Quick charity verification for Bring Back The Music Ltd (EIN: 113801924)
Verdict: Bring Back The Music Ltd shows mixed signals
65/100Mission Score
$13KRevenue
$10KAssets
4Red Flags
2Strengths
Red Flags
Significant and consistent operational deficits in multiple years (e.g., $2,584 in 2022, $4,209 in 2020, $1,374 in 2019, $8,693 in 2018, $491 in 2016).
Sharp decline in revenue from $70,807 in 2021 to $12,700 in 2022, indicating potential instability in funding.
Decrease in assets from a high of $40,106 in 2017 to $9,934 in 2022.
Introduction of $4,000 in liabilities in 2022 after several years of reporting none.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating a focus on mission over executive pay.
Long filing history (8 filings), suggesting a commitment to IRS compliance and transparency over time.
Spending Breakdown
How Bring Back The Music Ltd allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Bring Back The Music Ltd
Is Bring Back The Music Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Bring Back The Music Ltd (EIN: 113801924) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
Is Bring Back The Music Ltd a good charity to donate to?
Bring Back The Music Ltd has a Mission Score of 65/100. Revenue: $13K. Assets: $10K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Bring Back The Music Ltd?
The Employer Identification Number (EIN) for Bring Back The Music Ltd is 113801924. 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 Bring Back The Music Ltd spend its money?
Bring Back The Music Ltd allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Bring Back The Music Ltd's tax-exempt status?
You can verify Bring Back The Music Ltd's tax-exempt status using EIN 113801924 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
Bring Back The Music Ltd exhibits inconsistent financial performance over the past several years. While the organization reported revenues as high as $98,987 in 2019 and $95,751 in 2018, its latest filing for 2022 shows a significant drop to $12,700 in revenue, accompanied by expenses exceeding revenue at $15,284. This trend of expenses often surpassing revenue, as seen in 2022, 2020, 2019, 2018, and 2016, suggests potential challenges in maintaining financial stability and operational funding.
The organization's assets have also fluctuated, peaking at $40,106 in 2017 but declining to $9,934 in 2022, while liabilities increased to $4,000 in the latest period after several years of reporting zero liabilities. The consistent reporting of 0% officer compensation across all filings indicates a commitment to directing funds towards the mission rather than executive salaries, which is a positive sign for donor confidence. However, the overall financial health appears to be in decline, with a notable drop in scale and an increase in liabilities in the most recent period.