Community Music School Inc
Community Music School Inc: Strong Program Spending, but Transparency Lacking
EIN: 222552861 · Centerbrook, CT · NTEE: A6E0 · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $712K |
| Total Expenses | $553K |
| Program Spending | 80% |
| Net Assets | $144K |
| Transparency Score | 85/100 |
Is Community Music School Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Community Music School Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Community Music School Inc
Community Music School Inc (EIN: 222552861) is a nonprofit organization based in Centerbrook, CT, classified under NTEE code A6E0. The organization reported total revenue of $712K and total assets of $652K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Community Music School Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Community Music School Inc is a small nonprofit that has been operating for 42 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $697K |
| Total Expenses | $553K |
| Surplus / Deficit | +$144K |
| Total Assets | $636K |
| Total Liabilities | $492K |
| Net Assets | $144K |
| Operating Margin | 20.7% |
| Debt-to-Asset Ratio | 77.4% |
| Months of Reserves | 13.8 months |
Financial Health Grade: A
In 2023, Community Music School Inc reported a surplus of $144K with revenue exceeding expenses, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 77.4% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Community Music School Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +27.8% | +8.8% | +64.1% |
| 2022 | +12.7% | +20.8% | -8.6% |
| 2021 | -16.2% | -23.0% | +63.8% |
| 2020 | -1.7% | -9.5% | +18.4% |
| 2019 | +1.9% | +5.5% | -13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
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 Community Music School 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Community Music School Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 surplus of $144K, with revenue exceeding expenses.
- Debt-to-asset ratio: 77.4%.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings.
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 Community Music School Inc's IRS 990 filings:
- Lack of detailed executive compensation disclosure.
- Limited public information on program impact and specific beneficiaries.
Strengths
The following positive indicators were identified for Community Music School Inc:
- Consistent revenue generation over several years.
- Healthy asset growth from $218,800 in 2019 to $636,333 in 2023.
- Low fundraising costs based on available data.
Frequently Asked Questions about Community Music School Inc
Is Community Music School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Music School Inc (EIN: 222552861) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Community Music School Inc spend its money?
Community Music School Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Community Music School Inc tax-deductible?
Community Music School Inc is registered as a tax-exempt nonprofit (EIN: 222552861). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Community Music School Inc's spending goes to programs?
Community Music School Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Community Music School Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Community Music School Inc is above average for NTEE category A6E0 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Community Music School Inc located?
Community Music School Inc is headquartered in Centerbrook, Connecticut and files with the IRS under EIN 222552861. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Community Music School Inc have?
Community Music School Inc has 12 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 $712K in total revenue.
What does Community Music School Inc do?
Community Music School Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Centerbrook, Connecticut. It is classified under NTEE code A6E0.
How much revenue does Community Music School Inc have?
Community Music School Inc reported total revenue of $711,893. Based on 12 IRS 990 filings on record.
What are Community Music School Inc's total assets?
Community Music School Inc holds total assets of $652,170 as reported in IRS 990 filings.
Where is Community Music School Inc located?
Community Music School Inc is based in Centerbrook, Connecticut.
What is Community Music School Inc's EIN?
Community Music School Inc's Employer Identification Number (EIN) is 222552861. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Community Music School Inc?
Community Music School Inc is classified under NTEE code A6E0 (Arts, Culture & Humanities).
Is Community Music School Inc a registered 501(c)(3)?
Yes, Community Music School Inc is recognized as a tax-exempt organization by the IRS. EIN: 222552861.
Does Community Music School Inc file IRS Form 990?
Yes, Community Music School Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Community Music School Inc's revenue in 2023?
In the 202306 filing period, Community Music School Inc reported total revenue of $697,132, total expenses of $552,683, and net assets of $636,333.
Is Community Music School Inc's revenue growing or declining?
Community Music School Inc's revenue is growing. Revenue went from $545,406 (202206) to $697,132 (202306), a +27.8% change. Based on 12 filings on record.
What is Community Music School Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Community Music School Inc covers tax period 202306. It shows revenue of $697,132, expenses of $552,683, total assets of $636,333, and liabilities of $492,456.
How much does Community Music School Inc spend on programs vs administration?
Based on IRS 990 analysis, Community Music School Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Community Music School Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Community Music School Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Community Music School Inc?
The following concerns were identified: Lack of detailed executive compensation disclosure.. Limited public information on program impact and specific beneficiaries.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Community Music School Inc's strengths?
Positive indicators for Community Music School Inc include: Consistent revenue generation over several years.. Healthy asset growth from $218,800 in 2019 to $636,333 in 2023.. Low fundraising costs based on available data.. These findings are derived from AI analysis of the organization's financial filings.
How does Community Music School Inc compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization ensure its mission is effectively met given the lack of detailed program outcome reporting?
While financial data shows consistent revenue and asset growth, the absence of specific program outcome reports makes it challenging to directly assess the effectiveness of their mission delivery beyond financial health.
What strategies are in place to diversify funding sources, considering the reliance on general revenue figures?
The provided data primarily shows total revenue. A deeper dive into specific funding sources (e.g., grants, individual donations, earned income) would be necessary to assess diversification strategies and potential vulnerabilities.
Filing History
IRS 990 filing history for Community Music School Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Community Music School Inc's revenue has grown by 15%, moving from $606K to $697K. Total assets increased by 1.9% over the same period, from $625K to $636K. Total functional expenses fell by 6.2%, from $589K to $553K. In its most recent filing year (2023), Community Music School Inc reported a surplus of $144K, with revenue exceeding expenses. The organization holds $492K in liabilities against $636K in assets (debt-to-asset ratio: 77.4%), resulting in net assets of $144K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $697K | $553K | $636K | $492K | — | View 990 |
| 2022 | $545K | $508K | $388K | $392K | — | View 990 |
| 2021 | $484K | $421K | $424K | $458K | — | View 990 |
| 2020 | $578K | $546K | $259K | $362K | — | View 990 |
| 2019 | $588K | $603K | $219K | $360K | — | View 990 |
| 2018 | $577K | $572K | $253K | $378K | — | View 990 |
| 2017 | $513K | $556K | $237K | $359K | — | View 990 |
| 2016 | $392K | $600K | $253K | $335K | — | View 990 |
| 2015 | $554K | $598K | $412K | $416K | — | View 990 |
| 2014 | $602K | $629K | $585K | $408K | — | View 990 |
| 2013 | $572K | $621K | $595K | $387K | — | View 990 |
| 2012 | $606K | $589K | $625K | $370K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $697K, expenses of $553K, and assets of $636K (revenue +27.8% year-over-year).
- 2022: Revenue of $545K, expenses of $508K, and assets of $388K (revenue +12.7% year-over-year).
- 2021: Revenue of $484K, expenses of $421K, and assets of $424K (revenue -16.2% year-over-year).
- 2020: Revenue of $578K, expenses of $546K, and assets of $259K (revenue -1.7% year-over-year).
- 2019: Revenue of $588K, expenses of $603K, and assets of $219K (revenue +1.9% year-over-year).
- 2018: Revenue of $577K, expenses of $572K, and assets of $253K (revenue +12.6% year-over-year).
- 2017: Revenue of $513K, expenses of $556K, and assets of $237K (revenue +30.7% year-over-year).
- 2016: Revenue of $392K, expenses of $600K, and assets of $253K (revenue -29.2% year-over-year).
- 2015: Revenue of $554K, expenses of $598K, and assets of $412K (revenue -8.0% year-over-year).
- 2014: Revenue of $602K, expenses of $629K, and assets of $585K (revenue +5.3% year-over-year).
- 2013: Revenue of $572K, expenses of $621K, and assets of $595K (revenue -5.7% year-over-year).
- 2012: Revenue of $606K, expenses of $589K, and assets of $625K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Community Music School Inc:
Data Sources and Methodology
This transparency report for Community Music School 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.