Emerald City Music
EIN: 474275662 · Seattle, WA · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $478K |
| Total Expenses | $468K |
| Net Assets | $39K |
Is Emerald City Music Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Emerald City Music
Emerald City Music (EIN: 474275662) is a nonprofit organization based in Seattle, WA, classified under NTEE code A60. The organization reported total revenue of $478K and total assets of $89K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Emerald City Music's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Emerald City Music is a small nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 21.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $430K |
| Total Expenses | $468K |
| Surplus / Deficit | $-38,684 |
| Total Assets | $39K |
| Net Assets | $39K |
| Operating Margin | -9.0% |
| Months of Reserves | 1.0 months |
Financial Health Grade: C
In 2023, Emerald City Music reported a deficit of $39K with expenses exceeding revenue, holds 1.0 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2018–2023), Emerald City Music's revenue has grown at a compound annual growth rate (CAGR) of 21.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.3% | +26.9% | -49.6% |
| 2022 | +65.4% | +73.9% | -3.7% |
| 2021 | -11.2% | +3.6% | +12.6% |
| 2020 | +19.0% | +0.5% | +163.0% |
| 2019 | +27.1% | +32.9% | +27.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Emerald City Music 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 Emerald City Music 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 $39K, with expenses exceeding revenue.
Frequently Asked Questions about Emerald City Music
Is Emerald City Music a legitimate charity?
Based on AI analysis of IRS 990 filings, Emerald City Music (EIN: 474275662) insufficient data. 0 red flags identified, 0 strengths noted.
How does Emerald City Music spend its money?
Detailed spending breakdown data is not yet available for Emerald City Music. Check back for updated IRS 990 analysis.
Are donations to Emerald City Music tax-deductible?
Emerald City Music is registered as a tax-exempt nonprofit (EIN: 474275662). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Emerald City Music located?
Emerald City Music is headquartered in Seattle, Washington and files with the IRS under EIN 474275662. It is classified under NTEE code A60.
How many years of IRS 990 filings does Emerald City Music have?
Emerald City Music 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 $478K in total revenue.
Filing History
IRS 990 filing history for Emerald City Music showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Emerald City Music's revenue has grown by 160.6%, moving from $165K to $430K. Total assets increased by 82.7% over the same period, from $22K to $39K. Total functional expenses rose by 205.3%, from $153K to $468K. In its most recent filing year (2023), Emerald City Music reported a deficit of $39K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $430K | $468K | $39K | $0 | — | — |
| 2022 | $366K | $369K | $78K | $0 | — | View 990 |
| 2021 | $221K | $212K | $81K | $0 | — | — |
| 2020 | $249K | $205K | $72K | $0 | — | View 990 |
| 2019 | $210K | $204K | $27K | $0 | — | View 990 |
| 2018 | $165K | $153K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $430K, expenses of $468K, and assets of $39K (revenue +17.3% year-over-year).
- 2022: Revenue of $366K, expenses of $369K, and assets of $78K (revenue +65.4% year-over-year).
- 2021: Revenue of $221K, expenses of $212K, and assets of $81K (revenue -11.2% year-over-year).
- 2020: Revenue of $249K, expenses of $205K, and assets of $72K (revenue +19.0% year-over-year).
- 2019: Revenue of $210K, expenses of $204K, and assets of $27K (revenue +27.1% year-over-year).
- 2018: Revenue of $165K, expenses of $153K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Emerald City Music:
Data Sources and Methodology
This transparency report for Emerald City Music 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.