Is Friends Of The Mozartina Musical Arts Conservatory Inc Legit?
Quick charity verification for Friends Of The Mozartina Musical Arts Conservatory Inc (EIN: 133020574)
Verdict: Friends Of The Mozartina Musical Arts Conservatory Inc appears trustworthy
85/100Mission Score
$5.2MRevenue
$5.1MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent multi-million dollar revenue stream, demonstrating strong fundraising or operational capacity.
Zero reported officer compensation across all filings, indicating a commitment to minimizing executive overhead.
Significant growth in assets from $2,628,577 in 2017 to $5,241,442 in 2023, reflecting sound financial management.
Consistent filing of IRS Form 990s over 13 periods, indicating good regulatory compliance and transparency.
Spending Breakdown
How Friends Of The Mozartina Musical Arts Conservatory Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Friends Of The Mozartina Musical Arts Conservatory Inc
Is Friends Of The Mozartina Musical Arts Conservatory Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of The Mozartina Musical Arts Conservatory Inc (EIN: 133020574) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Friends Of The Mozartina Musical Arts Conservatory Inc a good charity to donate to?
Friends Of The Mozartina Musical Arts Conservatory Inc has a Mission Score of 85/100. Revenue: $5.2M. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of The Mozartina Musical Arts Conservatory Inc?
The Employer Identification Number (EIN) for Friends Of The Mozartina Musical Arts Conservatory Inc is 133020574. 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 Friends Of The Mozartina Musical Arts Conservatory Inc spend its money?
Friends Of The Mozartina Musical Arts Conservatory Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of The Mozartina Musical Arts Conservatory Inc's tax-exempt status?
You can verify Friends Of The Mozartina Musical Arts Conservatory Inc's tax-exempt status using EIN 133020574 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
Friends Of The Mozartina Musical Arts Conservatory Inc demonstrates a generally stable financial position over the past decade, with revenues consistently in the multi-million dollar range. While there have been fluctuations, such as a dip in revenue in 2021 to $2,650,421 followed by a recovery to $4,249,733 in 2022, the organization appears to manage its expenses in line with its income. For instance, in 2023, expenses of $3,931,986 were slightly higher than revenue of $3,779,287, indicating a minor deficit for that period, but this is not a consistent trend.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing overhead in this specific area, which is a positive indicator for donor confidence. The asset base has grown significantly over the years, from $2,628,577 in 2017 to $5,241,442 in 2023, indicating good financial stewardship and accumulation of resources.
Transparency regarding executive compensation is excellent, with no reported officer compensation. However, without further details on the allocation of expenses (e.g., program vs. administrative), a complete picture of spending efficiency and overall transparency is limited. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and public disclosure.