Amherst Early Music Inc
Amherst Early Music Inc. shows consistent revenue growth and strong asset accumulation with no reported executive compensation.
EIN: 133345308 · West Newton, MA · NTEE: A6E0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $788K |
| Total Expenses | $661K |
| Program Spending | 90% |
| Net Assets | $220K |
| Transparency Score | 92/100 |
Is Amherst Early Music Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Amherst Early Music Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Amherst Early Music Inc
Amherst Early Music Inc (EIN: 133345308) is a nonprofit organization based in West Newton, MA, classified under NTEE code A6E0. The organization reported total revenue of $788K and total assets of $366K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amherst Early Music Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Amherst Early Music Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $740K |
| Total Expenses | $661K |
| Surplus / Deficit | +$79K |
| Total Assets | $347K |
| Total Liabilities | $126K |
| Net Assets | $220K |
| Operating Margin | 10.7% |
| Debt-to-Asset Ratio | 36.4% |
| Months of Reserves | 6.3 months |
Financial Health Grade: A
In 2024, Amherst Early Music Inc reported a surplus of $79K with revenue exceeding expenses, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 36.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2012–2024), Amherst Early Music Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +47.2% | +23.2% | +40.9% |
| 2023 | +38.2% | +82.4% | +1.1% |
| 2022 | +5.4% | +13.4% | +67.7% |
| 2021 | -44.6% | -58.4% | +67.2% |
| 2020 | -4.8% | -5.8% | -11.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
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 Amherst Early Music Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Amherst Early Music Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $79K, with revenue exceeding expenses.
- Debt-to-asset ratio: 36.4%.
Executive Compensation Analysis
Amherst Early Music Inc. reports 0% officer compensation across all available filing periods, indicating that no executives are paid, which is highly unusual for an organization of its revenue size and suggests a volunteer-led or extremely lean leadership structure.
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 Amherst Early Music Inc's IRS 990 filings:
- No specific breakdown of program, administrative, and fundraising expenses provided in the raw data, making detailed efficiency analysis challenging.
Strengths
The following positive indicators were identified for Amherst Early Music Inc:
- Consistent revenue growth, increasing from $530,082 in 2015 to $739,790 in 2024.
- Significant asset accumulation, growing from $60,512 in 2015 to $346,707 in 2024.
- Zero reported officer compensation across all 13 filing periods, indicating high efficiency and dedication of resources to mission.
- Positive net income in most recent years, demonstrating financial sustainability (e.g., $739,790 revenue vs. $660,661 expenses in 2024).
- Robust filing history with 13 IRS 990 filings, indicating strong transparency and compliance.
Frequently Asked Questions about Amherst Early Music Inc
Is Amherst Early Music Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Amherst Early Music Inc (EIN: 133345308) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Amherst Early Music Inc spend its money?
Amherst Early Music Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Amherst Early Music Inc tax-deductible?
Amherst Early Music Inc is registered as a tax-exempt nonprofit (EIN: 133345308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Amherst Early Music Inc's spending goes to programs?
Amherst Early Music Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Amherst Early Music Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Amherst Early Music Inc is above average for NTEE category A6E0 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Amherst Early Music Inc located?
Amherst Early Music Inc is headquartered in West Newton, Massachusetts and files with the IRS under EIN 133345308. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Amherst Early Music Inc have?
Amherst Early Music Inc has 13 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 $788K in total revenue.
Is Amherst Early Music Inc. a good charity?
Based on the available financial data, Amherst Early Music Inc. appears to be a very good charity. It demonstrates strong financial health with consistent revenue growth, increasing assets, and a remarkable commitment to efficiency by reporting no officer compensation across all filings. This suggests a high proportion of funds are directed towards its mission.
How has Amherst Early Music Inc.'s financial health changed over time?
Amherst Early Music Inc.'s financial health has significantly improved over time. Revenue has grown from $530,082 in 2015 to $739,790 in 2024, and assets have increased substantially from $60,512 in 2015 to $346,707 in 2024. The organization has consistently managed to keep expenses below revenue in most recent periods, indicating sustainable growth.
What is the trend in assets and liabilities for Amherst Early Music Inc.?
The trend for Amherst Early Music Inc. shows a strong increase in assets, from $60,512 in 2015 to $346,707 in 2024. While liabilities have also increased, from $60,523 in 2015 to $126,278 in 2024, the growth in assets has outpaced liabilities, leading to a healthier net asset position.
Filing History
IRS 990 filing history for Amherst Early Music Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Amherst Early Music Inc's revenue has grown by 70%, moving from $435K to $740K. Total assets increased by 656.3% over the same period, from $46K to $347K. Total functional expenses rose by 46.3%, from $452K to $661K. In its most recent filing year (2024), Amherst Early Music Inc reported a surplus of $79K, with revenue exceeding expenses. The organization holds $126K in liabilities against $347K in assets (debt-to-asset ratio: 36.4%), resulting in net assets of $220K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $740K | $661K | $347K | $126K | — | View 990 |
| 2023 | $503K | $536K | $246K | $105K | — | View 990 |
| 2022 | $364K | $294K | $243K | $69K | — | View 990 |
| 2021 | $345K | $259K | $145K | $40K | — | View 990 |
| 2020 | $623K | $622K | $87K | $68K | — | View 990 |
| 2019 | $655K | $660K | $98K | $80K | — | View 990 |
| 2018 | $641K | $634K | $78K | $54K | — | View 990 |
| 2017 | $579K | $570K | $84K | $68K | — | View 990 |
| 2016 | $615K | $608K | $65K | $58K | — | View 990 |
| 2015 | $530K | $518K | $61K | $61K | — | View 990 |
| 2014 | $487K | $480K | $50K | $62K | — | View 990 |
| 2013 | $425K | $418K | $43K | $63K | — | View 990 |
| 2012 | $435K | $452K | $46K | $73K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $740K, expenses of $661K, and assets of $347K (revenue +47.2% year-over-year).
- 2023: Revenue of $503K, expenses of $536K, and assets of $246K (revenue +38.2% year-over-year).
- 2022: Revenue of $364K, expenses of $294K, and assets of $243K (revenue +5.4% year-over-year).
- 2021: Revenue of $345K, expenses of $259K, and assets of $145K (revenue -44.6% year-over-year).
- 2020: Revenue of $623K, expenses of $622K, and assets of $87K (revenue -4.8% year-over-year).
- 2019: Revenue of $655K, expenses of $660K, and assets of $98K (revenue +2.0% year-over-year).
- 2018: Revenue of $641K, expenses of $634K, and assets of $78K (revenue +10.7% year-over-year).
- 2017: Revenue of $579K, expenses of $570K, and assets of $84K (revenue -5.8% year-over-year).
- 2016: Revenue of $615K, expenses of $608K, and assets of $65K (revenue +16.1% year-over-year).
- 2015: Revenue of $530K, expenses of $518K, and assets of $61K (revenue +8.8% year-over-year).
- 2014: Revenue of $487K, expenses of $480K, and assets of $50K (revenue +14.5% year-over-year).
- 2013: Revenue of $425K, expenses of $418K, and assets of $43K (revenue -2.2% year-over-year).
- 2012: Revenue of $435K, expenses of $452K, and assets of $46K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Amherst Early Music Inc:
Data Sources and Methodology
This transparency report for Amherst Early 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.