Carolina Youth Symphony
EIN: 570638017 · Greenville, SC · NTEE: A69Z
| Metric | Value |
|---|---|
| Total Revenue | $231K |
| Total Expenses | $410K |
| Net Assets | $614K |
Is Carolina Youth Symphony Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Carolina Youth Symphony
Carolina Youth Symphony (EIN: 570638017) is a nonprofit organization based in Greenville, SC, classified under NTEE code A69Z. The organization reported total revenue of $231K and total assets of $651K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Carolina Youth Symphony's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Carolina Youth Symphony is a small nonprofit that has been operating for 49 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $392K |
| Total Expenses | $410K |
| Surplus / Deficit | $-17,776 |
| Total Assets | $614K |
| Net Assets | $614K |
| Operating Margin | -4.5% |
| Months of Reserves | 18.0 months |
Financial Health Grade: B
In 2023, Carolina Youth Symphony reported a deficit of $18K with expenses exceeding revenue, holds 18.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Carolina Youth Symphony's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +26.5% | +120.1% | +4.7% |
| 2022 | +48.8% | +36.0% | -11.9% |
| 2021 | +6.5% | -28.0% | +26.5% |
| 2020 | -49.7% | -58.1% | +6.3% |
| 2019 | +51.2% | +131.8% | -8.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1977 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Carolina Youth Symphony 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 Carolina Youth Symphony 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 $18K, with expenses exceeding revenue.
Frequently Asked Questions about Carolina Youth Symphony
Is Carolina Youth Symphony a legitimate charity?
Carolina Youth Symphony (EIN: 570638017) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $231K. No red flags identified. Financial health grade: B.
How does Carolina Youth Symphony spend its money?
Carolina Youth Symphony reported $231K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Carolina Youth Symphony tax-deductible?
Carolina Youth Symphony is registered as a tax-exempt nonprofit (EIN: 570638017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Carolina Youth Symphony located?
Carolina Youth Symphony is headquartered in Greenville, South Carolina and files with the IRS under EIN 570638017. It is classified under NTEE code A69Z.
How many years of IRS 990 filings does Carolina Youth Symphony have?
Carolina Youth Symphony 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 $231K in total revenue.
Filing History
IRS 990 filing history for Carolina Youth Symphony showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Carolina Youth Symphony's revenue has grown by 161.1%, moving from $150K to $392K. Total assets increased by 53.8% over the same period, from $400K to $614K. Total functional expenses rose by 199.1%, from $137K to $410K. In its most recent filing year (2023), Carolina Youth Symphony reported a deficit of $18K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $392K | $410K | $614K | $0 | — | — |
| 2022 | $310K | $186K | $587K | $0 | — | View 990 |
| 2021 | $208K | $137K | $666K | $0 | — | — |
| 2020 | $196K | $190K | $526K | $20K | — | View 990 |
| 2019 | $389K | $454K | $495K | $0 | — | View 990 |
| 2018 | $258K | $196K | $542K | $0 | — | View 990 |
| 2017 | $187K | $177K | $526K | $0 | — | View 990 |
| 2016 | $374K | $384K | $466K | $0 | — | View 990 |
| 2015 | $210K | $169K | $498K | $0 | — | View 990 |
| 2014 | $192K | $157K | $495K | $0 | — | View 990 |
| 2013 | $345K | $340K | $424K | $0 | — | View 990 |
| 2012 | $155K | $147K | $386K | $0 | — | View 990 |
| 2011 | $150K | $137K | $400K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $392K, expenses of $410K, and assets of $614K (revenue +26.5% year-over-year).
- 2022: Revenue of $310K, expenses of $186K, and assets of $587K (revenue +48.8% year-over-year).
- 2021: Revenue of $208K, expenses of $137K, and assets of $666K (revenue +6.5% year-over-year).
- 2020: Revenue of $196K, expenses of $190K, and assets of $526K (revenue -49.7% year-over-year).
- 2019: Revenue of $389K, expenses of $454K, and assets of $495K (revenue +51.2% year-over-year).
- 2018: Revenue of $258K, expenses of $196K, and assets of $542K (revenue +38.1% year-over-year).
- 2017: Revenue of $187K, expenses of $177K, and assets of $526K (revenue -50.1% year-over-year).
- 2016: Revenue of $374K, expenses of $384K, and assets of $466K (revenue +77.9% year-over-year).
- 2015: Revenue of $210K, expenses of $169K, and assets of $498K (revenue +9.3% year-over-year).
- 2014: Revenue of $192K, expenses of $157K, and assets of $495K (revenue -44.3% year-over-year).
- 2013: Revenue of $345K, expenses of $340K, and assets of $424K (revenue +123.1% year-over-year).
- 2012: Revenue of $155K, expenses of $147K, and assets of $386K (revenue +3.0% year-over-year).
- 2011: Revenue of $150K, expenses of $137K, and assets of $400K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Carolina Youth Symphony:
Data Sources and Methodology
This transparency report for Carolina Youth Symphony 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.