Early Music Associates Inc
EIN: 351857772 · Bloomington, IN · NTEE: Z99Z
| Metric | Value |
|---|---|
| Total Revenue | $143K |
| Total Expenses | $149K |
| Net Assets | $85K |
Is Early Music Associates Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Early Music Associates Inc
Early Music Associates Inc (EIN: 351857772) is a nonprofit organization based in Bloomington, IN, classified under NTEE code Z99Z. The organization reported total revenue of $143K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Early Music Associates Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Early Music Associates Inc is a small nonprofit that has been operating for 33 years, with 6 years of IRS 990 filings on record (2019–2024). Revenue has grown at a compound annual rate of 14.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $149K |
| Surplus / Deficit | $-32 |
| Total Assets | $85K |
| Net Assets | $85K |
| Operating Margin | -0.0% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2024, Early Music Associates Inc reported a deficit of $32 with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2019–2024), Early Music Associates Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -19.7% | -9.3% | +-0.0% |
| 2023 | +66.2% | +48.4% | +42.1% |
| 2022 | +35.1% | +51.6% | +1.5% |
| 2021 | +6.1% | +31.5% | +19.4% |
| 2020 | +2.4% | -19.1% | +30.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Early Music Associates Inc 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 Early Music Associates Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $32, with expenses exceeding revenue.
Frequently Asked Questions about Early Music Associates Inc
Is Early Music Associates Inc a legitimate charity?
Early Music Associates Inc (EIN: 351857772) is a registered tax-exempt nonprofit based in Indiana. It has 6 years of IRS 990 filings on record. Total revenue: $143K. No red flags identified. Financial health grade: B.
How does Early Music Associates Inc spend its money?
Early Music Associates Inc reported $143K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Early Music Associates Inc tax-deductible?
Early Music Associates Inc is registered as a tax-exempt nonprofit (EIN: 351857772). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Early Music Associates Inc located?
Early Music Associates Inc is headquartered in Bloomington, Indiana and files with the IRS under EIN 351857772. It is classified under NTEE code Z99Z.
How many years of IRS 990 filings does Early Music Associates Inc have?
Early Music Associates Inc has 6 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 $143K in total revenue.
Filing History
IRS 990 filing history for Early Music Associates Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2019–2024), Early Music Associates Inc's revenue has grown by 95.8%, moving from $76K to $149K. Total assets increased by 125.5% over the same period, from $38K to $85K. Total functional expenses rose by 117.1%, from $69K to $149K. In its most recent filing year (2024), Early Music Associates Inc reported a deficit of $32, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $149K | $149K | $85K | $0 | — | — |
| 2023 | $185K | $164K | $85K | $0 | — | View 990 |
| 2022 | $111K | $111K | $60K | $0 | — | View 990 |
| 2021 | $83K | $73K | $59K | $0 | — | — |
| 2020 | $78K | $55K | $50K | $0 | — | View 990 |
| 2019 | $76K | $69K | $38K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $149K, expenses of $149K, and assets of $85K (revenue -19.7% year-over-year).
- 2023: Revenue of $185K, expenses of $164K, and assets of $85K (revenue +66.2% year-over-year).
- 2022: Revenue of $111K, expenses of $111K, and assets of $60K (revenue +35.1% year-over-year).
- 2021: Revenue of $83K, expenses of $73K, and assets of $59K (revenue +6.1% year-over-year).
- 2020: Revenue of $78K, expenses of $55K, and assets of $50K (revenue +2.4% year-over-year).
- 2019: Revenue of $76K, expenses of $69K, and assets of $38K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Early Music Associates Inc:
Data Sources and Methodology
This transparency report for Early Music Associates 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.