Quick charity verification for Brightmusic Society Of Oklahoma (EIN: 205593297)
Verdict: Brightmusic Society Of Oklahoma appears trustworthy
85/100Mission Score
$70KRevenue
$39KAssets
1Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the last two fiscal periods (2022 and 2023), totaling a deficit of over $43,000.
Strengths
Consistently reports 0% officer compensation, indicating a volunteer-driven leadership.
Maintains zero liabilities across all reported periods, demonstrating strong financial solvency.
Healthy asset base, ranging from $31,860 to $92,495, providing financial stability.
Consistent filing of IRS Form 990s, indicating good transparency.
Spending Breakdown
How Brightmusic Society Of Oklahoma allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Brightmusic Society Of Oklahoma
Is Brightmusic Society Of Oklahoma a legitimate charity?
Based on AI analysis of IRS 990 filings, Brightmusic Society Of Oklahoma (EIN: 205593297) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Brightmusic Society Of Oklahoma a good charity to donate to?
Brightmusic Society Of Oklahoma has a Mission Score of 85/100. Revenue: $70K. Assets: $39K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Brightmusic Society Of Oklahoma?
The Employer Identification Number (EIN) for Brightmusic Society Of Oklahoma is 205593297. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Brightmusic Society Of Oklahoma spend its money?
Brightmusic Society Of Oklahoma allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Brightmusic Society Of Oklahoma's tax-exempt status?
You can verify Brightmusic Society Of Oklahoma's tax-exempt status using EIN 205593297 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
Brightmusic Society Of Oklahoma demonstrates consistent financial activity, with revenues fluctuating between approximately $50,000 and $96,000 over the past decade. The organization has maintained a healthy asset base, ranging from $31,860 to $92,495, and consistently reports zero liabilities, indicating strong financial solvency. While the organization experienced deficits in the 2022 and 2023 fiscal periods (expenses exceeding revenue by $35,579 and $7,516 respectively), these appear to be managed within their asset reserves. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-driven leadership model, which contributes to lower administrative overhead and higher program efficiency.
The organization's financial health appears stable, albeit with recent operational deficits. Their transparency is excellent, with readily available filings and clear financial statements showing no debt. The absence of officer compensation is a significant positive indicator of efficient resource allocation. However, the recent trend of expenses exceeding revenue warrants monitoring to ensure long-term sustainability, despite the current strong asset position.