Delaware Chamber Music Festival Incorporated
EIN: 510311626 · Newark, DE
| Metric | Value |
|---|---|
| Total Revenue | $1K |
| Total Expenses | $24K |
| Net Assets | $1 |
Is Delaware Chamber Music Festival Incorporated Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Delaware Chamber Music Festival Incorporated
Delaware Chamber Music Festival Incorporated (EIN: 510311626) is a nonprofit organization based in Newark, DE. The organization reported total revenue of $1K and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Chamber Music Festival Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Chamber Music Festival Incorporated is a micro nonprofit that has been operating for 38 years, with 8 years of IRS 990 filings on record (2011–2018). Revenue has grown at a compound annual rate of -38.7%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $24K |
| Surplus / Deficit | $-22,424 |
| Total Assets | $1 |
| Net Assets | $1 |
| Operating Margin | -1696.2% |
| Months of Reserves | 0.0 months |
Financial Health Grade: C
In 2018, Delaware Chamber Music Festival Incorporated reported a deficit of $22K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited).
Financial Trends
Over 8 years of filings (2011–2018), Delaware Chamber Music Festival Incorporated's revenue has declined at a compound annual growth rate (CAGR) of -38.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | -96.0% | -35.7% | -100.0% |
| 2017 | -3.4% | -9.7% | -15.2% |
| 2016 | -37.4% | -3.1% | -22.2% |
| 2015 | +41.9% | +2.7% | +56.4% |
| 2014 | -16.7% | -1.8% | -7.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1988 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Delaware Chamber Music Festival Incorporated 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 Delaware Chamber Music Festival Incorporated 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $22K, with expenses exceeding revenue.
Frequently Asked Questions about Delaware Chamber Music Festival Incorporated
Is Delaware Chamber Music Festival Incorporated a legitimate charity?
Delaware Chamber Music Festival Incorporated (EIN: 510311626) is a registered tax-exempt nonprofit based in Delaware. It has 8 years of IRS 990 filings on record. Total revenue: $1K. No red flags identified. Financial health grade: C.
How does Delaware Chamber Music Festival Incorporated spend its money?
Delaware Chamber Music Festival Incorporated reported $1K in total revenue in IRS 990 filings. 8 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Delaware Chamber Music Festival Incorporated tax-deductible?
Delaware Chamber Music Festival Incorporated is registered as a tax-exempt nonprofit (EIN: 510311626). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Delaware Chamber Music Festival Incorporated located?
Delaware Chamber Music Festival Incorporated is headquartered in Newark, Delaware and files with the IRS under EIN 510311626.
How many years of IRS 990 filings does Delaware Chamber Music Festival Incorporated have?
Delaware Chamber Music Festival Incorporated has 8 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 $1K in total revenue.
Filing History
IRS 990 filing history for Delaware Chamber Music Festival Incorporated showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2018), Delaware Chamber Music Festival Incorporated's revenue has declined by 96.7%, moving from $41K to $1K. Total assets decreased by 100% over the same period, from $13K to $1. Total functional expenses fell by 50.9%, from $48K to $24K. In its most recent filing year (2018), Delaware Chamber Music Festival Incorporated reported a deficit of $22K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $1K | $24K | $1 | $0 | — | View 990 |
| 2017 | $33K | $37K | $22K | $0 | — | View 990 |
| 2016 | $34K | $41K | $26K | $0 | — | View 990 |
| 2015 | $54K | $42K | $34K | $-258 | — | View 990 |
| 2014 | $38K | $41K | $22K | $0 | — | View 990 |
| 2013 | $46K | $42K | $23K | $150 | — | View 990 |
| 2012 | $52K | $41K | $20K | $0 | — | View 990 |
| 2011 | $41K | $48K | $13K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2018: Revenue of $1K, expenses of $24K, and assets of $1 (revenue -96.0% year-over-year).
- 2017: Revenue of $33K, expenses of $37K, and assets of $22K (revenue -3.4% year-over-year).
- 2016: Revenue of $34K, expenses of $41K, and assets of $26K (revenue -37.4% year-over-year).
- 2015: Revenue of $54K, expenses of $42K, and assets of $34K (revenue +41.9% year-over-year).
- 2014: Revenue of $38K, expenses of $41K, and assets of $22K (revenue -16.7% year-over-year).
- 2013: Revenue of $46K, expenses of $42K, and assets of $23K (revenue -12.0% year-over-year).
- 2012: Revenue of $52K, expenses of $41K, and assets of $20K (revenue +28.8% year-over-year).
- 2011: Revenue of $41K, expenses of $48K, and assets of $13K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Chamber Music Festival Incorporated:
Data Sources and Methodology
This transparency report for Delaware Chamber Music Festival Incorporated 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.