Council For the Vail-leavitt Music Hall Inc is a 501(c)(3) organization based in Riverhead, New York, registered in 1981, with $95,900 in FY2012 revenue. CharityIndex grades it D.
Revenue (FY2012)
$96K
▲ 176.2% vs prior year
Expenses (FY2012)
$125K
Net assets
$313K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Council For the Vail-leavitt Music Hall Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Council For the Vail-leavitt Music Hall Inc: 30 mo reserves · -30% margin earns a D on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Council For the Vail-leavitt Music Hall Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Council For the Vail-leavitt Music Hall Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $115K (FY2010) to $96K (FY2012) across 3 reported years.
Financial snapshot
Operating margin
-30.0%
Spent more than it raised in the latest fiscal year.
Total assets
$327K
Total liabilities
$14K
Net assets
$313K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2012 | $95,900▲176% | $124,662▲147% | $312,820▼8.4% | $327,294▼4.2% | 990EZ |
| 2011 | $34,719▼69.8% | $50,566▼60.1% | $341,582▼4.4% | $341,582▼4.4% | 990EZ |
| 2010 | $114,982 | $126,584 | $357,429 | $357,429 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Council For the Vail-leavitt Music Hall Inc (EIN 11-2569184) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.