Rhythm X Performance Ensemble is a 501(c)(3) organization based in Cincinnati, Ohio, registered in 2003, with $310,810 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$311K
▼ 20.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$300K
Net assets
$200K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →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 Rhythm X Performance Ensemble— 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 Rhythm X Performance Ensemble: 8 mo reserves · +4% margin earns a A 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 Rhythm X Performance Ensemble— 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 Rhythm X Performance Ensemble: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $197K (FY2014) to $311K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
3.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$231K
Total liabilities
$31K
Net assets
$200K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $310,810▼20.6% | $299,732▲4.3% | $199,751▼14.1% | $231,144▼14.8% | 990 |
| 2023 | $391,417▲6.8% | $287,500▲47.6% | $232,435▲78.7% | $271,309▲41.8% | 990 |
| 2022 | $366,573▲110% | $194,726▲2.0% | $130,096▲401% | $191,284▲1164% | 990 |
| 2021 | $174,473▲2273% | $190,930▲1332% | -$43,172▼61.6% | $15,134▲33.5% | 990 |
| 2020 | $7,351▼96.6% | $13,336▼93.0% | -$26,714▼635% | $11,338▼77.8% | 990 |
| 2019 | $216,806▲34.2% | $191,097▲17.4% | $4,990▲124% | $51,160▼22.6% | 990 |
| 2018 | $161,574▲0.6% | $162,765▼18.2% | -$20,719▼6.1% | $66,077▲76.1% | 990EZ |
| 2017 | $160,674▼24.9% | $198,938▼6.1% | -$19,528▼204% | $37,512▼28.2% | 990EZ |
| 2016 | $213,952▲7.7% | $211,966▲19.9% | $18,736▲11.9% | $52,258▲54.0% | 990 |
| 2015 | $198,580▲0.7% | $176,744▼11.2% | $16,750▲429% | $33,923▲4.7% | 990EZ |
| 2014 | $197,248 | $199,054 | -$5,086 | $32,412 | 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 Rhythm X Performance Ensemble (EIN 31-1813450) 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.