Civic Intelligence

Verdigris Ensemble Inc.

990 • Fiscal year 2023 • EIN 82-0698763

Jan 01, 2023 to Dec 31, 2023 • Filed on May 15, 2024

3630 Harry Hines Blvd Box 45Dallas, TX 75219

(908) 283-0882

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

32nd percentile

-6.2%

Higher net margin than 32% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

86th percentile

$23,955

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 7.2% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

14th percentile

-40%

Faster asset growth than 14% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

97th percentile

345%

Faster revenue growth than 97% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$30,893

Down $20,571 (-40%) from 2022

Net Assets

Down

$30,893

Down $20,571 (-40%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$331,485

Up $257,077 (+345%) from 2022

Expenses

Up

$352,058

Up $108,547 (+45%) from 2022

Net Income

Up

-$20,573

Up $148,530 (+88%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2017: $5,317Liabilities 2017: $02017Assets 2018: $19,080Liabilities 2018: $02018Assets 2019: $26,940Liabilities 2019: $02019Assets 2020: $65,827Net Assets 2020: $65,8272020Assets 2021: $220,478Liabilities 2021: $0Net Assets 2021: $220,4782021Assets 2022: $51,464Liabilities 2022: $0Net Assets 2022: $51,4642022Assets 2023: $30,893Liabilities 2023: $0Net Assets 2023: $30,8932023Assets 2024: $2,478Liabilities 2024: $639Net Assets 2024: $1,8392024Assets 2025: $37,962Liabilities 2025: $613Net Assets 2025: $37,3492025

Highlighted filing

2023

Assets$30,893
Liabilities$0
Net Assets$30,893

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $17,930Expenses 2017: $12,613Net Income 2017: $5,3172017Revenue 2018: $54,872Expenses 2018: $41,403Net Income 2018: $13,4692018Revenue 2019: $124,202Expenses 2019: $116,048Net Income 2019: $8,1542019Revenue 2020: $124,222Expenses 2020: $85,335Net Income 2020: $38,8872020Revenue 2021: $374,143Expenses 2021: $223,401Net Income 2021: $150,7422021Revenue 2022: $74,408Expenses 2022: $243,511Net Income 2022: -$169,1032022Revenue 2023: $331,485Expenses 2023: $352,058Net Income 2023: -$20,5732023Revenue 2024: $159,676Expenses 2024: $191,224Net Income 2024: -$31,5482024Revenue 2025: $490,670Expenses 2025: $455,160Net Income 2025: $35,5102025

Highlighted filing

2023

Revenue$331,485
Expenses$352,058
Net Income-$20,573
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 15, 2024
Return Version
2023v5.0
Gross Receipts
$331,485
Mission and Program Overview

Mission

Verdigris Ensemble transforms lives through story-rich multi-sensory musical experiences by creating new works investing in musicians artists and communities and redefining vocal music through interdisciplinary programming and technology.

Our Mission is to create a new music movement by commissioning works and incorporating various genres to tell compelling stories invest in diverse vocal musicians through music education and community infrastructure development and redefine vocal music through creative programming and technological innovation.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$51,464$30,893▼ $20,571
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$51,464$30,893▼ $20,571
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$39,919$0▼ $39,919
Net Assets Without Donor Restrictions$11,545$30,893▲ $19,348
Total Net Assets Fund Balance$51,464$30,893▼ $20,571
Total Liabilities and Net Assets / Fund Balance$51,464$30,893▼ $20,571
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Scott Branks del LlanoBoard Member and Former Interim Executive Director-$23,955$23,955
Kyle IgnecziExecutive DirectorFT$15,858$15,858
Jacki MillerBoard MemberPT$7,636$7,636
Sam BrukhmanBoard Member and Artistic DirectorPT$3,994$3,994

Board Members and Trustees

NameTitle
Keith MankinBoard President
Carson DorseyBoard President Emeritus
Patricia YakeschBoard Vice President
Alvaro AmadorBoard Member
Angela CarralesBoard Member
Ashley SageBoard Member
Jonathan HessBoard Member
Kamal KhanBoard Member
Keshav DimriBoard Member
Pindar Van ArmanBoard Member
Sonali VedBoard Member
Teresa BondBoard Member
Micaela BotarriBoard Member and Former Business Development Manager
Richard OliverBoard Member and Former Community Relations Manager
Farah PadamseeBoard Secretary
Jonathan MarchBoard Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$247,686
Program Service Revenue
$83,799
Investment Income
$0
Other Revenue
$0
All Other Contributions
$197,156
Change in Net Assets
$-20,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$352,058
Total Fundraising Expense$4,174
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$198,009$1,140$0$199,149
Fees for Services Management$16,697$62,614$4,174$83,485
Occupancy$35,956$120$0$36,076
Information Technology$5,118$3,402$0$8,520
Travel$8,219$0$0$8,219
Advertising$3,239$250$0$3,489
Office Expenses$0$1,871$0$1,871
Insurance$0$1,545$0$1,545
All Other Expenses$0$888$0$888
Other Expenses$581$0$0$581
Conferences and Meetings$0$147$0$147
Total Functional Expenses$274,951$72,933$4,174$352,058
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 11B

The preparer submitted form 990 for review by the finance committee and all adjustments required were made as recommended.

Part VI, Line 15

During the budget approval process the Board of Directors outlined and approved a maximum budget for an Executive Director. After interviews the Board of Directors determined a final amount to offer to the Executive Director who was hired.

Filing and Contact Details

Filer

Filer Name
Verdigris Ensemble Inc
EIN
82-0698763
In Care Of
% Kyle Igneczi
Phone
9082830882
Address
3630 HARRY HINES BLVD BOX 45, DALLAS, TX 75219
Doing Business As
Verdigris Ensemble

Signing Officer

Name
Sam Melnick
Title
Program Administrator
Signed
2024-05-15

Organization Details

Formed
2017
Legal Domicile
TX
Voting Board Members
19
Independent Board Members
17
Employees
0
Volunteers
20
Supplemental Narrative

Additional Explanations

Part IX, Line 11G

Programming: Commission Fees 27,100 Musicians 123,023 Other Contractors 47,885. Administration: Other Contractors 1,140.

Part III, Line 4D

| Description:, Expense Amount:, Grants Amount:, Revenue Amount:| The National Anthems was a choral performance that explored universal truths and aimed to facilitate a space to help break down preconceived notions of country territory political affiliation and nationalism. Through the repetition of text from national anthems around the world the performance encouraged audiences to reflect on their own national heritage while also finding common ground in the shared experience of humanity. The performance made three key statements: 1 that we should not live in chains again 2 that change and repair require gradual courage and 3 that we can still do good despite past mistakes. The immersive 360-degree experience incorporated vocal performances projection art and choreography to create an engaging multimedia production. Collaborators included a film artist choreographer and students from a local high school. The goals were to inspire courage positive action and a sense that we are all part of a larger global family. Activities included rehearsals promotion of the performance and the final concert at a local church venue. This artistically ambitious program aligned with the organization's mission to bring people together through powerful musical experiences., $31147, $0, $4620| Education Residencies at W.E. Greiner Exploratory Arts Academy and Yvonne A. Ewell Townview Center: The Education Residencies provide ongoing supplemental choral music education to students at W.E. Greiner Exploratory Arts Academy middle school and Yvonne A. Ewell Townview Magnet Center high school in Dallas TX. The program includes in-class and after-school instruction by teaching artists including private voice lessons rehearsal support masterclasses and mentorship. It aims to enrich music education provide high-level vocal training build bridges between students and professional artists and reinvigorate choral music through creative programming. The residencies serve a predominantly Hispanic low-income student population. Outcomes include increased enrollment student musical development commissions collaborations and college arts high school admissions., $29143, $0, $0| Dust Bowl 2024 - Venue Deposit, $8625, $0, $0| Verdigris Ensemble a Dallas-based contemporary choral group collaborated with ensembleNewSRQ a Sarasota-based contemporary chamber music ensemble in a joint concert at Southern Methodist University's Meadows School of the Arts on September 26 2021. This partnership marked the beginning of future collaborative efforts between the two ensembles. Verdigris Ensemble provided vocal soloists to perform Missy Mazzoli's "Vespers for a New Dark Age" alongside ensembleNewSRQ's musicians. Sam Brukhman Verdigris' Artistic Director expressed honor in collaborating on this highly relevant work by a composer they "deeply love and respect." The concert was part of SMU's Distinguished Music Series and occurred at the Caruth Auditorium. It featured contemporary works at the "post-genre intersection of rock pop and art music" by composers like Mazzoli Glenn Kotche and Ted Atkatz who also performed with bands like Wilco and Nyco. For Verdigris Ensemble this collaboration provided an opportunity to present thoughtfully curated programs featuring innovative vocal music to new audiences. It aligned with their mission to create multi-layered experiences through choral storytelling and meaningful collaborations that redefine classical music., $7396, $0, $6580| The Big Bang 2022 - Final Deposit finalized, $4807, $0, $0| Caroling: touring a program to different venues and performances most of which were accessible to the general public, $5300, $0, $2500| Dia De Muertos 2022 Final payments from the previous program, $4105, $0, $0| MisLead 2024: venue deposit for future main series program, $1144, $0, $0| Season Launch Event: A free-to-attend celebration of the upcoming 23-24 season with a push for donations and season subscriptions. The listed revenue is all from the pu

Part XI, Line 9

| Description:, Explanation:, Amount:| minor discrepancy caused by rounding to the nearest dollar for all fields as required for filling out the Form 990, Rounding Discrepancy, $2|

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IRS990/Form990PartVIISectionAGrp/PersonNm0Pindar Van Arman
IRS990/Form990PartVIISectionAGrp/PersonNm1Farah Padamsee
IRS990/Form990PartVIISectionAGrp/PersonNm2Angela Carrales
IRS990/Form990PartVIISectionAGrp/PersonNm3Ashley Sage
IRS990/Form990PartVIISectionAGrp/PersonNm4Kamal Khan
IRS990/Form990PartVIISectionAGrp/PersonNm5Scott Branks del Llano
IRS990/Form990PartVIISectionAGrp/PersonNm6Sonali Ved
IRS990/Form990PartVIISectionAGrp/PersonNm7Teresa Bond
IRS990/Form990PartVIISectionAGrp/PersonNm8Kyle Igneczi
IRS990/Form990PartVIISectionAGrp/PersonNm9Alvaro Amador
IRS990/Form990PartVIISectionAGrp/PersonNm10Micaela Botarri
IRS990/Form990PartVIISectionAGrp/PersonNm11Carson Dorsey
IRS990/Form990PartVIISectionAGrp/PersonNm12Keith Mankin
IRS990/Form990PartVIISectionAGrp/PersonNm13Jonathan March
IRS990/Form990PartVIISectionAGrp/PersonNm14Jacki Miller
IRS990/Form990PartVIISectionAGrp/PersonNm15Keshav Dimri
IRS990/Form990PartVIISectionAGrp/PersonNm16Jonathan Hess
IRS990/Form990PartVIISectionAGrp/PersonNm17Patricia Yakesch
IRS990/Form990PartVIISectionAGrp/PersonNm18Sam Brukhman
IRS990/Form990PartVIISectionAGrp/PersonNm19Richard Oliver
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
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IRS990/Form990PartVIISectionAGrp/TitleTxt8Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member and Former Business Development Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt11Board President Emeritus
IRS990/Form990PartVIISectionAGrp/TitleTxt12Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt13Board Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt14Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Board Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt18Board Member and Artistic Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Board Member and Former Community Relations Manager
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IRS990/MissionDesc0Our Mission is to create a new music movement by commissioning works and incorporating various genres to tell compelling stories invest in diverse vocal musicians through music education and community infrastructure development and redefine vocal music through creative programming and technological innovation.
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