Duluth Superior Symphony Association
EIN: 410760835 · Duluth, MN · NTEE: A690
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Net Assets | $-116,050 |
Is Duluth Superior Symphony Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Duluth Superior Symphony Association
Duluth Superior Symphony Association (EIN: 410760835) is a nonprofit organization based in Duluth, MN, classified under NTEE code A690. The organization reported total revenue of $1.2M and total assets of $377K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Duluth Superior Symphony Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Duluth Superior Symphony Association is a mid-size nonprofit that has been operating for 82 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-128,635 |
| Total Assets | $400K |
| Total Liabilities | $516K |
| Net Assets | $-116,050 |
| Operating Margin | -10.7% |
| Debt-to-Asset Ratio | 129.0% |
| Months of Reserves | 3.6 months |
Financial Health Grade: C
In 2023, Duluth Superior Symphony Association reported a deficit of $129K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 129.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Duluth Superior Symphony Association's revenue has declined at a compound annual growth rate (CAGR) of -2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.6% | +12.8% | -1.7% |
| 2022 | +58.6% | +27.8% | -78.1% |
| 2021 | -8.4% | -11.0% | +18.2% |
| 2020 | -5.1% | -19.3% | -11.9% |
| 2019 | -29.8% | -2.8% | -11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1944 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Duluth Superior Symphony Association 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 Duluth Superior Symphony Association 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 $129K, with expenses exceeding revenue.
- Debt-to-asset ratio: 129.0%.
Frequently Asked Questions about Duluth Superior Symphony Association
Is Duluth Superior Symphony Association a legitimate charity?
Duluth Superior Symphony Association (EIN: 410760835) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: C.
How does Duluth Superior Symphony Association spend its money?
Duluth Superior Symphony Association reported $1.2M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Duluth Superior Symphony Association tax-deductible?
Duluth Superior Symphony Association is registered as a tax-exempt nonprofit (EIN: 410760835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Duluth Superior Symphony Association located?
Duluth Superior Symphony Association is headquartered in Duluth, Minnesota and files with the IRS under EIN 410760835. It is classified under NTEE code A690.
How many years of IRS 990 filings does Duluth Superior Symphony Association have?
Duluth Superior Symphony Association 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Duluth Superior Symphony Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Duluth Superior Symphony Association's revenue has declined by 29.6%, moving from $1.7M to $1.2M. Total assets decreased by 87.1% over the same period, from $3.1M to $400K. Total functional expenses fell by 26.5%, from $1.8M to $1.3M. In its most recent filing year (2023), Duluth Superior Symphony Association reported a deficit of $129K, with expenses exceeding revenue. The organization holds $516K in liabilities against $400K in assets (debt-to-asset ratio: 129.0%), resulting in net assets of $-116,050.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.3M | $400K | $516K | — | View 990 |
| 2022 | $1.3M | $1.2M | $407K | $404K | — | View 990 |
| 2021 | $795K | $925K | $1.9M | $541K | — | — |
| 2020 | $868K | $1.0M | $1.6M | $401K | — | View 990 |
| 2019 | $915K | $1.3M | $1.8M | $346K | — | View 990 |
| 2018 | $1.3M | $1.3M | $2.0M | $206K | — | View 990 |
| 2017 | $1.7M | $1.4M | $2.0M | $223K | — | View 990 |
| 2016 | $1.3M | $1.4M | $1.9M | $392K | — | View 990 |
| 2015 | $1.4M | $1.4M | $2.1M | $235K | — | View 990 |
| 2014 | $1.1M | $1.3M | $2.2M | $248K | — | View 990 |
| 2013 | $1.5M | $1.5M | $2.5M | $423K | — | View 990 |
| 2012 | $1.4M | $1.7M | $2.6M | $436K | — | View 990 |
| 2011 | $1.7M | $1.8M | $3.1M | $431K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.3M, and assets of $400K (revenue -4.6% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $407K (revenue +58.6% year-over-year).
- 2021: Revenue of $795K, expenses of $925K, and assets of $1.9M (revenue -8.4% year-over-year).
- 2020: Revenue of $868K, expenses of $1.0M, and assets of $1.6M (revenue -5.1% year-over-year).
- 2019: Revenue of $915K, expenses of $1.3M, and assets of $1.8M (revenue -29.8% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.3M, and assets of $2.0M (revenue -24.3% year-over-year).
- 2017: Revenue of $1.7M, expenses of $1.4M, and assets of $2.0M (revenue +31.0% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $1.9M (revenue -4.4% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.4M, and assets of $2.1M (revenue +23.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.3M, and assets of $2.2M (revenue -23.7% year-over-year).
- 2013: Revenue of $1.5M, expenses of $1.5M, and assets of $2.5M (revenue +4.2% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.7M, and assets of $2.6M (revenue -17.9% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.8M, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Duluth Superior Symphony Association:
Data Sources and Methodology
This transparency report for Duluth Superior Symphony Association 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.