Eugene Symphony Foundation
EIN: 871426618 · Eugene, OR · NTEE: A11
| Metric | Value |
|---|---|
| Total Revenue | $277K |
| Total Expenses | $483K |
| Net Assets | $7.6M |
Is Eugene Symphony Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Eugene Symphony Foundation
Eugene Symphony Foundation (EIN: 871426618) is a nonprofit organization based in Eugene, OR, classified under NTEE code A11. The organization reported total revenue of $277K and total assets of $7.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eugene Symphony Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eugene Symphony Foundation is a small nonprofit that has been operating for 4 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $231K |
| Total Expenses | $483K |
| Surplus / Deficit | $-252,363 |
| Total Assets | $7.6M |
| Net Assets | $7.6M |
| Operating Margin | -109.2% |
| Months of Reserves | 189.9 months |
Financial Health Grade: B
In 2023, Eugene Symphony Foundation reported a deficit of $252K with expenses exceeding revenue, holds 189.9 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Eugene Symphony Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -8.7% | +60.2% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Eugene Symphony Foundation 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 Eugene Symphony Foundation 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 $252K, with expenses exceeding revenue.
Frequently Asked Questions about Eugene Symphony Foundation
Is Eugene Symphony Foundation a legitimate charity?
Eugene Symphony Foundation (EIN: 871426618) is a registered tax-exempt nonprofit based in Oregon. It has 2 years of IRS 990 filings on record. Total revenue: $277K. No red flags identified. Financial health grade: B.
How does Eugene Symphony Foundation spend its money?
Eugene Symphony Foundation reported $277K in total revenue in IRS 990 filings. 2 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Eugene Symphony Foundation tax-deductible?
Eugene Symphony Foundation is registered as a tax-exempt nonprofit (EIN: 871426618). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Eugene Symphony Foundation located?
Eugene Symphony Foundation is headquartered in Eugene, Oregon and files with the IRS under EIN 871426618. It is classified under NTEE code A11.
How many years of IRS 990 filings does Eugene Symphony Foundation have?
Eugene Symphony Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $277K in total revenue.
Filing History
IRS 990 filing history for Eugene Symphony Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Eugene Symphony Foundation's revenue has declined by 8.7%, moving from $253K to $231K. Total assets increased by 4.4% over the same period, from $7.3M to $7.6M. Total functional expenses rose by 60.2%, from $302K to $483K. In its most recent filing year (2023), Eugene Symphony Foundation reported a deficit of $252K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $231K | $483K | $7.6M | $0 | — | — |
| 2022 | $253K | $302K | $7.3M | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eugene Symphony Foundation:
Data Sources and Methodology
This transparency report for Eugene Symphony Foundation 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.