Chestnut Hill Concerts Inc
EIN: 60861365 · Old Saybrook, CT · NTEE: A68Z
Is Chestnut Hill Concerts Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chestnut Hill Concerts Inc
Chestnut Hill Concerts Inc (EIN: 60861365) is a nonprofit organization based in Old Saybrook, CT, classified under NTEE code A68Z. The organization reported total revenue of $104K and total assets of $87K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chestnut Hill Concerts Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Chestnut Hill Concerts 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 Chestnut Hill Concerts 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.
Frequently Asked Questions about Chestnut Hill Concerts Inc
Is Chestnut Hill Concerts Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Chestnut Hill Concerts Inc (EIN: 60861365) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chestnut Hill Concerts Inc spend its money?
Detailed spending breakdown data is not yet available for Chestnut Hill Concerts Inc. Check back for updated IRS 990 analysis.
Are donations to Chestnut Hill Concerts Inc tax-deductible?
Chestnut Hill Concerts Inc is registered as a tax-exempt nonprofit (EIN: 60861365). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Chestnut Hill Concerts Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chestnut Hill Concerts Inc's revenue has grown by 393.3%, moving from $16K to $81K. Total assets increased by 897.1% over the same period, from $9K to $86K. Total functional expenses rose by 399.1%, from $16K to $81K. In its most recent filing year (2023), Chestnut Hill Concerts Inc reported a deficit of $106, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $81K | $86K | $0 | — | — |
| 2022 | $94K | $65K | $86K | $0 | — | View 990 |
| 2021 | $57K | $65K | $57K | $0 | — | — |
| 2020 | $21K | $14K | $65K | $0 | — | View 990 |
| 2019 | $21K | $18K | $58K | $0 | — | View 990 |
| 2018 | $27K | $19K | $55K | $0 | — | View 990 |
| 2017 | $28K | $16K | $47K | $0 | — | View 990 |
| 2016 | $28K | $15K | $35K | $0 | — | View 990 |
| 2015 | $16K | $16K | $22K | $0 | — | View 990 |
| 2014 | $28K | $16K | $24K | $0 | — | View 990 |
| 2013 | $20K | $14K | $13K | $0 | — | View 990 |
| 2012 | $12K | $14K | $6K | $0 | — | View 990 |
| 2011 | $16K | $16K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $81K, and assets of $86K (revenue -14.3% year-over-year).
- 2022: Revenue of $94K, expenses of $65K, and assets of $86K (revenue +66.0% year-over-year).
- 2021: Revenue of $57K, expenses of $65K, and assets of $57K (revenue +174.8% year-over-year).
- 2020: Revenue of $21K, expenses of $14K, and assets of $65K (revenue -0.6% year-over-year).
- 2019: Revenue of $21K, expenses of $18K, and assets of $58K (revenue -22.1% year-over-year).
- 2018: Revenue of $27K, expenses of $19K, and assets of $55K (revenue -4.7% year-over-year).
- 2017: Revenue of $28K, expenses of $16K, and assets of $47K (revenue -1.8% year-over-year).
- 2016: Revenue of $28K, expenses of $15K, and assets of $35K (revenue +82.3% year-over-year).
- 2015: Revenue of $16K, expenses of $16K, and assets of $22K (revenue -43.8% year-over-year).
- 2014: Revenue of $28K, expenses of $16K, and assets of $24K (revenue +40.5% year-over-year).
- 2013: Revenue of $20K, expenses of $14K, and assets of $13K (revenue +67.5% year-over-year).
- 2012: Revenue of $12K, expenses of $14K, and assets of $6K (revenue -27.8% year-over-year).
- 2011: Revenue of $16K, expenses of $16K, and assets of $9K.
Data Sources and Methodology
This transparency report for Chestnut Hill Concerts 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.