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Ohio · Nonprofit

MASTERWORKS CHORALE

MASTERWORKS CHORALE (Ohio) receives grants from 6 organizations whose IRS filings report $72,745 to it, the largest being TOLEDO COMMUNITY FOUNDATION INC ($56,978). 3 of them have funded it in more than one year, and 89% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$84k
Funders on record
6
Grants received
$73k
Net assets
$219k
3/6 repeat funderspeak grant-dependency 20%
01What it does

What Masterworks Chorale does

Mission

Music education enrichment

As stated on its FY2025 Form 990-EZ.

Program

  1. Masterworks Chorale is an ensemble of mixed voices whose purpose is to perform a wide variety of chorale literature at various community events

    $62,750 spentof which $11,000 as grants
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $62,750.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($60k) Expenses 100 ($64k) Net assets 100 ($151k)2018 Revenue 100 ($60k) Expenses 103 ($65k) Net assets 101 ($153k)2019 Revenue 95 ($57k) Expenses 101 ($64k) Net assets 98 ($148k)2022 Revenue 101 ($60k) Expenses 67 ($43k) Net assets 102 ($154k)2023 Revenue 128 ($76k) Expenses 105 ($67k) Net assets 113 ($171k)2024 Revenue 131 ($78k) Expenses 84 ($54k) Net assets 128 ($193k)2025 Revenue 141 ($84k) Expenses 98 ($63k) Net assets 145 ($219k)
2017201820192022202320242025
Revenue (141)Expenses (98)Net assets (145)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $193k to $219k (+13%).

$151k
$153k
$148k
$154k
$171k
$193k
$219k
2017201820192022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

95% of MASTERWORKS CHORALE’s revenue is contributions — more donation-reliant than the typical peer (78% for the typical peer).

This organization
Typical peer · 18,808 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 7 reported years ran a deficit.

−$4k
’17
−$6k
’18
−$8k
’19
$17k
’22
$9k
’23
$24k
’24
$22k
’25
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $1k → $15k.

3 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 89% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MASTERWORKS CHORALE’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MASTERWORKS CHORALE leans on a few funders — its largest provides 78% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MASTERWORKS CHORALE.

78%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 99% · 2022 50% · 2023 51% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

89% of MASTERWORKS CHORALE's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $8k that is directly attributable, 86% of it comes from Ohio funders.

NY
OH

In-state vs out-of-state, by year

’17
’22
’23
Ohio out of state home

Funder states come from each funder’s own filing. $65k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MASTERWORKS CHORALE runs a healthier operating margin than three-quarters of the 10,242 arts & culture nonprofits its size.

Operating margin26% · top quartile
Revenue growth (annualized)4% · above the median

this organization peer median middle 50% of peers· 10,242 arts & culture nonprofits under $100k, FY2025

Organizations like MASTERWORKS CHORALE

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Ohio

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

90%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Screen this organization

A dated, signed PDF of the compliance screen for MASTERWORKS CHORALE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MASTERWORKS CHORALE?
MASTERWORKS CHORALE (Ohio) receives grants from 6 organizations whose IRS filings report $72,745 to it, the largest being TOLEDO COMMUNITY FOUNDATION INC ($56,978). 3 of them have funded it in more than one year, and 89% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does MASTERWORKS CHORALE have?
IRS filings report 6 organizations giving $72,745 in grants to MASTERWORKS CHORALE, 3 of which have funded it in more than one year.
Who is the largest funder of MASTERWORKS CHORALE?
TOLEDO COMMUNITY FOUNDATION INC is the largest funder on record, with $56,978 in grants. The full list of funders is on this page.
How can an organization like MASTERWORKS CHORALE find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Ohio. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Masterworks Chorale →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing