CINCINNATI MUSICAL FESTIVAL ASSOCIATION Charity Report

Public IRS 990 nonprofit record

CINCINNATI MUSICAL FESTIVAL ASSOCIATION

EIN 31-0584309 · Arts, Culture & Humanities (A6B0)

What they do

WE EXIST to ENGAGE, ENERGIZE and CONNECT OUR COMMUNITY WITH THE HIGHEST QUALITY PERFORMANCES of GREAT CHORAL MUSIC. OUR VISION is to BE THE MOST EXCITING FORCE IN THE CHORAL WORLD and to BE A LEADER and CATALYST IN THE PRODUCTION, PRESENTATION and PROMOTION of CHORAL ACTIVITIES IN OUR REGION and AROUND THE GLOBE. WE BELIEVE IN FOSTERING CHORAL MUSIC of THE HIGHEST ARTISTIC STANDARDS; PRESERVING THE HISTORY, ENHANCING THE PRESENT and EMBRACING THE FUTURE of CHORAL MUSIC; CULTIVATING DIVERSE AUDIENCES, CHOIRS and SINGERS WHO ARE PASSIONATE ABOUT CHORAL MUSIC; and OPERATING IN A FINANCIALLY SOUND MANNER.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

80.61%of revenue went to mission work77.5% of expenses · Program services

7.52%of revenue went to fundraising7.2% of expenses

$104.05spent for every $100 of revenueSpending was higher than revenue this year.

15.92%of revenue went to management and office costs15.3% of expenses

$8.32in assets for every $1 spent this yearSome assets cannot be spent right away.

40.6%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $142,034 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $360,917 for STEVEN SUNDERMAN (EXECUTIVE DIRECTOR (UNTIL 06/23/24)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$3,503,899

Mission workProgram services$2,824,42580.61% of revenue77.5% of expenses

ManagementOffice and general costs$557,88315.92% of revenue15.3% of expenses

FundraisingAsking for donations$263,6257.52% of revenue7.2% of expenses

Total expenses$3,645,933104.05% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.5% mission · 15.3% management · 7.2% fundraisingTotal expenses: 104.05% of revenue

2023Expense mix: 81.5% mission · 12.3% management · 6.3% fundraisingTotal expenses: 89.22% of revenue

2022Expense mix: 80.9% mission · 13.1% management · 6.1% fundraisingTotal expenses: 113.46% of revenue

2021Expense mix: 73.8% mission · 19.4% management · 6.9% fundraisingTotal expenses: 37.33% of revenue

2020Expense mix: 80.1% mission · 14.5% management · 5.5% fundraisingTotal expenses: 55.06% of revenue

2019Expense mix: 77.4% mission · 16.3% management · 6.3% fundraisingTotal expenses: 50.70% of revenue

2018Expense mix: 81.1% mission · 11.4% management · 7.4% fundraisingTotal expenses: 95.91% of revenue

2017Expense mix: 83.2% mission · 9.9% management · 6.9% fundraisingTotal expenses: 97.41% of revenue

Money in and money out

Revenue$3,503,899

Expenses$3,645,933

Annual shortfall $142,034 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,824,425 · 77.5% of expenses

Management and office costs$557,883 · 15.3% of expenses

Fundraising$263,625 · 7.2% of expenses

See all reported dollar amounts

Revenue$3,503,899

Expenses$3,645,933

Assets$30,332,523

Income$4,273,306

Contributions$1,421,641

Mission work (program services)$2,824,425

Fundraising$263,625

Management and general$557,883

Stocks and bonds$26,783,347

Accounting fees$17,430

Investing fees$48,892

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

STEVEN SUNDERMANEXECUTIVE DIRECTOR (UNTIL 06/23/24) · 50 hrs/week $360,917Base $335,077 · Other $25,840

CATHERINE DIXONDIRECTOR OF ADVANCEMENT & ENGAGEMENT · 40 hrs/week $129,845Base $102,907 · Other $26,938

MATTHEW SWANSONINTERIM EXECUTIVE DIRECTOR(JOINED 06/24/24) · 50 hrs/week $118,288Base $103,238 · Other $15,050

JONATHAN MARTINPRESIDENT · 5 hrs/week $37,295Base $34,708 · Other $2,587

ROBERT MCGRATHCOO · 5 hrs/week $31,570Base $28,096 · Other $3,474

RICHARD FRESHWATERVP & CFO · 8 hrs/week $17,665Base $15,585 · Other $2,080

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

STEVEN SUNDERMANEXECUTIVE DIRECTOR (UNTIL 06/23/24)

CATHERINE DIXONDIRECTOR OF ADVANCEMENT & ENGAGEMENT

MATTHEW SWANSONINTERIM EXECUTIVE DIRECTOR(JOINED 06/24/24)

JONATHAN MARTINPRESIDENT

ROBERT MCGRATHCOO

RICHARD FRESHWATERVP & CFO

ROBERT K LOMAXDIRECTOR

MARY MONAHAN GIMPELDIRECTOR

MELANIE M CHAVEZDIRECTOR

MIKE CURRANVICE CHAIR

RENE MCPHEDRANDIRECTOR

MANISHA PATELDIRECTOR

RUTHANN SAMMARCODIRECTOR

SHELBY WOODDIRECTOR

TERESA F ERNSTDIRECTOR

TOM KIRKPATRICKDIRECTOR

WILLIAM HENRY CALDWELLDIRECTOR

MARY H STUCKYSECRETARY

ANTHONY LAZZERITREASURER

KELLY WILLBRANDTDIRECTOR

KATHY RAMBODIRECTOR

JEANNINE WINKELMANNDIRECTOR

J MARK HOLCOMBDIRECTOR

ISAIAH HYMAN JRDIRECTOR

HELENE BENTLEYDIRECTOR

ERIC K COMBSIMMEDIATE PAST CHAIR

EILEEN STANISICDIRECTOR

DR DAVID A HUELSMANDIRECTOR

DAVID BOYLESDIRECTOR

CHRISTY HORANCHAIR

CHRISTOPHER CANARIEDIRECTOR

BARBARA FELDMANNDIRECTOR

About this charity

Recognized since: January 1947
Location: 1241 ELM ST, CINCINNATI, OH 45202-7531
County: Hamilton
In care of: % MICHAEL J VERONI
Primary officer: JULIANNE AKINS SMITH, EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website EmailEmailcontact@mayfestival.com Phone(513) 744-3306

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLARK SCHAEFER HACKETT & CO
NTEE classification: Arts, Culture & Humanities (A6B0)