Bonnaroo Works Fund
EIN: 471136766 · Nashville, TN · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $529K |
| Total Expenses | $771K |
| Net Assets | $130K |
Is Bonnaroo Works Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bonnaroo Works Fund
Bonnaroo Works Fund (EIN: 471136766) is a nonprofit organization based in Nashville, TN, classified under NTEE code A25. The organization reported total revenue of $529K and total assets of $138K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bonnaroo Works Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bonnaroo Works Fund is a small nonprofit that has been operating for 12 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $521K |
| Total Expenses | $771K |
| Surplus / Deficit | $-250,405 |
| Total Assets | $130K |
| Total Liabilities | $1 |
| Net Assets | $130K |
| Operating Margin | -48.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.0 months |
Financial Health Grade: C
In 2023, Bonnaroo Works Fund reported a deficit of $250K with expenses exceeding revenue, holds 2.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Bonnaroo Works Fund's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -39.6% | +51.7% | -65.9% |
| 2022 | +931.2% | +533.8% | +1292.9% |
| 2021 | +75.4% | -53.4% | +13.9% |
| 2020 | -89.1% | -64.7% | -83.8% |
| 2019 | +38.3% | +116.8% | +61.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bonnaroo Works Fund 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 Bonnaroo Works Fund 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 deficit of $250K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Bonnaroo Works Fund
Is Bonnaroo Works Fund a legitimate charity?
Bonnaroo Works Fund (EIN: 471136766) is a registered tax-exempt nonprofit based in Tennessee. It has 6 years of IRS 990 filings on record. Total revenue: $529K. No red flags identified. Financial health grade: C.
How does Bonnaroo Works Fund spend its money?
Bonnaroo Works Fund reported $529K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bonnaroo Works Fund tax-deductible?
Bonnaroo Works Fund is registered as a tax-exempt nonprofit (EIN: 471136766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bonnaroo Works Fund located?
Bonnaroo Works Fund is headquartered in Nashville, Tennessee and files with the IRS under EIN 471136766. It is classified under NTEE code A25.
How many years of IRS 990 filings does Bonnaroo Works Fund have?
Bonnaroo Works Fund has 6 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 $529K in total revenue.
Filing History
IRS 990 filing history for Bonnaroo Works Fund showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Bonnaroo Works Fund's revenue has grown by 64.3%, moving from $317K to $521K. Total assets increased by 40.9% over the same period, from $92K to $130K. Total functional expenses rose by 243.2%, from $225K to $771K. In its most recent filing year (2023), Bonnaroo Works Fund reported a deficit of $250K, with expenses exceeding revenue. The organization holds $1 in liabilities against $130K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $130K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $521K | $771K | $130K | $1 | — | — |
| 2022 | $861K | $508K | $381K | $299 | — | View 990 |
| 2021 | $84K | $80K | $27K | $1 | — | View 990 |
| 2020 | $48K | $172K | $24K | $1 | — | View 990 |
| 2019 | $438K | $487K | $148K | $1 | — | View 990 |
| 2015 | $317K | $225K | $92K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $521K, expenses of $771K, and assets of $130K (revenue -39.6% year-over-year).
- 2022: Revenue of $861K, expenses of $508K, and assets of $381K (revenue +931.2% year-over-year).
- 2021: Revenue of $84K, expenses of $80K, and assets of $27K (revenue +75.4% year-over-year).
- 2020: Revenue of $48K, expenses of $172K, and assets of $24K (revenue -89.1% year-over-year).
- 2019: Revenue of $438K, expenses of $487K, and assets of $148K (revenue +38.3% year-over-year).
- 2015: Revenue of $317K, expenses of $225K, and assets of $92K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bonnaroo Works Fund:
Data Sources and Methodology
This transparency report for Bonnaroo Works Fund 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.