Accessible Contemporary Music
Accessible Contemporary Music shows consistent revenue and asset growth with no reported officer compensation.
EIN: 201458881 · Chicago, IL · NTEE: A6C · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.0M |
| Total Expenses | $879K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $900,000 |
| Net Assets | $280K |
| Transparency Score | 85/100 |
Is Accessible Contemporary Music Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Accessible Contemporary Music directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Accessible Contemporary Music
Accessible Contemporary Music (EIN: 201458881) is a nonprofit organization based in Chicago, IL, classified under NTEE code A6C. The organization reported total revenue of $1.0M and total assets of $697K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Accessible Contemporary Music's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Accessible Contemporary Music is a mid-size nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $922K |
| Total Expenses | $879K |
| Surplus / Deficit | +$43K |
| Total Assets | $567K |
| Total Liabilities | $286K |
| Net Assets | $280K |
| Operating Margin | 4.6% |
| Debt-to-Asset Ratio | 50.5% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, Accessible Contemporary Music reported a surplus of $43K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position), has a debt-to-asset ratio of 50.5% (high leverage).
Financial Trends
Over 12 years of filings (2011–2023), Accessible Contemporary Music's revenue has grown at a compound annual growth rate (CAGR) of 15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.8% | +3.7% | +58.8% |
| 2022 | -8.0% | +2.3% | +14.2% |
| 2021 | +19.8% | +37.4% | -12.9% |
| 2020 | +4.2% | -7.1% | +254.5% |
| 2019 | +23.6% | +12.1% | +174.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Accessible Contemporary Music 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Accessible Contemporary Music allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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:
- The organization reported a surplus of $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 50.5%.
Executive Compensation Analysis
Accessible Contemporary Music consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $900,000 in annual revenue. This suggests either a fully volunteer-led executive team or that executive compensation is categorized differently within the 990, requiring further scrutiny to understand the true cost of leadership.
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 Accessible Contemporary Music's IRS 990 filings:
- Consistent 0% officer compensation for an organization of this size warrants further investigation into leadership compensation structure.
- Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis challenging.
Strengths
The following positive indicators were identified for Accessible Contemporary Music:
- Consistent revenue growth over the past decade, from $321,363 in 2013 to $921,502 in 2023.
- Significant asset growth, from $12,050 in 2013 to $566,720 in 2023, indicating strong financial management.
- Generally positive net income, with revenue exceeding expenses in most recent years (e.g., $921,502 revenue vs. $878,793 expenses in 2023).
- Long and consistent IRS 990 filing history (12 filings), demonstrating transparency and accountability.
Frequently Asked Questions about Accessible Contemporary Music
Is Accessible Contemporary Music a legitimate charity?
Accessible Contemporary Music (EIN: 201458881) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 85/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.0M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Accessible Contemporary Music spend its money?
Accessible Contemporary Music directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Accessible Contemporary Music tax-deductible?
Accessible Contemporary Music is registered as a tax-exempt nonprofit (EIN: 201458881). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Accessible Contemporary Music CEO make?
Accessible Contemporary Music's highest-compensated officer earns $900,000 annually. The organization reported $1.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Accessible Contemporary Music's spending goes to programs?
Accessible Contemporary Music directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Accessible Contemporary Music compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Accessible Contemporary Music is above average for NTEE category A6C nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Accessible Contemporary Music located?
Accessible Contemporary Music is headquartered in Chicago, Illinois and files with the IRS under EIN 201458881. It is classified under NTEE code A6C.
How many years of IRS 990 filings does Accessible Contemporary Music have?
Accessible Contemporary Music has 12 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 $1.0M in total revenue.
How does Accessible Contemporary Music manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all 12 filings is highly unusual for an organization with over $900,000 in annual revenue. This could indicate a fully volunteer-led executive team, or that compensation for key leadership is reported under different expense categories (e.g., program staff, independent contractors) rather than as officer compensation on the 990, which would require reviewing the full 990 form for clarification.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a granular breakdown of expenses into program, administrative, and fundraising categories. While a general spending breakdown was estimated, a full 990 form would be necessary to determine the exact percentages and assess spending efficiency more accurately.
What is the organization's reserve policy given its growing assets?
Accessible Contemporary Music's assets have grown significantly from $12,050 in 2013 to $566,720 in 2023. While this growth is positive, the data does not specify if the organization has a formal reserve policy or how these accumulated assets are intended to be used to support future operations or mission-related activities.
Filing History
IRS 990 filing history for Accessible Contemporary Music showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Accessible Contemporary Music's revenue has grown by 449.7%, moving from $168K to $922K. Total assets increased by 5434.9% over the same period, from $10K to $567K. Total functional expenses rose by 446.3%, from $161K to $879K. In its most recent filing year (2023), Accessible Contemporary Music reported a surplus of $43K, with revenue exceeding expenses. The organization holds $286K in liabilities against $567K in assets (debt-to-asset ratio: 50.5%), resulting in net assets of $280K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $922K | $879K | $567K | $286K | — | — |
| 2022 | $824K | $847K | $357K | $71K | — | View 990 |
| 2021 | $896K | $828K | $313K | $4K | — | View 990 |
| 2020 | $748K | $603K | $359K | $117K | — | View 990 |
| 2019 | $717K | $649K | $101K | $4K | — | View 990 |
| 2018 | $580K | $579K | $37K | $8K | — | View 990 |
| 2017 | $529K | $519K | $48K | $11K | — | View 990 |
| 2016 | $457K | $442K | $37K | $11K | — | View 990 |
| 2015 | $409K | $408K | $16K | $16K | — | View 990 |
| 2013 | $321K | $225K | $12K | $2K | — | View 990 |
| 2012 | $202K | $94K | $6K | $6K | — | View 990 |
| 2011 | $168K | $161K | $10K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $922K, expenses of $879K, and assets of $567K (revenue +11.8% year-over-year).
- 2022: Revenue of $824K, expenses of $847K, and assets of $357K (revenue -8.0% year-over-year).
- 2021: Revenue of $896K, expenses of $828K, and assets of $313K (revenue +19.8% year-over-year).
- 2020: Revenue of $748K, expenses of $603K, and assets of $359K (revenue +4.2% year-over-year).
- 2019: Revenue of $717K, expenses of $649K, and assets of $101K (revenue +23.6% year-over-year).
- 2018: Revenue of $580K, expenses of $579K, and assets of $37K (revenue +9.6% year-over-year).
- 2017: Revenue of $529K, expenses of $519K, and assets of $48K (revenue +15.8% year-over-year).
- 2016: Revenue of $457K, expenses of $442K, and assets of $37K (revenue +11.7% year-over-year).
- 2015: Revenue of $409K, expenses of $408K, and assets of $16K (revenue +27.4% year-over-year).
- 2013: Revenue of $321K, expenses of $225K, and assets of $12K (revenue +59.0% year-over-year).
- 2012: Revenue of $202K, expenses of $94K, and assets of $6K (revenue +20.6% year-over-year).
- 2011: Revenue of $168K, expenses of $161K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Accessible Contemporary Music:
Data Sources and Methodology
This transparency report for Accessible Contemporary Music 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.