Anchorage Chamber Music Festival
EIN: 870805405 · Anchorage, AK · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $135K |
| Total Expenses | $110K |
| Net Assets | $102K |
Is Anchorage Chamber Music Festival Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Anchorage Chamber Music Festival
Anchorage Chamber Music Festival (EIN: 870805405) is a nonprofit organization based in Anchorage, AK, classified under NTEE code A60. The organization reported total revenue of $135K and total assets of $120K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Anchorage Chamber Music Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Anchorage Chamber Music Festival is a small nonprofit that has been operating for 16 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 59.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $147K |
| Total Expenses | $110K |
| Surplus / Deficit | +$37K |
| Total Assets | $102K |
| Total Liabilities | $99 |
| Net Assets | $102K |
| Operating Margin | 25.1% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 11.2 months |
Financial Health Grade: A
In 2023, Anchorage Chamber Music Festival reported a surplus of $37K with revenue exceeding expenses, holds 11.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Anchorage Chamber Music Festival's revenue has grown at a compound annual growth rate (CAGR) of 59.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +59.4% | +51.1% | +56.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Anchorage Chamber Music Festival 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 Anchorage Chamber Music Festival 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $37K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Anchorage Chamber Music Festival
Is Anchorage Chamber Music Festival a legitimate charity?
Anchorage Chamber Music Festival (EIN: 870805405) is a registered tax-exempt nonprofit based in Alaska. It has 2 years of IRS 990 filings on record. Total revenue: $135K. No red flags identified. Financial health grade: A.
How does Anchorage Chamber Music Festival spend its money?
Anchorage Chamber Music Festival reported $135K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Anchorage Chamber Music Festival tax-deductible?
Anchorage Chamber Music Festival is registered as a tax-exempt nonprofit (EIN: 870805405). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Anchorage Chamber Music Festival located?
Anchorage Chamber Music Festival is headquartered in Anchorage, Alaska and files with the IRS under EIN 870805405. It is classified under NTEE code A60.
How many years of IRS 990 filings does Anchorage Chamber Music Festival have?
Anchorage Chamber Music Festival has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $135K in total revenue.
Filing History
IRS 990 filing history for Anchorage Chamber Music Festival showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Anchorage Chamber Music Festival's revenue has grown by 59.4%, moving from $92K to $147K. Total assets increased by 56.4% over the same period, from $65K to $102K. Total functional expenses rose by 51.1%, from $73K to $110K. In its most recent filing year (2023), Anchorage Chamber Music Festival reported a surplus of $37K, with revenue exceeding expenses. The organization holds $99 in liabilities against $102K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $102K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $147K | $110K | $102K | $99 | — | — |
| 2022 | $92K | $73K | $65K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Anchorage Chamber Music Festival:
Data Sources and Methodology
This transparency report for Anchorage Chamber Music Festival 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.