Cleveland Chamber Music Society
EIN: 346576253 · Cleveland, OH · NTEE: A68Z
| Metric | Value |
|---|---|
| Total Revenue | $714K |
| Total Expenses | $176K |
| Net Assets | $2.5M |
Is Cleveland Chamber Music Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Cleveland Chamber Music Society
Cleveland Chamber Music Society (EIN: 346576253) is a nonprofit organization based in Cleveland, OH, classified under NTEE code A68Z. The organization reported total revenue of $714K and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cleveland Chamber Music Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cleveland Chamber Music Society is a small nonprofit that has been operating for 75 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $175K |
| Total Expenses | $176K |
| Surplus / Deficit | $-1,394 |
| Total Assets | $2.5M |
| Net Assets | $2.5M |
| Operating Margin | -0.8% |
| Months of Reserves | 170.4 months |
Financial Health Grade: B
In 2023, Cleveland Chamber Music Society reported a deficit of $1K with expenses exceeding revenue, holds 170.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Cleveland Chamber Music Society's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.7% | -3.1% | +6.1% |
| 2022 | -12.1% | +146.7% | -8.0% |
| 2021 | -25.9% | -54.7% | +18.0% |
| 2020 | +23.3% | +7.0% | — |
| 2019 | -8.0% | -11.6% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1951 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Cleveland Chamber Music Society 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 Cleveland Chamber Music Society 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 $1K, with expenses exceeding revenue.
Frequently Asked Questions about Cleveland Chamber Music Society
Is Cleveland Chamber Music Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Cleveland Chamber Music Society (EIN: 346576253) insufficient data. 0 red flags identified, 0 strengths noted.
How does Cleveland Chamber Music Society spend its money?
Detailed spending breakdown data is not yet available for Cleveland Chamber Music Society. Check back for updated IRS 990 analysis.
Are donations to Cleveland Chamber Music Society tax-deductible?
Cleveland Chamber Music Society is registered as a tax-exempt nonprofit (EIN: 346576253). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Cleveland Chamber Music Society located?
Cleveland Chamber Music Society is headquartered in Cleveland, Ohio and files with the IRS under EIN 346576253. It is classified under NTEE code A68Z.
How many years of IRS 990 filings does Cleveland Chamber Music Society have?
Cleveland Chamber Music Society 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 $714K in total revenue.
Filing History
IRS 990 filing history for Cleveland Chamber Music Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cleveland Chamber Music Society's revenue has grown by 12.3%, moving from $156K to $175K. Total assets increased by 85% over the same period, from $1.4M to $2.5M. Total functional expenses rose by 41.7%, from $124K to $176K. In its most recent filing year (2023), Cleveland Chamber Music Society reported a deficit of $1K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $175K | $176K | $2.5M | $0 | — | — |
| 2022 | $158K | $182K | $2.4M | $0 | — | View 990 |
| 2021 | $180K | $74K | $2.6M | $0 | — | View 990 |
| 2020 | $243K | $163K | $2.2M | $0 | — | View 990 |
| 2019 | $197K | $152K | $0 | $0 | — | View 990 |
| 2018 | $214K | $172K | $2.0M | $0 | — | View 990 |
| 2017 | $235K | $166K | $0 | $0 | — | View 990 |
| 2016 | $195K | $167K | $1.9M | $0 | — | View 990 |
| 2015 | $178K | $168K | $1.8M | $0 | — | View 990 |
| 2014 | $148K | $161K | $1.9M | $0 | — | View 990 |
| 2013 | $167K | $156K | $1.7M | $0 | — | View 990 |
| 2012 | $381K | $141K | $1.7M | $0 | — | View 990 |
| 2011 | $156K | $124K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $175K, expenses of $176K, and assets of $2.5M (revenue +10.7% year-over-year).
- 2022: Revenue of $158K, expenses of $182K, and assets of $2.4M (revenue -12.1% year-over-year).
- 2021: Revenue of $180K, expenses of $74K, and assets of $2.6M (revenue -25.9% year-over-year).
- 2020: Revenue of $243K, expenses of $163K, and assets of $2.2M (revenue +23.3% year-over-year).
- 2019: Revenue of $197K, expenses of $152K, and assets of $0 (revenue -8.0% year-over-year).
- 2018: Revenue of $214K, expenses of $172K, and assets of $2.0M (revenue -9.1% year-over-year).
- 2017: Revenue of $235K, expenses of $166K, and assets of $0 (revenue +20.7% year-over-year).
- 2016: Revenue of $195K, expenses of $167K, and assets of $1.9M (revenue +9.5% year-over-year).
- 2015: Revenue of $178K, expenses of $168K, and assets of $1.8M (revenue +20.5% year-over-year).
- 2014: Revenue of $148K, expenses of $161K, and assets of $1.9M (revenue -11.4% year-over-year).
- 2013: Revenue of $167K, expenses of $156K, and assets of $1.7M (revenue -56.2% year-over-year).
- 2012: Revenue of $381K, expenses of $141K, and assets of $1.7M (revenue +144.5% year-over-year).
- 2011: Revenue of $156K, expenses of $124K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cleveland Chamber Music Society:
Data Sources and Methodology
This transparency report for Cleveland Chamber Music Society 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.