Chamber Music Society Of Lincoln Center Inc
Chamber Music Society of Lincoln Center shows strong asset growth but recent revenue volatility and deficit spending.
EIN: 132628036 · New York, NY · NTEE: A6C0 · Updated: 2026-03-28
Is Chamber Music Society Of Lincoln Center Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Chamber Music Society Of Lincoln Center Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Chamber Music Society Of Lincoln Center Inc
Chamber Music Society Of Lincoln Center Inc (EIN: 132628036) is a nonprofit organization based in New York, NY, classified under NTEE code A6C0. The organization reported total revenue of $32.8M and total assets of $86.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chamber Music Society Of Lincoln Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Chamber Music Society Of Lincoln Center Inc with a Mission Score of 85 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Chamber Music Society Of Lincoln Center Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with assets exceeding $78 million. This could indicate that executive roles are entirely volunteer-based or that compensation is categorized differently, requiring deeper scrutiny for a full understanding of executive remuneration.
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 Society Of Lincoln Center Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and warrants further investigation into executive remuneration practices.
- Significant year-over-year revenue volatility, with a sharp decline from $18,017,468 in 2022 to $7,911,947 in 2023, indicating potential instability in funding sources.
- Expenses ($10,843,678) exceeding revenue ($7,911,947) in 2023, resulting in a deficit for the year.
Strengths
The following positive indicators were identified for Chamber Music Society Of Lincoln Center Inc:
- Strong asset growth over the past decade, from $45,799,555 in 2014 to $78,429,875 in 2023, indicating robust financial management and investment.
- Substantial asset base ($86,747,345 latest reported) provides financial stability and capacity for future programs.
- Historically strong revenue years, such as $18,017,468 in 2022 and $18,022,725 in 2019, demonstrate capacity for significant fundraising and earned income.
Frequently Asked Questions about Chamber Music Society Of Lincoln Center Inc
Is Chamber Music Society Of Lincoln Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chamber Music Society Of Lincoln Center Inc (EIN: 132628036) some concerns. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
How does Chamber Music Society Of Lincoln Center Inc spend its money?
Chamber Music Society Of Lincoln Center Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Chamber Music Society Of Lincoln Center Inc tax-deductible?
Chamber Music Society Of Lincoln Center Inc is registered as a tax-exempt nonprofit (EIN: 132628036). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all filings is highly unusual for an organization of this scale. It could imply that executive leadership is entirely volunteer-based, or that compensation for key management personnel is reported under other expense categories, such as program or administrative expenses, rather than specifically as 'officer compensation' on the 990 form. Further investigation into the detailed expense breakdowns would be necessary to clarify this.
What caused the significant revenue drop from $18,017,468 in 2022 to $7,911,947 in 2023?
The substantial decrease in revenue from 2022 to 2023 suggests a significant change in funding or operational activities. This could be due to the completion of a major fundraising campaign, a reduction in grant funding, or a decrease in earned revenue from performances or events. Understanding the specific revenue streams would help pinpoint the cause.
How does the organization plan to address the deficit spending observed in 2023?
In 2023, expenses ($10,843,678) exceeded revenue ($7,911,947). While the organization has substantial assets, sustained deficit spending could impact long-term financial health. The organization would likely need to either increase revenue generation or implement cost-cutting measures to return to a surplus.
Filing History
IRS 990 filing history for Chamber Music Society Of Lincoln Center Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chamber Music Society Of Lincoln Center Inc's revenue has grown by 24.3%, moving from $6.4M to $7.9M. Total assets increased by 80.2% over the same period, from $43.5M to $78.4M. Total functional expenses rose by 92.2%, from $5.6M to $10.8M. In its most recent filing year (2023), Chamber Music Society Of Lincoln Center Inc reported a deficit of $2.9M, with expenses exceeding revenue. The organization holds $2.5M in liabilities against $78.4M in assets (debt-to-asset ratio: 3.1%), resulting in net assets of $76.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $7.9M | $10.8M | $78.4M | $2.5M | — | — |
| 2022 | $18.0M | $9.9M | $73.1M | $2.2M | — | View 990 |
| 2021 | $8.1M | $6.9M | $75.8M | $2.4M | — | View 990 |
| 2020 | $15.5M | $10.0M | $63.0M | $1.8M | — | View 990 |
| 2019 | $18.0M | $10.1M | $61.8M | $2.3M | — | View 990 |
| 2018 | $10.3M | $9.3M | $55.9M | $2.0M | — | View 990 |
| 2017 | $13.3M | $8.6M | $52.5M | $2.0M | — | View 990 |
| 2016 | $8.6M | $8.8M | $45.1M | $1.7M | — | — |
| 2015 | $16.0M | $7.9M | $49.8M | $1.8M | — | View 990 |
| 2014 | $6.4M | $6.9M | $45.8M | $1.3M | — | View 990 |
| 2013 | $5.2M | $6.7M | $43.4M | $1.6M | — | View 990 |
| 2012 | $4.1M | $6.0M | $41.4M | $1.2M | — | View 990 |
| 2011 | $6.4M | $5.6M | $43.5M | $1.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.9M, expenses of $10.8M, and assets of $78.4M (revenue -56.1% year-over-year).
- 2022: Revenue of $18.0M, expenses of $9.9M, and assets of $73.1M (revenue +122.5% year-over-year).
- 2021: Revenue of $8.1M, expenses of $6.9M, and assets of $75.8M (revenue -47.6% year-over-year).
- 2020: Revenue of $15.5M, expenses of $10.0M, and assets of $63.0M (revenue -14.2% year-over-year).
- 2019: Revenue of $18.0M, expenses of $10.1M, and assets of $61.8M (revenue +75.6% year-over-year).
- 2018: Revenue of $10.3M, expenses of $9.3M, and assets of $55.9M (revenue -23.0% year-over-year).
- 2017: Revenue of $13.3M, expenses of $8.6M, and assets of $52.5M (revenue +54.6% year-over-year).
- 2016: Revenue of $8.6M, expenses of $8.8M, and assets of $45.1M (revenue -46.2% year-over-year).
- 2015: Revenue of $16.0M, expenses of $7.9M, and assets of $49.8M (revenue +149.7% year-over-year).
- 2014: Revenue of $6.4M, expenses of $6.9M, and assets of $45.8M (revenue +24.4% year-over-year).
- 2013: Revenue of $5.2M, expenses of $6.7M, and assets of $43.4M (revenue +24.7% year-over-year).
- 2012: Revenue of $4.1M, expenses of $6.0M, and assets of $41.4M (revenue -35.0% year-over-year).
- 2011: Revenue of $6.4M, expenses of $5.6M, and assets of $43.5M.
Data Sources and Methodology
This transparency report for Chamber Music Society Of Lincoln Center 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.