Behre Piano Associates Inc Adamant Music School
Adamant Music School faces significant revenue volatility and consistent operating deficits despite substantial assets.
EIN: 136138603 · Adamant, VT · NTEE: A6E0 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $251K |
| Total Expenses | $399K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1.8 |
| Net Assets | $1.8M |
| Transparency Score | 70/100 |
Is Behre Piano Associates Inc Adamant Music School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Behre Piano Associates Inc Adamant Music School directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Behre Piano Associates Inc Adamant Music School
Behre Piano Associates Inc Adamant Music School (EIN: 136138603) is a nonprofit organization based in Adamant, VT, classified under NTEE code A6E0. The organization reported total revenue of $251K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Behre Piano Associates Inc Adamant Music School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Behre Piano Associates Inc Adamant Music School is a small nonprofit that has been operating for 67 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $97K |
| Total Expenses | $399K |
| Surplus / Deficit | $-302,554 |
| Total Assets | $1.8M |
| Total Liabilities | $25K |
| Net Assets | $1.8M |
| Operating Margin | -313.5% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 54.8 months |
Financial Health Grade: B
In 2023, Behre Piano Associates Inc Adamant Music School reported a deficit of $303K with expenses exceeding revenue, holds 54.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Behre Piano Associates Inc Adamant Music School's revenue has declined at a compound annual growth rate (CAGR) of -8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -69.1% | -32.4% | -11.2% |
| 2022 | +107.1% | +89.0% | -19.4% |
| 2021 | -35.7% | +28.8% | -0.2% |
| 2020 | -88.6% | -41.8% | -3.7% |
| 2019 | +196.1% | +10.1% | +152.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1959 |
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 Behre Piano Associates Inc Adamant Music School with a Mission Score of 70 out of 100 (Good). 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, Behre Piano Associates Inc Adamant Music School 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 deficit of $303K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly commendable for an organization of its size with assets exceeding $1.8 million.
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 Behre Piano Associates Inc Adamant Music School's IRS 990 filings:
- Significant and recurring operating deficits (e.g., $399,063 expenses vs $96,509 revenue in 2023).
- Extreme revenue volatility, making financial planning challenging (e.g., $2,066,151 in 2019 vs $96,509 in 2023).
- Declining asset base in recent years ($2,547,921 in 2021 to $1,823,749 in 2023), potentially due to covering deficits.
Strengths
The following positive indicators were identified for Behre Piano Associates Inc Adamant Music School:
- Zero reported officer compensation, indicating strong commitment to minimizing administrative overhead.
- Substantial asset base ($1,823,749 in 2023) provides a financial buffer.
- Long filing history (13 filings) suggests consistent compliance and operational longevity.
Frequently Asked Questions about Behre Piano Associates Inc Adamant Music School
Is Behre Piano Associates Inc Adamant Music School a legitimate charity?
Based on AI analysis of IRS 990 filings, Behre Piano Associates Inc Adamant Music School (EIN: 136138603) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Behre Piano Associates Inc Adamant Music School spend its money?
Behre Piano Associates Inc Adamant Music School directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Behre Piano Associates Inc Adamant Music School tax-deductible?
Behre Piano Associates Inc Adamant Music School is registered as a tax-exempt nonprofit (EIN: 136138603). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Behre Piano Associates Inc Adamant Music School CEO make?
Behre Piano Associates Inc Adamant Music School's highest-compensated officer earns $1.8 annually. The organization reported $251K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Behre Piano Associates Inc Adamant Music School's spending goes to programs?
Behre Piano Associates Inc Adamant Music School directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Behre Piano Associates Inc Adamant Music School compare to similar nonprofits?
With a transparency score of 70/100 (Good), Behre Piano Associates Inc Adamant Music School 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 Behre Piano Associates Inc Adamant Music School located?
Behre Piano Associates Inc Adamant Music School is headquartered in Adamant, Vermont and files with the IRS under EIN 136138603. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Behre Piano Associates Inc Adamant Music School have?
Behre Piano Associates Inc Adamant Music School 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 $251K in total revenue.
How does Behre Piano Associates Inc Adamant Music School sustain operations with recurring expense-to-revenue deficits?
The organization likely relies on its substantial asset base, which was $1,823,749 in 2023, or draws from prior years' surpluses, especially given the significant revenue spike in 2019 ($2,066,151) that could have built reserves.
What caused the dramatic revenue fluctuation, particularly the $2,066,151 in 2019 compared to $96,509 in 2023?
The provided data does not specify the cause, but such a large variance could be due to a major one-time donation, a capital campaign, or a significant grant in 2019 that was not repeated in subsequent years.
What is the long-term strategy for financial stability given the consistent trend of expenses exceeding revenue in recent years?
The filings show expenses exceeding revenue in 2023 ($399,063 vs $96,509), 2022 ($590,226 vs $312,449), and 2021 ($312,371 vs $150,858). A clear strategy for increasing sustainable revenue or reducing expenses would be crucial for long-term financial health.
Filing History
IRS 990 filing history for Behre Piano Associates Inc Adamant Music School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Behre Piano Associates Inc Adamant Music School's revenue has declined by 66.7%, moving from $290K to $97K. Total assets increased by 155.9% over the same period, from $713K to $1.8M. Total functional expenses fell by 1.2%, from $404K to $399K. In its most recent filing year (2023), Behre Piano Associates Inc Adamant Music School reported a deficit of $303K, with expenses exceeding revenue. The organization holds $25K in liabilities against $1.8M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $97K | $399K | $1.8M | $25K | — | — |
| 2022 | $312K | $590K | $2.1M | $22K | — | View 990 |
| 2021 | $151K | $312K | $2.5M | $96K | — | View 990 |
| 2020 | $235K | $243K | $2.6M | $10K | — | View 990 |
| 2019 | $2.1M | $417K | $2.6M | $5K | — | View 990 |
| 2018 | $698K | $379K | $1.0M | $53K | — | View 990 |
| 2017 | $278K | $353K | $984K | $306K | — | — |
| 2016 | $272K | $341K | $1.0M | $253K | — | View 990 |
| 2015 | $281K | $367K | $1.1M | $240K | — | View 990 |
| 2014 | $447K | $344K | $1.1M | $164K | — | View 990 |
| 2013 | $501K | $355K | $863K | $60K | — | View 990 |
| 2012 | $296K | $329K | $685K | $27K | — | View 990 |
| 2011 | $290K | $404K | $713K | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $97K, expenses of $399K, and assets of $1.8M (revenue -69.1% year-over-year).
- 2022: Revenue of $312K, expenses of $590K, and assets of $2.1M (revenue +107.1% year-over-year).
- 2021: Revenue of $151K, expenses of $312K, and assets of $2.5M (revenue -35.7% year-over-year).
- 2020: Revenue of $235K, expenses of $243K, and assets of $2.6M (revenue -88.6% year-over-year).
- 2019: Revenue of $2.1M, expenses of $417K, and assets of $2.6M (revenue +196.1% year-over-year).
- 2018: Revenue of $698K, expenses of $379K, and assets of $1.0M (revenue +150.6% year-over-year).
- 2017: Revenue of $278K, expenses of $353K, and assets of $984K (revenue +2.4% year-over-year).
- 2016: Revenue of $272K, expenses of $341K, and assets of $1.0M (revenue -3.2% year-over-year).
- 2015: Revenue of $281K, expenses of $367K, and assets of $1.1M (revenue -37.2% year-over-year).
- 2014: Revenue of $447K, expenses of $344K, and assets of $1.1M (revenue -10.8% year-over-year).
- 2013: Revenue of $501K, expenses of $355K, and assets of $863K (revenue +69.2% year-over-year).
- 2012: Revenue of $296K, expenses of $329K, and assets of $685K (revenue +2.2% year-over-year).
- 2011: Revenue of $290K, expenses of $404K, and assets of $713K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Behre Piano Associates Inc Adamant Music School:
Data Sources and Methodology
This transparency report for Behre Piano Associates Inc Adamant Music School 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.