Consistent revenue growth from $58,019 (2021) to $67,125 (2023).
Zero officer compensation reported across all three filing periods.
Healthy asset growth from $119,658 (2021) to $133,398 (2023).
No reported liabilities, indicating strong financial health and responsible management.
Expenses are well-managed relative to revenue, allowing for asset accumulation.
Spending Breakdown
How Nashville Philharmonic Orchestra allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Nashville Philharmonic Orchestra
Is Nashville Philharmonic Orchestra a legitimate charity?
Based on AI analysis of IRS 990 filings, Nashville Philharmonic Orchestra (EIN: 200787704) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Nashville Philharmonic Orchestra a good charity to donate to?
Nashville Philharmonic Orchestra has a Mission Score of 92/100. Revenue: $123K. Assets: $131K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Nashville Philharmonic Orchestra?
The Employer Identification Number (EIN) for Nashville Philharmonic Orchestra is 200787704. 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 Nashville Philharmonic Orchestra spend its money?
Nashville Philharmonic Orchestra allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Nashville Philharmonic Orchestra's tax-exempt status?
You can verify Nashville Philharmonic Orchestra's tax-exempt status using EIN 200787704 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 Nashville Philharmonic Orchestra demonstrates consistent financial health and strong program focus. Over the past three years, the organization has shown steady revenue growth, from $58,019 in 2021 to $67,125 in 2023, indicating increasing community support. Expenses have also risen, but at a controlled pace, allowing for a healthy accumulation of assets, which stood at $133,398 in 2023 with no reported liabilities. This suggests sound financial management and a responsible approach to growth.
The organization's spending efficiency appears high, particularly given that 0% of expenses were allocated to officer compensation across all reported periods. This indicates that resources are primarily directed towards its mission. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation is a strong indicator of efficient use of funds. The consistent asset growth without incurring liabilities further underscores financial stability and effective resource stewardship.
In terms of transparency, the consistent filing of IRS Form 990s over three periods (2021-2023) demonstrates a commitment to public accountability. The clear reporting of revenue, expenses, assets, and liabilities, along with the explicit mention of 0% officer compensation, provides a good foundation for assessing the organization's financial practices. The lack of liabilities is also a positive sign of responsible financial planning.