Bozeman Friends Of Music Inc
EIN: 810415670 · Bozeman, MT
| Metric | Value |
|---|---|
| Total Revenue | $84K |
| Total Expenses | $70K |
| Net Assets | $144K |
Is Bozeman Friends Of Music Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Bozeman Friends Of Music Inc
Bozeman Friends Of Music Inc (EIN: 810415670) is a nonprofit organization based in Bozeman, MT. The organization reported total revenue of $84K and total assets of $157K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Bozeman Friends Of Music Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Bozeman Friends Of Music Inc is a micro nonprofit that has been operating for 39 years, with 15 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 2.2%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $71K |
| Total Expenses | $70K |
| Surplus / Deficit | +$468 |
| Total Assets | $144K |
| Net Assets | $144K |
| Operating Margin | 0.7% |
| Months of Reserves | 24.6 months |
Financial Health Grade: A
In 2024, Bozeman Friends Of Music Inc reported a surplus of $468 with revenue exceeding expenses, holds 24.6 months of operating reserves (strong position).
Financial Trends
Over 15 years of filings (2011–2024), Bozeman Friends Of Music Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -24.1% | -13.5% | +29.5% |
| 2023 | +85.9% | +72.0% | +6.0% |
| 2022 | +115.3% | +39.0% | -7.3% |
| 2021 | -52.9% | -29.2% | +5.7% |
| 2020 | -31.6% | -32.1% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Bozeman Friends Of Music 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 Bozeman Friends Of Music 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $468, with revenue exceeding expenses.
Frequently Asked Questions about Bozeman Friends Of Music Inc
Is Bozeman Friends Of Music Inc a legitimate charity?
Bozeman Friends Of Music Inc (EIN: 810415670) is a registered tax-exempt nonprofit based in Montana. It has 15 years of IRS 990 filings on record. Total revenue: $84K. No red flags identified. Financial health grade: A.
How does Bozeman Friends Of Music Inc spend its money?
Bozeman Friends Of Music Inc reported $84K in total revenue in IRS 990 filings. 15 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Bozeman Friends Of Music Inc tax-deductible?
Bozeman Friends Of Music Inc is registered as a tax-exempt nonprofit (EIN: 810415670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Bozeman Friends Of Music Inc located?
Bozeman Friends Of Music Inc is headquartered in Bozeman, Montana and files with the IRS under EIN 810415670.
How many years of IRS 990 filings does Bozeman Friends Of Music Inc have?
Bozeman Friends Of Music Inc has 15 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 $84K in total revenue.
Filing History
IRS 990 filing history for Bozeman Friends Of Music Inc showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2011–2024), Bozeman Friends Of Music Inc's revenue has grown by 32.6%, moving from $53K to $71K. Total assets increased by 37% over the same period, from $105K to $144K. Total functional expenses rose by 28.6%, from $55K to $70K. In its most recent filing year (2024), Bozeman Friends Of Music Inc reported a surplus of $468, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $71K | $70K | $144K | $0 | — | — |
| 2023 | $93K | $81K | $111K | $0 | — | View 990 |
| 2022 | $50K | $47K | $105K | $0 | — | — |
| 2021 | $23K | $34K | $113K | $0 | — | — |
| 2020 | $49K | $48K | $107K | $0 | — | — |
| 2019 | $72K | $71K | $97K | $0 | — | View 990 |
| 2018 | $73K | $71K | $97K | $0 | — | View 990 |
| 2017 | $74K | $70K | $88K | $0 | — | — |
| 2016 | $49K | $47K | $80K | $500 | — | View 990 |
| 2015 | $903 | $45K | $75K | $0 | — | View 990 |
| 2015 | $54K | $57K | $121K | $0 | — | View 990 |
| 2014 | $53K | $42K | $114K | $941 | — | View 990 |
| 2013 | $56K | $50K | $103K | $0 | — | View 990 |
| 2012 | $51K | $59K | $97K | $44 | — | View 990 |
| 2011 | $53K | $55K | $105K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $71K, expenses of $70K, and assets of $144K (revenue -24.1% year-over-year).
- 2023: Revenue of $93K, expenses of $81K, and assets of $111K (revenue +85.9% year-over-year).
- 2022: Revenue of $50K, expenses of $47K, and assets of $105K (revenue +115.3% year-over-year).
- 2021: Revenue of $23K, expenses of $34K, and assets of $113K (revenue -52.9% year-over-year).
- 2020: Revenue of $49K, expenses of $48K, and assets of $107K (revenue -31.6% year-over-year).
- 2019: Revenue of $72K, expenses of $71K, and assets of $97K (revenue -1.6% year-over-year).
- 2018: Revenue of $73K, expenses of $71K, and assets of $97K (revenue -1.0% year-over-year).
- 2017: Revenue of $74K, expenses of $70K, and assets of $88K (revenue +52.5% year-over-year).
- 2016: Revenue of $49K, expenses of $47K, and assets of $80K (revenue +5286.2% year-over-year).
- 2015: Revenue of $903, expenses of $45K, and assets of $75K (revenue -98.3% year-over-year).
- 2015: Revenue of $54K, expenses of $57K, and assets of $121K (revenue +1.6% year-over-year).
- 2014: Revenue of $53K, expenses of $42K, and assets of $114K (revenue -5.6% year-over-year).
- 2013: Revenue of $56K, expenses of $50K, and assets of $103K (revenue +9.5% year-over-year).
- 2012: Revenue of $51K, expenses of $59K, and assets of $97K (revenue -4.2% year-over-year).
- 2011: Revenue of $53K, expenses of $55K, and assets of $105K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Bozeman Friends Of Music Inc:
Data Sources and Methodology
This transparency report for Bozeman Friends Of 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.