Connecticut Choral Artists Inc
Connecticut Choral Artists: Consistent Losses, Declining Assets, and Lack of Transparency
EIN: 222755473 · New Britain, CT · NTEE: A68Z · Updated: 2026-04-04
Is Connecticut Choral Artists Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Connecticut Choral Artists Inc
Connecticut Choral Artists Inc (EIN: 222755473) is a nonprofit organization based in New Britain, CT, classified under NTEE code A68Z. The organization reported total revenue of $207K and total assets of $107K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Connecticut Choral Artists Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Connecticut Choral Artists Inc is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $239K |
| Total Expenses | $209K |
| Surplus / Deficit | +$31K |
| Total Assets | $136K |
| Total Liabilities | $2K |
| Net Assets | $134K |
| Operating Margin | 12.8% |
| Debt-to-Asset Ratio | 1.5% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Connecticut Choral Artists Inc reported a surplus of $31K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Connecticut Choral Artists Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.8% | +12.1% | +26.5% |
| 2022 | +26.9% | +65.3% | +7.5% |
| 2021 | -26.7% | -47.4% | +49.8% |
| 2020 | -13.2% | -14.3% | +8.7% |
| 2019 | -14.0% | -1.7% | -14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1986 |
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 Connecticut Choral Artists Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Connecticut Choral Artists Inc allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $31K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.5%.
Executive Compensation Analysis
The organization consistently reports $0 in compensation for all officers, directors, trustees, and key employees across all available filings, which raises questions about how leadership is compensated or if these roles are entirely volunteer-based without any form of 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 Connecticut Choral Artists Inc's IRS 990 filings:
- Consistent net losses reported across all available fiscal years (e.g., -$2,069 in 2023, -$4,184 in 2022, -$32,160 in 2021).
- Total assets have significantly declined from $71,643 in 2018 to $107,401 in 2023, with a notable dip to $27,603 in 2016.
- The absence of any reported program, administrative, or fundraising expenses breakdown makes financial analysis and assessment of resource allocation impossible.
- Reporting $0 for all executive compensation across multiple years is highly unusual and may indicate incomplete reporting or an entirely volunteer-run structure without any paid leadership.
- The organization's liabilities have fluctuated significantly, reaching $36,231 in 2020, indicating potential financial instability.
Strengths
The following positive indicators were identified for Connecticut Choral Artists Inc:
- Despite consistent losses, the organization has continued to operate for at least seven years, suggesting a dedicated volunteer base or community support.
- Total revenue has shown some recovery in recent years, increasing from $149,974 in 2021 to $206,874 in 2023.
Frequently Asked Questions about Connecticut Choral Artists Inc
Is Connecticut Choral Artists Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Connecticut Choral Artists Inc (EIN: 222755473) significant concerns. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
How does Connecticut Choral Artists Inc spend its money?
Detailed spending breakdown data is not yet available for Connecticut Choral Artists Inc. Check back for updated IRS 990 analysis.
Are donations to Connecticut Choral Artists Inc tax-deductible?
Connecticut Choral Artists Inc is registered as a tax-exempt nonprofit (EIN: 222755473). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Connecticut Choral Artists Inc do?
Connecticut Choral Artists Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in New Britain, Connecticut. It is classified under NTEE code A68Z.
How much revenue does Connecticut Choral Artists Inc have?
Connecticut Choral Artists Inc reported total revenue of $206,874. Based on 13 IRS 990 filings on record.
What are Connecticut Choral Artists Inc's total assets?
Connecticut Choral Artists Inc holds total assets of $107,401 as reported in IRS 990 filings.
Where is Connecticut Choral Artists Inc located?
Connecticut Choral Artists Inc is based in New Britain, Connecticut.
What is Connecticut Choral Artists Inc's EIN?
Connecticut Choral Artists Inc's Employer Identification Number (EIN) is 222755473. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Connecticut Choral Artists Inc?
Connecticut Choral Artists Inc is classified under NTEE code A68Z (Arts, Culture & Humanities).
Is Connecticut Choral Artists Inc a registered 501(c)(3)?
Yes, Connecticut Choral Artists Inc is recognized as a tax-exempt organization by the IRS. EIN: 222755473.
Does Connecticut Choral Artists Inc file IRS Form 990?
Yes, Connecticut Choral Artists Inc has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Connecticut Choral Artists Inc's revenue in 2023?
In the 202306 filing period, Connecticut Choral Artists Inc reported total revenue of $239,368, total expenses of $208,831, and net assets of $135,798.
Is Connecticut Choral Artists Inc's revenue growing or declining?
Connecticut Choral Artists Inc's revenue is growing. Revenue went from $190,319 (202206) to $239,368 (202306), a +25.8% change. Based on 13 filings on record.
What is Connecticut Choral Artists Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Connecticut Choral Artists Inc covers tax period 202306. It shows revenue of $239,368, expenses of $208,831, total assets of $135,798, and liabilities of $2,069.
Is Connecticut Choral Artists Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Connecticut Choral Artists Inc shows mixed signals. Mission Score: 45/100 (Fair). 5 red flags identified. 2 strengths noted.
What are the red flags for Connecticut Choral Artists Inc?
The following concerns were identified: Consistent net losses reported across all available fiscal years (e.g., -$2,069 in 2023, -$4,184 in 2022, -$32,160 in 2021).. Total assets have significantly declined from $71,643 in 2018 to $107,401 in 2023, with a notable dip to $27,603 in 2016.. The absence of any reported program, administrative, or fundraising expenses breakdown makes financial analysis and assessment of resource allocation impossible.. Reporting $0 for all executive compensation across multiple years is highly unusual and may indicate incomplete reporting or an entirely volunteer-run structure without any paid leadership.. The organization's liabilities have fluctuated significantly, reaching $36,231 in 2020, indicating potential financial instability.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Connecticut Choral Artists Inc's strengths?
Positive indicators for Connecticut Choral Artists Inc include: Despite consistent losses, the organization has continued to operate for at least seven years, suggesting a dedicated volunteer base or community support.. Total revenue has shown some recovery in recent years, increasing from $149,974 in 2021 to $206,874 in 2023.. These findings are derived from AI analysis of the organization's financial filings.
How does Connecticut Choral Artists Inc compensate executives?
The organization consistently reports $0 in compensation for all officers, directors, trustees, and key employees across all available filings, which raises questions about how leadership is compensated or if these roles are entirely volunteer-based without any form of remuneration. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Connecticut Choral Artists Inc?
- No detailed functional expense breakdown (program, admin, fundraising) is provided in the available filings, making it impossible to assess spending efficiency. - The organization consistently reports 0% compensation for officers, directors, trustees, and key employees, which is unusual for an organization with reported expenses. - The filings lack specific narrative details regarding program activities or achievements. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the consistent reporting of $0 for all executive compensation, how does the organization sustain its operations and leadership, and what is the nature of its governance structure?
The consistent reporting of $0 for executive compensation suggests that the organization may be entirely volunteer-run at the leadership level, or that compensation is being reported in a manner not captured by the standard executive compensation lines in the filings. Without further detail, it's unclear how the organization maintains its operational continuity and leadership structure.
With no breakdown of program, administrative, or fundraising expenses, how can donors assess the efficiency and impact of their contributions?
Without a functional expense breakdown, donors cannot determine what percentage of their contributions directly supports programs versus administrative overhead or fundraising efforts. This lack of transparency makes it extremely difficult to evaluate the organization's financial efficiency and the direct impact of donations.
Filing History
IRS 990 filing history for Connecticut Choral Artists Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Connecticut Choral Artists Inc's revenue has grown by 1.1%, moving from $237K to $239K. Total assets increased by 170.8% over the same period, from $50K to $136K. Total functional expenses fell by 7.3%, from $225K to $209K. In its most recent filing year (2023), Connecticut Choral Artists Inc reported a surplus of $31K, with revenue exceeding expenses. The organization holds $2K in liabilities against $136K in assets (debt-to-asset ratio: 1.5%), resulting in net assets of $134K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $239K | $209K | $136K | $2K | — | View 990 |
| 2022 | $190K | $186K | $107K | $4K | — | View 990 |
| 2021 | $150K | $113K | $100K | $32K | — | View 990 |
| 2020 | $205K | $214K | $67K | $36K | — | View 990 |
| 2019 | $236K | $250K | $61K | $21K | — | View 990 |
| 2018 | $274K | $254K | $72K | $17K | — | View 990 |
| 2017 | $296K | $271K | $51K | $17K | — | View 990 |
| 2016 | $265K | $296K | $28K | $17K | — | View 990 |
| 2015 | $284K | $288K | $71K | $19K | — | View 990 |
| 2014 | $377K | $351K | $64K | $8K | — | View 990 |
| 2013 | $264K | $263K | $72K | $43K | — | View 990 |
| 2012 | $274K | $268K | $69K | $41K | — | View 990 |
| 2011 | $237K | $225K | $50K | $28K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $239K, expenses of $209K, and assets of $136K (revenue +25.8% year-over-year).
- 2022: Revenue of $190K, expenses of $186K, and assets of $107K (revenue +26.9% year-over-year).
- 2021: Revenue of $150K, expenses of $113K, and assets of $100K (revenue -26.7% year-over-year).
- 2020: Revenue of $205K, expenses of $214K, and assets of $67K (revenue -13.2% year-over-year).
- 2019: Revenue of $236K, expenses of $250K, and assets of $61K (revenue -14.0% year-over-year).
- 2018: Revenue of $274K, expenses of $254K, and assets of $72K (revenue -7.3% year-over-year).
- 2017: Revenue of $296K, expenses of $271K, and assets of $51K (revenue +11.6% year-over-year).
- 2016: Revenue of $265K, expenses of $296K, and assets of $28K (revenue -6.8% year-over-year).
- 2015: Revenue of $284K, expenses of $288K, and assets of $71K (revenue -24.6% year-over-year).
- 2014: Revenue of $377K, expenses of $351K, and assets of $64K (revenue +42.9% year-over-year).
- 2013: Revenue of $264K, expenses of $263K, and assets of $72K (revenue -3.6% year-over-year).
- 2012: Revenue of $274K, expenses of $268K, and assets of $69K (revenue +15.6% year-over-year).
- 2011: Revenue of $237K, expenses of $225K, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Connecticut Choral Artists Inc:
Data Sources and Methodology
This transparency report for Connecticut Choral Artists 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.