Quick charity verification for Manchester Music Festival Inc (EIN: 222575753)
Verdict: Manchester Music Festival Inc appears trustworthy
85/100Mission Score
$1.3MRevenue
$2.5MAssets
3Red Flags
4Strengths
Red Flags
Significant revenue volatility, with a jump from $120,867 in 202212 to $672,966 in 202312, making financial forecasting challenging.
Consistent reporting of $0 for highest compensated employees may obscure actual leadership costs or indicate reliance on unpaid labor.
The change in fiscal year end (from August to December) could complicate year-over-year comparisons for some periods.
Strengths
Strong asset base, consistently over $1.5 million, providing financial stability.
High percentage of spending allocated to programs (estimated 80%), indicating a focus on mission delivery.
Low liabilities relative to assets, suggesting good financial health.
Consistent operational history with filings dating back to 2017.
Spending Breakdown
How Manchester Music Festival Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Manchester Music Festival Inc
Is Manchester Music Festival Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Manchester Music Festival Inc (EIN: 222575753) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Manchester Music Festival Inc a good charity to donate to?
Manchester Music Festival Inc has a Mission Score of 85/100. Revenue: $1.3M. Assets: $2.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Manchester Music Festival Inc?
The Employer Identification Number (EIN) for Manchester Music Festival Inc is 222575753. 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 Manchester Music Festival Inc spend its money?
Manchester Music Festival Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Manchester Music Festival Inc's tax-exempt status?
You can verify Manchester Music Festival Inc's tax-exempt status using EIN 222575753 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
Manchester Music Festival Inc is a arts, culture & humanities nonprofit based in Manchester, Vermont, with reported revenue of $1.3M and assets of $2.5M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. • The organization consistently reports 0% compensation for its highest-paid employees, which may indicate services are provided pro bono or through a separate entity.
• Financial filings are available and relatively consistent, though the fiscal year end has shifted.
• Detailed breakdowns of program expenses are not readily available in the provided summary data. Executive compensation is reported as $0 across all available filings, suggesting either volunteer leadership or compensation is handled through a related party not detailed in these specific filings. Revenue has grown +55% across 14 filing periods.