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.
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.