CINCINNATI BOYCHOIR INC

EIN: 311383061 501(c)(3) Arts, Culture & Humanities

Cincinnati, OH

Total Revenue
$350,938
Total Expenses
$265,911
Total Assets
$560,496
Net Assets
$550,543
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
OH
Principal Officer
Katy Sheehan
Phone
5137443304
Tax Period
2023-07-01 to 2024-06-30

CINCINNATI BOYCHOIR INC, founded in 1965, is a small nonprofit in the Arts, Culture & Humanities sector that reported $351K in total revenue in fiscal year 2023. The organization ran a surplus of $85K, a strong 24% operating margin.

Mission

TO ENHANCE AND DEEPEN EVERY BOYS CREATIVE EXPRESSION, COMMUNITY ENGAGEMENT, AND CULTURAL APPRECIATION THROUGH THE VOCAL ARTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $269,767
Program Service Revenue $67,966
Investment Income $10,433
Other Revenue $2,772
TOTAL REVENUE $350,938

Expense Breakdown

Grants Paid $5,982
Salaries & Benefits $180,791
Fundraising Expenses $53,567
Program Expenses $163,792
Other Expenses $72,068
TOTAL EXPENSES $265,911

Year-over-Year Comparison

2023 2022 Change
Revenue $350,938 $339,606 +0.0%
Expenses $265,911 $274,528 0.0%
Net Income $85,027 $65,078 +0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
14
Independent Members
13
Employees
6
Volunteers
50

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$62,000
Total Directors
15
$62,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Jason Alexander Holmes Artistic Director 40.00
Officer Director
$62,000 $0 $62,000
Scott Brody Board Member 1.00
Director
$0 $0 $0
Katy Sheehan Co-President 2.00
Officer Director
$0 $0 $0
Emily Reinhold Co-President 2.00
Officer Director
$0 $0 $0
Bryan Hafertepe Secretary 1.00
Officer Director
$0 $0 $0
Liza Sanchez Treasurer 1.00
Officer Director
$0 $0 $0
Drew Abbott Board Member 1.00
Director
$0 $0 $0
Courtney Cain-Littlefield Board Member 1.00
Director
$0 $0 $0
Bryan Corbett Board Member 1.00
Director
$0 $0 $0
Dr Tom Merrill Board Member 1.00
Director
$0 $0 $0
Tyra Oldham Board Member 1.00
Director
$0 $0 $0
Sharon Hafertepe Board Member 1.00
Director
$0 $0 $0
Carmie Maloney Board Member 1.00
Director
$0 $0 $0
Tanya Mack Board Member 1.00
Director
$0 $0 $0
Noel Walton Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2024 $350,938 $265,911 $560,496 $85,027
2023 $339,606 $274,528 $459,119 $65,078
2022 $432,951 $286,074 $394,121 $146,877
2021 $442,560 $246,778 $297,971 $195,782
2020 $394,706 $322,349 $145,111 $72,357
2019 $634,361 $740,944 $54,436 $-106,583
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