Composers Conference & Chamber
Composers Conference & Chamber: Consistent Program Spending, Modest Growth
EIN: 222514308 · Wayland, MA · Updated: 2026-04-04
Is Composers Conference & Chamber Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Composers Conference & Chamber directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Composers Conference & Chamber
Composers Conference & Chamber (EIN: 222514308) is a nonprofit organization based in Wayland, MA. The organization reported total revenue of $287K and total assets of $425K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Composers Conference & Chamber'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 Composers Conference & Chamber with a Mission Score of 75 out of 100 (Good). 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, Composers Conference & Chamber 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.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, suggesting it falls below the $150,000 threshold for individual reporting.
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.
Strengths
The following positive indicators were identified for Composers Conference & Chamber:
- Consistent program spending, with 80% of expenses dedicated to programs in 2023.
- Healthy asset growth from $91,262 in 2016 to $372,343 in 2023.
- Low fundraising costs, indicating efficient resource acquisition.
Frequently Asked Questions about Composers Conference & Chamber
Is Composers Conference & Chamber a legitimate charity?
Based on AI analysis of IRS 990 filings, Composers Conference & Chamber (EIN: 222514308) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Composers Conference & Chamber spend its money?
Composers Conference & Chamber directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Composers Conference & Chamber tax-deductible?
Composers Conference & Chamber is registered as a tax-exempt nonprofit (EIN: 222514308). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Composers Conference & Chamber do?
Composers Conference & Chamber is a nonprofit organization in the Unknown sector, located in Wayland, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Composers Conference & Chamber have?
Composers Conference & Chamber reported total revenue of $287,090. Based on 13 IRS 990 filings on record.
What are Composers Conference & Chamber's total assets?
Composers Conference & Chamber holds total assets of $424,983 as reported in IRS 990 filings.
Where is Composers Conference & Chamber located?
Composers Conference & Chamber is based in Wayland, Massachusetts.
What is Composers Conference & Chamber's EIN?
Composers Conference & Chamber's Employer Identification Number (EIN) is 222514308. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Composers Conference & Chamber?
Composers Conference & Chamber is classified under NTEE code Unknown (Unknown).
Is Composers Conference & Chamber a registered 501(c)(3)?
Composers Conference & Chamber appears in IRS records (EIN: 222514308). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Composers Conference & Chamber file IRS Form 990?
Yes, Composers Conference & Chamber has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Composers Conference & Chamber's revenue in 2023?
In the 202312 filing period, Composers Conference & Chamber reported total revenue of $275,364, total expenses of $231,705, and net assets of $372,343.
Is Composers Conference & Chamber's revenue growing or declining?
Composers Conference & Chamber's revenue is growing. Revenue went from $240,193 (202212) to $275,364 (202312), a +14.6% change. Based on 13 filings on record.
What is Composers Conference & Chamber's most recent 990 filing?
The most recent IRS Form 990 filing for Composers Conference & Chamber covers tax period 202312. It shows revenue of $275,364, expenses of $231,705, total assets of $372,343, and liabilities of $1,550.
How much does Composers Conference & Chamber spend on programs vs administration?
Based on IRS 990 analysis, Composers Conference & Chamber allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Composers Conference & Chamber a trustworthy charity?
Based on AI analysis of IRS 990 data, Composers Conference & Chamber appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Composers Conference & Chamber's strengths?
Positive indicators for Composers Conference & Chamber include: Consistent program spending, with 80% of expenses dedicated to programs in 2023.. Healthy asset growth from $91,262 in 2016 to $372,343 in 2023.. Low fundraising costs, indicating efficient resource acquisition.. These findings are derived from AI analysis of the organization's financial filings.
How does Composers Conference & Chamber compensate executives?
Executive compensation is not reported in the provided filings, suggesting it falls below the $150,000 threshold for individual reporting. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How does the organization sustain its mission without significant reported executive compensation?
The absence of reported executive compensation above the $150,000 threshold suggests that leadership may be volunteer-based, compensated below this amount, or that the organization relies heavily on part-time staff and contractors for its operations, which could be a cost-saving measure.
What factors contributed to the significant increase in assets from $114,608 in 2017 to $338,666 in 2021, despite fluctuating revenues?
The substantial asset growth during this period, despite revenue fluctuations, indicates effective financial management, potentially through strategic investments, successful grant acquisitions not immediately spent, or significant non-cash contributions that built up the asset base.
Filing History
IRS 990 filing history for Composers Conference & Chamber showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Composers Conference & Chamber's revenue has grown by 33.4%, moving from $206K to $275K. Total assets increased by 877% over the same period, from $38K to $372K. Total functional expenses rose by 8.8%, from $213K to $232K. In its most recent filing year (2023), Composers Conference & Chamber reported a surplus of $44K, with revenue exceeding expenses. The organization holds $2K in liabilities against $372K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $371K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $275K | $232K | $372K | $2K | — | — |
| 2022 | $240K | $201K | $297K | $0 | — | View 990 |
| 2021 | $171K | $98K | $339K | $0 | — | View 990 |
| 2020 | $106K | $145K | $274K | $0 | — | View 990 |
| 2019 | $287K | $200K | $314K | $0 | — | View 990 |
| 2018 | $338K | $222K | $210K | $0 | — | View 990 |
| 2017 | $274K | $255K | $115K | $0 | — | View 990 |
| 2016 | $274K | $245K | $91K | $0 | — | View 990 |
| 2015 | $225K | $216K | $61K | $0 | — | View 990 |
| 2014 | $220K | $229K | $56K | $0 | — | View 990 |
| 2013 | $243K | $229K | $64K | $0 | — | View 990 |
| 2012 | $215K | $205K | $48K | $0 | — | View 990 |
| 2011 | $206K | $213K | $38K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $275K, expenses of $232K, and assets of $372K (revenue +14.6% year-over-year).
- 2022: Revenue of $240K, expenses of $201K, and assets of $297K (revenue +40.6% year-over-year).
- 2021: Revenue of $171K, expenses of $98K, and assets of $339K (revenue +61.2% year-over-year).
- 2020: Revenue of $106K, expenses of $145K, and assets of $274K (revenue -63.1% year-over-year).
- 2019: Revenue of $287K, expenses of $200K, and assets of $314K (revenue -15.0% year-over-year).
- 2018: Revenue of $338K, expenses of $222K, and assets of $210K (revenue +23.4% year-over-year).
- 2017: Revenue of $274K, expenses of $255K, and assets of $115K (revenue -0.2% year-over-year).
- 2016: Revenue of $274K, expenses of $245K, and assets of $91K (revenue +21.9% year-over-year).
- 2015: Revenue of $225K, expenses of $216K, and assets of $61K (revenue +2.1% year-over-year).
- 2014: Revenue of $220K, expenses of $229K, and assets of $56K (revenue -9.2% year-over-year).
- 2013: Revenue of $243K, expenses of $229K, and assets of $64K (revenue +13.1% year-over-year).
- 2012: Revenue of $215K, expenses of $205K, and assets of $48K (revenue +3.9% year-over-year).
- 2011: Revenue of $206K, expenses of $213K, and assets of $38K.
Data Sources and Methodology
This transparency report for Composers Conference & Chamber 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.