Chamber Music Central
Chamber Music Central operates with no executive compensation but faces recent deficit spending.
EIN: 201786674 · Stamford, CT · NTEE: A6E · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $42K |
| Total Expenses | $50K |
| Program Spending | 85% |
| Net Assets | $50K |
| Transparency Score | 88/100 |
Is Chamber Music Central Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chamber Music Central directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chamber Music Central
Chamber Music Central (EIN: 201786674) is a nonprofit organization based in Stamford, CT, classified under NTEE code A6E. The organization reported total revenue of $42K and total assets of $52K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chamber Music Central's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chamber Music Central is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $50K |
| Surplus / Deficit | $-6,614 |
| Total Assets | $52K |
| Total Liabilities | $1K |
| Net Assets | $50K |
| Operating Margin | -15.1% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 12.3 months |
Financial Health Grade: B
In 2023, Chamber Music Central reported a deficit of $7K with expenses exceeding revenue, holds 12.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chamber Music Central's revenue has declined at a compound annual growth rate (CAGR) of -4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.6% | -8.0% | -12.4% |
| 2022 | +145.5% | +37.1% | +20.0% |
| 2021 | +262.4% | +263.3% | -12.6% |
| 2020 | -89.4% | -85.1% | -4.2% |
| 2019 | +5.9% | +2.6% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Chamber Music Central with a Mission Score of 88 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Chamber Music Central allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $7K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization where no officers receive salaries, which is highly efficient for a nonprofit of this size.
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 Chamber Music Central's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses exceeded revenue by $6,614)
- Significant year-over-year revenue volatility
Strengths
The following positive indicators were identified for Chamber Music Central:
- Zero executive compensation, indicating high efficiency and volunteer commitment
- Strong program spending focus (estimated 85%)
- Excellent transparency with 13 years of public filings
- Stable asset base despite revenue fluctuations
Frequently Asked Questions about Chamber Music Central
Is Chamber Music Central a legitimate charity?
Chamber Music Central (EIN: 201786674) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 88/100. It has 13 years of IRS 990 filings on record. Total revenue: $42K. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Chamber Music Central spend its money?
Chamber Music Central directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Chamber Music Central tax-deductible?
Chamber Music Central is registered as a tax-exempt nonprofit (EIN: 201786674). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Chamber Music Central's spending goes to programs?
Chamber Music Central directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Chamber Music Central compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Chamber Music Central is above average for NTEE category A6E nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Chamber Music Central located?
Chamber Music Central is headquartered in Stamford, Connecticut and files with the IRS under EIN 201786674. It is classified under NTEE code A6E.
How many years of IRS 990 filings does Chamber Music Central have?
Chamber Music Central 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 $42K in total revenue.
Is Chamber Music Central financially stable?
While Chamber Music Central has a stable asset base of $51,898, it has experienced deficit spending in several recent years, including 2023 ($50,392 expenses vs. $43,778 revenue) and 2021 ($39,970 expenses vs. $26,450 revenue). This trend, if continued, could impact long-term stability, though current assets provide a buffer.
How does Chamber Music Central manage its administrative costs?
The organization appears to manage administrative costs very efficiently, likely due to its volunteer-led structure and absence of officer compensation. This allows a significant portion of its budget to be directed towards program services.
What is the trend in Chamber Music Central's revenue?
Chamber Music Central's revenue has fluctuated significantly over the years, from a high of $100,067 in 2016 to a low of $7,298 in 2020, and most recently $43,778 in 2023. There isn't a clear upward or downward trend, but rather volatility.
Filing History
IRS 990 filing history for Chamber Music Central showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chamber Music Central's revenue has declined by 43.4%, moving from $77K to $44K. Total assets decreased by 26.1% over the same period, from $70K to $52K. Total functional expenses fell by 1.1%, from $51K to $50K. In its most recent filing year (2023), Chamber Music Central reported a deficit of $7K, with expenses exceeding revenue. The organization holds $1K in liabilities against $52K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $50K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $44K | $50K | $52K | $1K | — | — |
| 2022 | $65K | $55K | $59K | $484 | — | View 990 |
| 2021 | $26K | $40K | $49K | $137 | — | — |
| 2020 | $7K | $11K | $56K | $277 | — | View 990 |
| 2019 | $69K | $74K | $59K | $46 | — | View 990 |
| 2018 | $65K | $72K | $64K | $116 | — | View 990 |
| 2017 | $80K | $80K | $71K | $0 | — | View 990 |
| 2016 | $100K | $104K | $70K | $0 | — | View 990 |
| 2015 | $80K | $75K | $74K | $453 | — | View 990 |
| 2014 | $90K | $83K | $70K | $343 | — | View 990 |
| 2013 | $69K | $71K | $62K | $0 | — | View 990 |
| 2012 | $56K | $61K | $65K | $0 | — | View 990 |
| 2011 | $77K | $51K | $70K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $44K, expenses of $50K, and assets of $52K (revenue -32.6% year-over-year).
- 2022: Revenue of $65K, expenses of $55K, and assets of $59K (revenue +145.5% year-over-year).
- 2021: Revenue of $26K, expenses of $40K, and assets of $49K (revenue +262.4% year-over-year).
- 2020: Revenue of $7K, expenses of $11K, and assets of $56K (revenue -89.4% year-over-year).
- 2019: Revenue of $69K, expenses of $74K, and assets of $59K (revenue +5.9% year-over-year).
- 2018: Revenue of $65K, expenses of $72K, and assets of $64K (revenue -18.9% year-over-year).
- 2017: Revenue of $80K, expenses of $80K, and assets of $71K (revenue -19.6% year-over-year).
- 2016: Revenue of $100K, expenses of $104K, and assets of $70K (revenue +25.4% year-over-year).
- 2015: Revenue of $80K, expenses of $75K, and assets of $74K (revenue -11.1% year-over-year).
- 2014: Revenue of $90K, expenses of $83K, and assets of $70K (revenue +30.3% year-over-year).
- 2013: Revenue of $69K, expenses of $71K, and assets of $62K (revenue +23.0% year-over-year).
- 2012: Revenue of $56K, expenses of $61K, and assets of $65K (revenue -27.7% year-over-year).
- 2011: Revenue of $77K, expenses of $51K, and assets of $70K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chamber Music Central:
Data Sources and Methodology
This transparency report for Chamber Music Central 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.