Quick charity verification for The Discovery Orchestra Inc (EIN: 222822802)
Verdict: The Discovery Orchestra Inc appears trustworthy
85/100Mission Score
$425KRevenue
$501KAssets
2Red Flags
3Strengths
Red Flags
Total expenses exceeded revenue in 2023 ($672,802 vs. $430,124), leading to a decrease in net assets.
Significant fluctuation in revenue and expenses over the past five years, suggesting potential instability in funding or program delivery.
Strengths
Consistently low liabilities relative to assets, indicating good financial health despite revenue fluctuations.
The organization maintains a positive net asset position, demonstrating long-term solvency.
A clear mission focused on music education and appreciation.
AI Transparency Report
The Discovery Orchestra Inc is a arts, culture & humanities nonprofit based in Summit, New Jersey, with reported revenue of $425K and assets of $501K. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. Executive compensation is not reported as a significant expense in the available filings, indicating a lean operational structure. Revenue has remained stable -5% across 12 filing periods.