Consistent operational deficits in recent years (2021-2023), with expenses exceeding revenue.
Unusual reporting of 0% officer compensation across all filings, potentially obscuring executive pay details.
Decrease in total assets from $3,307,231 in 2020 to $2,225,251 in 2023, indicating asset utilization to cover deficits.
Strengths
Strong program spending focus, indicating a commitment to its mission.
Healthy asset-to-liability ratio, with assets significantly exceeding liabilities ($2,225,251 vs. $384,603 in 2023).
Consistent revenue generation over $2 million annually, demonstrating strong donor and audience support.
Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
Spending Breakdown
How Tulsa Symphony Orchestra Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Tulsa Symphony Orchestra Inc
Is Tulsa Symphony Orchestra Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tulsa Symphony Orchestra Inc (EIN: 203798077) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 4 strengths noted.
Is Tulsa Symphony Orchestra Inc a good charity to donate to?
Tulsa Symphony Orchestra Inc has a Mission Score of 70/100. Revenue: $2.7M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tulsa Symphony Orchestra Inc?
The Employer Identification Number (EIN) for Tulsa Symphony Orchestra Inc is 203798077. 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 Tulsa Symphony Orchestra Inc spend its money?
Tulsa Symphony Orchestra Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tulsa Symphony Orchestra Inc's tax-exempt status?
You can verify Tulsa Symphony Orchestra Inc's tax-exempt status using EIN 203798077 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
Tulsa Symphony Orchestra Inc. demonstrates a mixed financial picture. While the organization has consistently generated over $2 million in revenue annually, recent filings show a trend of expenses exceeding revenue. For instance, in fiscal year 2023, expenses were $3,182,731 against revenues of $2,692,979, resulting in a deficit. This pattern was also observed in 2022 and 2021. Despite these operational deficits, the organization maintains a healthy asset base, with assets of $2,225,251 in 2023, significantly exceeding its liabilities of $384,603. This suggests a degree of financial stability, likely supported by prior years' surpluses and accumulated reserves.
The organization's spending efficiency appears to prioritize its programmatic mission, which is a positive indicator. However, the consistent operational deficits warrant closer examination to ensure long-term sustainability. The absence of reported officer compensation across all filings suggests either a volunteer leadership structure or that compensation is reported under other categories, which could impact transparency regarding executive pay. Overall, while the organization is transparent with its filings, the recent financial performance indicates a need for strategic adjustments to align expenses with revenue.