Is Diller Quaile School Of Music Inc Legit?

Quick charity verification for Diller Quaile School Of Music Inc (EIN: 131843420)

Verdict: Diller Quaile School Of Music Inc appears trustworthy

85/100Mission Score
$3.8MRevenue
$8.1MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Diller Quaile School Of Music Inc allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
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 Diller Quaile School Of Music Inc

Is Diller Quaile School Of Music Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Diller Quaile School Of Music Inc (EIN: 131843420) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

Is Diller Quaile School Of Music Inc a good charity to donate to?

Diller Quaile School Of Music Inc has a Mission Score of 85/100. Revenue: $3.8M. Assets: $8.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Diller Quaile School Of Music Inc?

The Employer Identification Number (EIN) for Diller Quaile School Of Music Inc is 131843420. 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 Diller Quaile School Of Music Inc spend its money?

Diller Quaile School Of Music Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Diller Quaile School Of Music Inc's tax-exempt status?

You can verify Diller Quaile School Of Music Inc's tax-exempt status using EIN 131843420 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

The Diller Quaile School Of Music Inc. demonstrates a generally stable financial position, with assets consistently exceeding liabilities. In the most recent filing (202306), the organization reported revenue of $4,271,264 against expenses of $3,375,960, indicating a healthy surplus. However, there have been periods of significant deficits, such as in 202006 where expenses ($4,414,731) substantially outpaced revenue ($2,983,978). The organization's asset base has fluctuated, showing a notable decrease from nearly $20 million in 2014-2016 to around $8-9 million in more recent years, which warrants further investigation into the cause of this reduction. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards the mission rather than executive salaries, enhancing its transparency and public trust. Spending efficiency appears reasonable, with the organization generally managing its expenses in relation to its revenue, although some years show significant operational losses. The absence of reported officer compensation is a significant positive indicator of efficient resource allocation. The organization's NTEE code (A6E0 - Music, Performing Arts Schools) aligns well with its name, suggesting a clear program focus. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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