENT ACCOUNTANT |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 0 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 1 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/GeneralExplanation/ReturnReference | 2 | FORM 990, PART XII, LINE 2C: |
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| IRS990/School | 0 | 0 |
| IRS990/SignificantChange | 0 | 0 |
| IRS990/SignificantNewProgramServices | 0 | 0 |
| IRS990/StateLegalDomicile | 0 | CT |
| IRS990/StatesWhereCopyOfReturnIsFiled | 0 | NY |
| IRS990/StatesWhereCopyOfReturnIsFiled | 1 | CT |
| IRS990/SubjectToProxyTax | 0 | 0 |
| IRS990/TaxablePartyNotification | 0 | 0 |
| IRS990/TaxExemptBonds | 0 | 0 |
| IRS990/TemporarilyRestrictedNetAssets/BOY | 0 | 3950 |
| IRS990/TemporarilyRestrictedNetAssets/EOY | 0 | 19800 |
| IRS990/Terminated | 0 | 0 |
| IRS990/TermOrPermanentEndowments | 0 | 0 |
| IRS990/TheBooksAreInCareOf/AddressUS/AddressLine1 | 0 | 133 WEST 70TH STREET |
| IRS990/TheBooksAreInCareOf/AddressUS/City | 0 | NEW YORK |
| IRS990/TheBooksAreInCareOf/AddressUS/State | 0 | NY |
| IRS990/TheBooksAreInCareOf/AddressUS/ZIPCode | 0 | 100234498 |
| IRS990/TheBooksAreInCareOf/NameBusiness/BusinessNameLine1 | 0 | THE AMERICAN CLASSICAL ORCHESTRAINC |
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Displayed year
2012 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.