Civic Intelligence

The Phoenix Chorale

990 • Fiscal year 2019 • EIN 23-7034668

Jul 01, 2018 to Jun 30, 2019 • Filed on Jul 13, 2020

100 W RooseveltPhoenix, AZ 85003

(602) 253-2224

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.30x

Higher debt load relative to assets than 72% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

43rd percentile

0.06x

Higher debt load relative to revenue than 43% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

21st percentile

-9.8%

Higher net margin than 21% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

54th percentile

$71,342

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 17.5% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

11th percentile

-11%

Faster asset growth than 11% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2019

Revenue Growth

27th percentile

-5.9%

Faster revenue growth than 27% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2017 to 2019

Assets

Down

$81,216

Down $21,757 (-21%) from 2017

Net Assets

Down

$56,532

Down $31,410 (-36%) from 2017

Liabilities

Up

$24,684

Up $9,653 (+64%) from 2017

Revenue

Down

$407,789

Down $52,516 (-11%) from 2017

Expenses

Up

$447,639

Up $27,049 (+6.4%) from 2017

Net Income

Down

-$39,850

Down $79,565 (-200%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2013: $222,804Liabilities 2013: $15,024Net Assets 2013: $207,7802013Assets 2014: $204,744Liabilities 2014: $15,772Net Assets 2014: $188,9722014Assets 2015: $92,154Liabilities 2015: $28,382Net Assets 2015: $63,7722015Assets 2016: $91,462Liabilities 2016: $43,235Net Assets 2016: $48,2272016Assets 2017: $102,973Liabilities 2017: $15,031Net Assets 2017: $87,9422017Assets 2019: $81,216Liabilities 2019: $24,684Net Assets 2019: $56,5322019Assets 2020: $134,859Liabilities 2020: $63,344Net Assets 2020: $71,5152020Assets 2021: $222,583Liabilities 2021: $43,405Net Assets 2021: $179,1782021Assets 2022: $708,983Liabilities 2022: $35,613Net Assets 2022: $673,3702022

Highlighted filing

2019

Assets$81,216
Liabilities$24,684
Net Assets$56,532

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KExpenses 2013: $441,5812013Revenue 2014: $486,969Expenses 2014: $505,777Net Income 2014: -$18,8082014Revenue 2015: $352,304Expenses 2015: $447,813Net Income 2015: -$95,5092015Revenue 2016: $369,322Expenses 2016: $384,867Net Income 2016: -$15,5452016Revenue 2017: $460,305Expenses 2017: $420,590Net Income 2017: $39,7152017Revenue 2019: $407,789Expenses 2019: $447,639Net Income 2019: -$39,8502019Revenue 2020: $436,692Expenses 2020: $421,875Net Income 2020: $14,8172020Revenue 2021: $388,113Expenses 2021: $280,450Net Income 2021: $107,6632021Revenue 2022: $953,838Expenses 2022: $458,334Net Income 2022: $495,5042022

Highlighted filing

2019

Revenue$407,789
Expenses$447,639
Net Income-$39,850
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Jul 13, 2020
Return Version
2018v3.3
Gross Receipts
$1,167,217
Mission and Program Overview

Mission

This is a chamber choral ensemble which has served metropolitan phoenix, arizona since 1968 by performing at the highest artistic level and by creating an environment which fosters musical development

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$68,833$35,096▼ $33,737
Inventories for Sale or Use$17,238$17,082▼ $156
Savings and Temporary Cash Investments$11,342$11,373▲ $31
Land, Buildings, and Equipment, Net$9,783$8,215▼ $1,568
Pledges and Grants Receivable$6,849$6,330▼ $519
Prepaid Expenses and Deferred Charges$7,461$3,120▼ $4,341
Total Assets$121,506$81,216▼ $40,290
Liabilities
Accounts Payable and Accrued Expenses$25,124$24,684▼ $440
Total Liabilities$25,124$24,684▼ $440
Net Assets / Fund Balance
Unrestricted Net Assets$74,533$50,202▼ $24,331
Temporarily Rstr Net Assets$21,849$6,330▼ $15,519
Total Net Assets Fund Balance$96,382$56,532▼ $39,850
Total Liabilities and Net Assets / Fund Balance$121,506$81,216▼ $40,290

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$158,565$158,565
Leasehold Improvements$8,215$40,755$48,970
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jen RogersPresident CEOFT$71,342$71,342

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$255,064
Program Service Revenue
$142,708
Investment Income
$31
Other Revenue
$9,986
All Other Contributions
$223,007
Change in Net Assets
$-39,850

Audited Revenue Reconciliation

Revenue per Audited Statements
$412,489
Revenue Not Reported on Form 990
$24,353
Total Revenue per Audited Statements
$436,842
Total Revenue per Form 990
$412,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$312,877
Salaries, Compensation, and Employee Benefits$134,762
Total Fundraising Expense$37,194
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$134,189$11,545$173$145,907
Current Officers, Directors, Trustees, and Key Employees$44,152$14,717$14,717$73,586
Other Salaries and Wages$35,371$13,744$3,436$52,551
Advertising$19,505$7,321$4,669$31,495
Office Expenses$21,885$5,034$1,597$28,516
Fees for Services Accounting-$17,951-$17,951
Other Expenses$36,406$15,000$7,028$15,000
Occupancy$8,672$3,103$1,979$13,754
Travel$6,932$1,308$1,308$9,548
Payroll Taxes$5,335$1,909$1,218$8,462
Insurance$2,681$959$612$4,252
Depreciation Depletion$988$354$226$1,568
Information Technology$871$273$208$1,352
Other Employee Benefits$103$37$23$163
Fees for Services Legal-$100-$100
Total Functional Expenses$317,090$93,355$37,194$447,639

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$452,339
Expenses per Audited Statements$427,986
Total Expenses per Form 990$427,986
Expenses Not Reported on Form 990$24,353
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Gaming Gross Income$764,760
Gaming Direct Expenses$759,272
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Other-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The treasurer of the organization distributes a pdf copy of the 990 to the finance committee for review and comment prior to the return being filed.

Form 990, Part VI, Section B, Line 12C

At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.

Form 990, Part VI, Section B, Line 15

At each board and committee meeting, if there is a discussion of selecting or engaging a vendor or service provider, all in attendance are asked to recuse themselves from this discussion if there could be a perceived conflict. Annually, the organization reviews and discusses the conflict of interest policy and requests that each board member list and acknowledge any known conflicts.

Form 990, Part VI, Section C, Line 19

The organization will provide in a timely manner, financial statements, and governing documents including its conflict of interest policies when requested in writing or in person.

Form 990, Part VII, Section A, Line 11

The base compensation for the exectuive director for the 2018 calendar year is 62,842. An additional taxable compensation amount of 8,500 is received in lieu of benefits.

Filing and Contact Details

Filer

Filer Name
The Phoenix Chorale
EIN
23-7034668
Phone
6022532224
Address
100 W ROOSEVELT, PHOENIX, AZ 85003

Signing Officer

Name
Lynne Traverse
Title
Board Chairman
Signed
2020-07-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynne Traverse
Formed
1968
Legal Domicile
Az
Voting Board Members
10
Independent Board Members
10
Employees
17
Volunteers
17

Preparer

Firm
Sechler Morgan Cpas Pllc
Address
2418 W BARROW DRIVE, CHANDLER, AZ 85224
Preparer
Kristina Morgan CPA
Phone
6022302700
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other consulting services paid during the fye include asst. Conductor, guest artists, accompanists, music librarian, singers, production manager, dev. Coordinator, intern, administrative assistants.

Financial Statement Notes

X 2

Management believes that it has appropriate support for any income tax positions taken, and, as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
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IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt023
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt037
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0103
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0163
IRS990/OtherExpensesGrp/Desc0Artistic Programs
IRS990/OtherExpensesGrp/Desc1Development Outreach Expenses
IRS990/OtherExpensesGrp/Desc2Board Development
IRS990/OtherExpensesGrp/FundraisingAmt07028
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt015000
IRS990/OtherExpensesGrp/ProgramServicesAmt036406
IRS990/OtherExpensesGrp/TotalAmt036406
IRS990/OtherExpensesGrp/TotalAmt17028
IRS990/OtherExpensesGrp/TotalAmt215000
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IRS990/OtherRevenueMiscGrp/Desc0Advertising
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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0175
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03436
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt013744
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt035371
IRS990/OtherSalariesAndWagesGrp/TotalAmt052551
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01218
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01909
IRS990/PayrollTaxesGrp/ProgramServicesAmt05335
IRS990/PayrollTaxesGrp/TotalAmt08462
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt06849
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt06330
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt07461
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03120
IRS990/PrincipalOfficerNm0LYNNE TRAVERSE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0711130
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/Desc0Admissions
IRS990/ProgramServiceRevenueGrp/Desc1Sponsorships
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0141608
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11100
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11100
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0239929
IRS990/PYExcessBenefitTransInd0false
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IRS990/PYOtherExpensesAmt0265190
IRS990/PYOtherRevenueAmt024465
IRS990/PYProgramServiceRevenueAmt0126784
IRS990/PYRevenuesLessExpensesAmt08440
IRS990/PYSalariesCompEmpBnftPaidAmt0117963
IRS990/PYTotalExpensesAmt0383153
IRS990/PYTotalRevenueAmt0391593
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-39850
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
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IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0147031
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/RelatedOrExemptFuncIncomeAmt02833
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt011373
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0203220
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0157665
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0143736
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0999614
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02864
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt04274
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0247
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt07385
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0897482
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt030932
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt037018
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0118983
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.72180
IRS990ScheduleA/PublicSupportCY509Pct00.00000
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0255064
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0157665
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0999614
IRS990ScheduleA/TotalSupportAmt01144652
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt05488
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt013182
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt018670
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt024353
IRS990ScheduleD/DonatedServicesUseFcltsAmt024353
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0158565
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0158565
IRS990ScheduleD/ExpensesNotReportedAmt024353
IRS990ScheduleD/ExpensesSubtotalAmt0427986
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IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt08215
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt040755
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt048970
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Other
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/RevenueNotReportedAmt024353
IRS990ScheduleD/RevenueSubtotalAmt0412489
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY INCOME TAX POSITIONS TAKEN, AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0X 2
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IRS990ScheduleD/TotalExpensesPerForm990Amt0427986
IRS990ScheduleD/TotalRevenuePerForm990Amt0412489
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IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/GamingInformationGrp/CashPrizesBingoAmt0674272
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IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt0759272
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IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt05488
IRS990ScheduleG/GamingInformationGrp/RentFacilityCostsBingoAmt085000
IRS990ScheduleG/GamingInformationGrp/RentFcltyCostsTotalGamingAmt085000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false

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