Is New Orleans Musicians… | NonprofitSpending

Quick charity verification for New Orleans Musicians Assistancefoundation (EIN: 208139539)

Strengths

Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
Strong asset base ($2,534,148 in 2023) relative to liabilities ($86,113 in 2023), demonstrating financial stability.
Long history of IRS 990 filings (13 filings), showing consistent transparency and compliance.
Healthy asset-to-liability ratio across all reported periods.
Clear mission alignment with NTEE code A68 (Performing Arts, Music).

Spending Breakdown

How New Orleans Musicians Assistancefoundation allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 New Orleans Musicians Assistancefoundation

Is New Orleans Musicians Assistancefoundation a legitimate charity?

Based on AI analysis of IRS 990 filings, New Orleans Musicians Assistancefoundation (EIN: 208139539) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is New Orleans Musicians Assistancefoundation a good charity to donate to?

New Orleans Musicians Assistancefoundation has a Mission Score of 90/100. Revenue: $2.1M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for New Orleans Musicians Assistancefoundation?

The Employer Identification Number (EIN) for New Orleans Musicians Assistancefoundation is 208139539. 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 New Orleans Musicians Assistancefoundation spend its money?

New Orleans Musicians Assistancefoundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify New Orleans Musicians Assistancefoundation's tax-exempt status?

You can verify New Orleans Musicians Assistancefoundation's tax-exempt status using EIN 208139539 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 New Orleans Musicians Assistance Foundation demonstrates a generally stable financial position, with assets consistently exceeding liabilities across its filing history. While revenue has fluctuated, peaking at $2,912,575 in 2020 and most recently reported at $1,137,169 in 2023, the organization has maintained a healthy asset base, currently at $2,534,148. The organization's spending efficiency appears strong, as indicated by the absence of reported officer compensation, suggesting resources are directed towards its mission rather than executive salaries. However, the 2023 filing shows expenses ($1,427,977) exceeding revenue ($1,137,169), indicating a deficit for that period, which warrants monitoring.

The organization's transparency is commendable given the consistent reporting of zero officer compensation, which is a strong indicator of a volunteer-led or very lean administrative structure at the top. The consistent filing of IRS Form 990s over 13 periods also reflects a commitment to public disclosure. The NTEE code A68 (Performing Arts, Music) aligns well with its name, suggesting a clear mission focus.

Overall, the New Orleans Musicians Assistance Foundation appears to be a financially sound organization with a strong commitment to its mission and good transparency practices. The recent deficit in 2023 should be observed in future filings, but the overall trend of healthy assets and no executive compensation are positive indicators.

Is New Orleans Musicians Assistancefoundation Legit?

Verdict: New Orleans Musicians Assistancefoundation appears trustworthy

Red Flags