Quick charity verification for Bagaduce Music Lending Library (EIN: 222537865)
Verdict: Bagaduce Music Lending Library appears trustworthy
85/100Mission Score
$522KRevenue
$3.0MAssets
3Red Flags
3Strengths
Red Flags
Revenue has shown a general downward trend over the past several years, from $600,028 in 2017 to $266,662 in 2023.
Total assets have decreased from $3,649,047 in 2017 to $2,887,090 in 2023, suggesting a draw on reserves or asset depreciation.
The organization consistently reports 0% lobbying expenses, which may limit advocacy efforts if relevant to their mission.
Strengths
Consistent operation and filing history since at least 2016, demonstrating organizational stability.
Low liability relative to assets, indicating a healthy financial position.
The mission of lending music is unique and directly serves a cultural and educational need in the community.
AI Transparency Report
Bagaduce Music Lending Library is a education nonprofit based in Blue Hill, Maine, with reported revenue of $522K and assets of $3.0M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation is not reported in the provided filings, indicating that no officer, director, trustee, or key employee received more than $100,000 in reportable compensation. Revenue has grown +32% across 13 filing periods.