Fort Collins Musicians Association
EIN: 262666344 · Fort Collins, CO · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $518K |
| Total Expenses | $396K |
| Net Assets | $155K |
Is Fort Collins Musicians Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fort Collins Musicians Association
Fort Collins Musicians Association (EIN: 262666344) is a nonprofit organization based in Fort Collins, CO, classified under NTEE code A68. The organization reported total revenue of $518K and total assets of $180K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fort Collins Musicians Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fort Collins Musicians Association is a small nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $439K |
| Total Expenses | $396K |
| Surplus / Deficit | +$43K |
| Total Assets | $158K |
| Total Liabilities | $3K |
| Net Assets | $155K |
| Operating Margin | 9.7% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 4.8 months |
Financial Health Grade: A
In 2023, Fort Collins Musicians Association reported a surplus of $43K with revenue exceeding expenses, holds 4.8 months of operating reserves (adequate), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Fort Collins Musicians Association's revenue has grown at a compound annual growth rate (CAGR) of 15.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.2% | +38.1% | +40.5% |
| 2022 | +447.7% | +197.0% | +230.2% |
| 2021 | -50.0% | -38.2% | -46.8% |
| 2020 | -45.9% | -31.9% | -28.1% |
| 2019 | +34.3% | +56.2% | +22.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fort Collins Musicians 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 Fort Collins Musicians 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 surplus of $43K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Fort Collins Musicians Association
Is Fort Collins Musicians Association a legitimate charity?
Fort Collins Musicians Association (EIN: 262666344) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $518K. No red flags identified. Financial health grade: A.
How does Fort Collins Musicians Association spend its money?
Fort Collins Musicians Association reported $518K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Fort Collins Musicians Association tax-deductible?
Fort Collins Musicians Association is registered as a tax-exempt nonprofit (EIN: 262666344). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fort Collins Musicians Association located?
Fort Collins Musicians Association is headquartered in Fort Collins, Colorado and files with the IRS under EIN 262666344. It is classified under NTEE code A68.
How many years of IRS 990 filings does Fort Collins Musicians Association have?
Fort Collins Musicians 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 $518K in total revenue.
Filing History
IRS 990 filing history for Fort Collins Musicians Association showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Fort Collins Musicians Association's revenue has grown by 454.6%, moving from $79K to $439K. Total assets increased by 571.3% over the same period, from $24K to $158K. Total functional expenses rose by 528.7%, from $63K to $396K. In its most recent filing year (2023), Fort Collins Musicians Association reported a surplus of $43K, with revenue exceeding expenses. The organization holds $3K in liabilities against $158K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $155K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $439K | $396K | $158K | $3K | — | — |
| 2022 | $365K | $287K | $112K | $0 | — | View 990 |
| 2021 | $67K | $97K | $34K | $0 | — | View 990 |
| 2020 | $133K | $156K | $64K | $42 | — | View 990 |
| 2019 | $246K | $229K | $89K | $2K | — | View 990 |
| 2018 | $183K | $147K | $73K | $3K | — | View 990 |
| 2017 | $84K | $94K | $34K | $0 | — | View 990 |
| 2016 | $98K | $94K | $43K | $0 | — | View 990 |
| 2015 | $99K | $88K | $40K | $0 | — | View 990 |
| 2014 | $77K | $103K | $28K | $0 | — | View 990 |
| 2013 | $102K | $90K | $54K | $0 | — | View 990 |
| 2012 | $92K | $72K | $43K | $0 | — | View 990 |
| 2011 | $79K | $63K | $24K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $439K, expenses of $396K, and assets of $158K (revenue +20.2% year-over-year).
- 2022: Revenue of $365K, expenses of $287K, and assets of $112K (revenue +447.7% year-over-year).
- 2021: Revenue of $67K, expenses of $97K, and assets of $34K (revenue -50.0% year-over-year).
- 2020: Revenue of $133K, expenses of $156K, and assets of $64K (revenue -45.9% year-over-year).
- 2019: Revenue of $246K, expenses of $229K, and assets of $89K (revenue +34.3% year-over-year).
- 2018: Revenue of $183K, expenses of $147K, and assets of $73K (revenue +117.1% year-over-year).
- 2017: Revenue of $84K, expenses of $94K, and assets of $34K (revenue -13.6% year-over-year).
- 2016: Revenue of $98K, expenses of $94K, and assets of $43K (revenue -1.2% year-over-year).
- 2015: Revenue of $99K, expenses of $88K, and assets of $40K (revenue +29.1% year-over-year).
- 2014: Revenue of $77K, expenses of $103K, and assets of $28K (revenue -25.0% year-over-year).
- 2013: Revenue of $102K, expenses of $90K, and assets of $54K (revenue +11.4% year-over-year).
- 2012: Revenue of $92K, expenses of $72K, and assets of $43K (revenue +15.9% year-over-year).
- 2011: Revenue of $79K, expenses of $63K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fort Collins Musicians Association:
Data Sources and Methodology
This transparency report for Fort Collins Musicians 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.