Boulder Symphony Inc
EIN: 841227516 · Boulder, CO · NTEE: A60Z
| Metric | Value |
|---|---|
| Total Revenue | $470K |
| Total Expenses | $232K |
| Net Assets | $-13,830 |
Is Boulder Symphony Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Boulder Symphony Inc
Boulder Symphony Inc (EIN: 841227516) is a nonprofit organization based in Boulder, CO, classified under NTEE code A60Z. The organization reported total revenue of $470K and total assets of $164K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boulder Symphony Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boulder Symphony Inc is a small nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2013–2022). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $194K |
| Total Expenses | $232K |
| Surplus / Deficit | $-37,686 |
| Total Assets | $190K |
| Total Liabilities | $204K |
| Net Assets | $-13,830 |
| Operating Margin | -19.4% |
| Debt-to-Asset Ratio | 107.3% |
| Months of Reserves | 9.9 months |
Financial Health Grade: C
In 2022, Boulder Symphony Inc reported a deficit of $38K with expenses exceeding revenue, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 107.3% (high leverage).
Financial Trends
Over 10 years of filings (2013–2022), Boulder Symphony Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +65.2% | +75.8% | -14.9% |
| 2021 | -15.3% | -0.6% | +485.3% |
| 2020 | +1.5% | -8.5% | +18.7% |
| 2019 | +5.6% | +6.5% | -4.8% |
| 2018 | -3.3% | +22.7% | -30.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Boulder Symphony Inc 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 Boulder Symphony Inc 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $38K, with expenses exceeding revenue.
- Debt-to-asset ratio: 107.3%.
Frequently Asked Questions about Boulder Symphony Inc
Is Boulder Symphony Inc a legitimate charity?
Boulder Symphony Inc (EIN: 841227516) is a registered tax-exempt nonprofit based in Colorado. It has 10 years of IRS 990 filings on record. Total revenue: $470K. No red flags identified. Financial health grade: C.
How does Boulder Symphony Inc spend its money?
Boulder Symphony Inc reported $470K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Boulder Symphony Inc tax-deductible?
Boulder Symphony Inc is registered as a tax-exempt nonprofit (EIN: 841227516). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boulder Symphony Inc located?
Boulder Symphony Inc is headquartered in Boulder, Colorado and files with the IRS under EIN 841227516. It is classified under NTEE code A60Z.
How many years of IRS 990 filings does Boulder Symphony Inc have?
Boulder Symphony Inc has 10 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 $470K in total revenue.
Filing History
IRS 990 filing history for Boulder Symphony Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2013–2022), Boulder Symphony Inc's revenue has grown by 234.6%, moving from $58K to $194K. Total assets increased by 1251.1% over the same period, from $14K to $190K. Total functional expenses rose by 375.5%, from $49K to $232K. In its most recent filing year (2022), Boulder Symphony Inc reported a deficit of $38K, with expenses exceeding revenue. The organization holds $204K in liabilities against $190K in assets (debt-to-asset ratio: 107.3%), resulting in net assets of $-13,830.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $194K | $232K | $190K | $204K | — | View 990 |
| 2021 | $117K | $132K | $224K | $200K | — | View 990 |
| 2020 | $139K | $133K | $38K | $0 | — | — |
| 2019 | $137K | $145K | $32K | $0 | — | View 990 |
| 2018 | $129K | $136K | $34K | $0 | — | — |
| 2017 | $134K | $111K | $49K | $0 | — | View 990 |
| 2016 | $96K | $92K | $25K | $0 | — | View 990 |
| 2015 | $88K | $87K | $21K | $0 | — | View 990 |
| 2014 | $89K | $85K | $19K | $0 | — | View 990 |
| 2013 | $58K | $49K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $194K, expenses of $232K, and assets of $190K (revenue +65.2% year-over-year).
- 2021: Revenue of $117K, expenses of $132K, and assets of $224K (revenue -15.3% year-over-year).
- 2020: Revenue of $139K, expenses of $133K, and assets of $38K (revenue +1.5% year-over-year).
- 2019: Revenue of $137K, expenses of $145K, and assets of $32K (revenue +5.6% year-over-year).
- 2018: Revenue of $129K, expenses of $136K, and assets of $34K (revenue -3.3% year-over-year).
- 2017: Revenue of $134K, expenses of $111K, and assets of $49K (revenue +38.6% year-over-year).
- 2016: Revenue of $96K, expenses of $92K, and assets of $25K (revenue +9.2% year-over-year).
- 2015: Revenue of $88K, expenses of $87K, and assets of $21K (revenue -0.7% year-over-year).
- 2014: Revenue of $89K, expenses of $85K, and assets of $19K (revenue +53.5% year-over-year).
- 2013: Revenue of $58K, expenses of $49K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boulder Symphony Inc:
Data Sources and Methodology
This transparency report for Boulder Symphony 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.