Quick charity verification for Portland Chamber Music Festival (EIN: 10484781)
Verdict: Portland Chamber Music Festival appears trustworthy
92/100Mission Score
$253KRevenue
$150KAssets
2Red Flags
5Strengths
Red Flags
Unusually low liabilities, potentially indicating very conservative financial management or reliance on immediate cash flow.
0% officer compensation, while positive for efficiency, could indicate a reliance on unpaid leadership which may not be sustainable long-term for growth.
Strengths
Strong program spending efficiency due to 0% officer compensation.
Consistent growth in assets, from $27,950 in 2014 to $151,545 in 2023, indicating financial health.
Very low liabilities across all reported periods, demonstrating minimal debt.
Consistent filing of IRS 990s over 14 periods, showing strong transparency.
Revenues generally exceed expenses, contributing to financial stability.
Spending Breakdown
How Portland Chamber Music Festival 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 Portland Chamber Music Festival
Is Portland Chamber Music Festival a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Chamber Music Festival (EIN: 10484781) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Portland Chamber Music Festival a good charity to donate to?
Portland Chamber Music Festival has a Mission Score of 92/100. Revenue: $253K. Assets: $150K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Portland Chamber Music Festival?
The Employer Identification Number (EIN) for Portland Chamber Music Festival is 10484781. 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 Portland Chamber Music Festival spend its money?
Portland Chamber Music Festival allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Portland Chamber Music Festival's tax-exempt status?
You can verify Portland Chamber Music Festival's tax-exempt status using EIN 10484781 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 Portland Chamber Music Festival demonstrates consistent financial health over the past decade, with revenues generally exceeding expenses, leading to a steady growth in assets. For example, in 2023, the organization reported revenues of $228,015 against expenses of $224,068, contributing to assets of $151,545. While there have been occasional years where expenses slightly outpaced revenue, such as in 2022 ($257,115 expenses vs. $226,165 revenue), these appear to be minor fluctuations within a stable financial trend. The organization's liabilities have consistently remained very low, often under $2,000, indicating strong financial management and minimal debt burden.
The festival's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of funds are directed towards program delivery and operational costs rather than executive salaries. The NTEE code A69 (Performing Arts) aligns well with the organization's name and mission, indicating a clear program focus. The consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency, providing a clear historical record of financial activities.
Overall, the Portland Chamber Music Festival exhibits sound financial practices, a clear dedication to its mission through efficient spending, and a good level of transparency through its regular public filings. The growth in assets from $27,950 in 2014 to $151,545 in 2023 further underscores its financial stability and capacity to sustain its programs.