Aaron Copland Fund For Music Inc

Aaron Copland Fund For Music maintains stable assets and zero officer compensation amidst fluctuating annual revenues.

EIN: 133620909 · New York, NY · Updated: 2026-03-28

$5.6MRevenue
$18.3MAssets
85/100Mission Score (Excellent)
Aaron Copland Fund For Music Inc Financial Summary
MetricValue
Total Revenue$5.6M
Total Expenses$2.8M
Program Spending85%
CEO/Top Officer Pay$18M
Net Assets$18.5M
Transparency Score85/100

Is Aaron Copland Fund For Music Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Aaron Copland Fund For Music Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Aaron Copland Fund For Music Inc

Aaron Copland Fund For Music Inc (EIN: 133620909) is a nonprofit organization based in New York, NY. The organization reported total revenue of $5.6M and total assets of $18.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Aaron Copland Fund For Music Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

35Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Aaron Copland Fund For Music Inc is a mid-size nonprofit that has been operating for 35 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.2%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$2.2M
Total Expenses$2.8M
Surplus / Deficit$-638,355
Total Assets$18.5M
Total Liabilities$1
Net Assets$18.5M
Operating Margin-29.0%
Debt-to-Asset Ratio0.0%
Months of Reserves78.4 months

Financial Health Grade: B

In 2023, Aaron Copland Fund For Music Inc reported a deficit of $638K with expenses exceeding revenue, holds 78.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 10 years of filings (2011–2023), Aaron Copland Fund For Music Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.2%.

YearRevenue ChangeExpense ChangeAsset Change
2023-33.3%+23.3%-3.0%
2022+23.8%+4.0%+5.5%
2021-2.2%-15.1%+2.6%
2020-5.0%+1.0%+0.7%
2019+12.0%-6.2%-1.6%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1991

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Aaron Copland Fund For Music Inc demonstrates consistent financial stability with assets consistently around $18 million over the past decade, peaking at $19,355,387 in 2011 and currently at $18,530,060 as of 2023. While revenue and expenses fluctuate, the organization generally operates with a balanced budget, occasionally experiencing deficits like the $638,355 deficit in 2023 (Expenses $2,837,983 vs. Revenue $2,199,628) or surpluses like the $997,303 surplus in 2022 (Revenue $3,298,778 vs. Expenses $2,301,475). This indicates a responsive financial management approach, adapting to varying income streams. The organization exhibits strong financial health with minimal liabilities, consistently reported as $1 or $0 across all available filings, suggesting a very low debt burden. A notable aspect of its financial management is the consistent reporting of 0% officer compensation across all periods, which speaks to a potential volunteer-led executive structure or a highly efficient operational model where executive salaries are not a significant expense. This practice, if sustained, contributes positively to spending efficiency by directing more funds towards programmatic activities. The lack of detailed expense breakdowns in the provided data prevents a precise assessment of program spending efficiency, but the absence of executive compensation is a strong indicator of fiscal prudence. In terms of transparency, the consistent filing of IRS Form 990s over a decade provides a good historical record. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a full assessment of spending efficiency is challenging. The minimal liabilities and zero officer compensation are positive indicators, but more granular data would enhance the understanding of how funds are allocated to achieve its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Aaron Copland Fund For Music Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Aaron Copland Fund For Music Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$2.2MTotal Revenue
$2.8MTotal Expenses
$18.5MTotal Assets
$1Total Liabilities
$18.5MNet Assets
  • The organization reported a deficit of $638K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of this asset size ($18M+). This suggests either a volunteer-led executive team or that executive functions are absorbed into other operational costs without direct officer compensation.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Aaron Copland Fund For Music Inc's IRS 990 filings:

  • Lack of detailed expense breakdown (program, admin, fundraising) in provided data, hindering full efficiency assessment.

Strengths

The following positive indicators were identified for Aaron Copland Fund For Music Inc:

  • Consistent financial stability with assets around $18 million.
  • Extremely low liabilities, consistently reported as $0 or $1.
  • 0% officer compensation reported across all filings, indicating high fiscal prudence or volunteer leadership.
  • Long history of IRS 990 filings, demonstrating transparency in reporting.

Frequently Asked Questions about Aaron Copland Fund For Music Inc

Is Aaron Copland Fund For Music Inc a legitimate charity?

Aaron Copland Fund For Music Inc (EIN: 133620909) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.6M. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Aaron Copland Fund For Music Inc spend its money?

Aaron Copland Fund For Music Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Aaron Copland Fund For Music Inc tax-deductible?

Aaron Copland Fund For Music Inc is registered as a tax-exempt nonprofit (EIN: 133620909). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Aaron Copland Fund For Music Inc CEO make?

Aaron Copland Fund For Music Inc's highest-compensated officer earns $18M annually. The organization reported $5.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Aaron Copland Fund For Music Inc's spending goes to programs?

Aaron Copland Fund For Music Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Aaron Copland Fund For Music Inc located?

Aaron Copland Fund For Music Inc is headquartered in New York, New York and files with the IRS under EIN 133620909.

How many years of IRS 990 filings does Aaron Copland Fund For Music Inc have?

Aaron Copland Fund For Music Inc has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $5.6M in total revenue.

How does the organization manage to operate with 0% officer compensation?

The consistent reporting of 0% officer compensation suggests that executive leadership may be entirely volunteer-based or that compensation is structured in a way that it is not reported as 'officer compensation' on the 990, potentially through a related entity or as part of general staff salaries if officers are also employees.

What is the primary source of the organization's revenue fluctuations?

The provided data does not specify the revenue sources, but fluctuations from $2,199,628 (2023) to $3,298,778 (2022) and back down suggest reliance on grants, investments, or contributions that can vary significantly year-to-year, rather than a stable, recurring income stream.

What are the specific program activities funded by the organization?

The provided IRS 990 data does not detail the specific program activities. To understand this, one would need to review the organization's mission statement, website, or the full 990 form's Schedule O or Part III.

Filing History

IRS 990 filing history for Aaron Copland Fund For Music Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Aaron Copland Fund For Music Inc's revenue has declined by 23.3%, moving from $2.9M to $2.2M. Total assets decreased by 4.3% over the same period, from $19.4M to $18.5M. Total functional expenses fell by 1.6%, from $2.9M to $2.8M. In its most recent filing year (2023), Aaron Copland Fund For Music Inc reported a deficit of $638K, with expenses exceeding revenue. The organization holds $1 in liabilities against $18.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $18.5M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $2.2M $2.8M $18.5M $1 View 990
2022 $3.3M $2.3M $19.1M $1 View 990
2021 $2.7M $2.2M $18.1M $1 View 990
2020 $2.7M $2.6M $17.7M $1 View 990
2019 $2.9M $2.6M $17.5M $1 View 990
2015 $2.6M $2.8M $17.8M $0 View 990
2014 $2.5M $2.8M $18.0M $0 View 990
2013 $3.4M $2.8M $18.3M $0 View 990
2012 $2.5M $2.5M $17.8M $0 View 990
2011 $2.9M $2.9M $19.4M $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $2.2M, expenses of $2.8M, and assets of $18.5M (revenue -33.3% year-over-year).
  • 2022: Revenue of $3.3M, expenses of $2.3M, and assets of $19.1M (revenue +23.8% year-over-year).
  • 2021: Revenue of $2.7M, expenses of $2.2M, and assets of $18.1M (revenue -2.2% year-over-year).
  • 2020: Revenue of $2.7M, expenses of $2.6M, and assets of $17.7M (revenue -5.0% year-over-year).
  • 2019: Revenue of $2.9M, expenses of $2.6M, and assets of $17.5M (revenue +12.0% year-over-year).
  • 2015: Revenue of $2.6M, expenses of $2.8M, and assets of $17.8M (revenue +3.9% year-over-year).
  • 2014: Revenue of $2.5M, expenses of $2.8M, and assets of $18.0M (revenue -27.8% year-over-year).
  • 2013: Revenue of $3.4M, expenses of $2.8M, and assets of $18.3M (revenue +38.2% year-over-year).
  • 2012: Revenue of $2.5M, expenses of $2.5M, and assets of $17.8M (revenue -13.9% year-over-year).
  • 2011: Revenue of $2.9M, expenses of $2.9M, and assets of $19.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Aaron Copland Fund For Music Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Aaron Copland Fund For Music Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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