Albuquerque Philharmonic Orchestra
EIN: 237318196 · Albuquerque, NM
| Metric | Value |
|---|---|
| Total Revenue | $85K |
| Total Expenses | $50K |
| Net Assets | $75K |
Is Albuquerque Philharmonic Orchestra Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Albuquerque Philharmonic Orchestra
Albuquerque Philharmonic Orchestra (EIN: 237318196) is a nonprofit organization based in Albuquerque, NM. The organization reported total revenue of $85K and total assets of $155K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Albuquerque Philharmonic Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Albuquerque Philharmonic Orchestra is a micro nonprofit that has been operating for 51 years, with 5 years of IRS 990 filings on record (2012–2019). Revenue has grown at a compound annual rate of 3.6%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $50K |
| Surplus / Deficit | $-7,360 |
| Total Assets | $75K |
| Net Assets | $75K |
| Operating Margin | -17.3% |
| Months of Reserves | 18.0 months |
Financial Health Grade: B
In 2019, Albuquerque Philharmonic Orchestra reported a deficit of $7K with expenses exceeding revenue, holds 18.0 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2012–2019), Albuquerque Philharmonic Orchestra's revenue has grown at a compound annual growth rate (CAGR) of 3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -16.4% | +67.7% | +6.0% |
| 2018 | -15.3% | -41.3% | +21.1% |
| 2016 | +135.5% | +53.4% | +75.2% |
| 2013 | -23.1% | +4.8% | -18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1975 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Albuquerque Philharmonic Orchestra has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Albuquerque Philharmonic Orchestra with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $7K, with expenses exceeding revenue.
Frequently Asked Questions about Albuquerque Philharmonic Orchestra
Is Albuquerque Philharmonic Orchestra a legitimate charity?
Albuquerque Philharmonic Orchestra (EIN: 237318196) is a registered tax-exempt nonprofit based in New Mexico. It has 5 years of IRS 990 filings on record. Total revenue: $85K. No red flags identified. Financial health grade: B.
How does Albuquerque Philharmonic Orchestra spend its money?
Albuquerque Philharmonic Orchestra reported $85K in total revenue in IRS 990 filings. 5 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Albuquerque Philharmonic Orchestra tax-deductible?
Albuquerque Philharmonic Orchestra is registered as a tax-exempt nonprofit (EIN: 237318196). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Albuquerque Philharmonic Orchestra located?
Albuquerque Philharmonic Orchestra is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 237318196.
How many years of IRS 990 filings does Albuquerque Philharmonic Orchestra have?
Albuquerque Philharmonic Orchestra has 5 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 $85K in total revenue.
Filing History
IRS 990 filing history for Albuquerque Philharmonic Orchestra showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2012–2019), Albuquerque Philharmonic Orchestra's revenue has grown by 28.3%, moving from $33K to $42K. Total assets increased by 82.7% over the same period, from $41K to $75K. Total functional expenses rose by 58.2%, from $32K to $50K. In its most recent filing year (2019), Albuquerque Philharmonic Orchestra reported a deficit of $7K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $42K | $50K | $75K | $0 | — | View 990 |
| 2018 | $51K | $30K | $70K | $0 | — | View 990 |
| 2016 | $60K | $51K | $58K | $0 | — | View 990 |
| 2013 | $25K | $33K | $33K | $0 | — | View 990 |
| 2012 | $33K | $32K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $42K, expenses of $50K, and assets of $75K (revenue -16.4% year-over-year).
- 2018: Revenue of $51K, expenses of $30K, and assets of $70K (revenue -15.3% year-over-year).
- 2016: Revenue of $60K, expenses of $51K, and assets of $58K (revenue +135.5% year-over-year).
- 2013: Revenue of $25K, expenses of $33K, and assets of $33K (revenue -23.1% year-over-year).
- 2012: Revenue of $33K, expenses of $32K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Albuquerque Philharmonic Orchestra:
Data Sources and Methodology
This transparency report for Albuquerque Philharmonic Orchestra 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.