Fredericksburg Symphony Orchestra
EIN: 372006304 · Spotsylvania, VA · NTEE: A69
| Metric | Value |
|---|---|
| Total Revenue | $357K |
| Total Expenses | $318K |
| Net Assets | $43K |
Is Fredericksburg Symphony Orchestra Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Fredericksburg Symphony Orchestra
Fredericksburg Symphony Orchestra (EIN: 372006304) is a nonprofit organization based in Spotsylvania, VA, classified under NTEE code A69. The organization reported total revenue of $357K and total assets of $69K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fredericksburg Symphony Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fredericksburg Symphony Orchestra is a small nonprofit that has been operating for 5 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 51.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $352K |
| Total Expenses | $318K |
| Surplus / Deficit | +$34K |
| Total Assets | $44K |
| Total Liabilities | $1K |
| Net Assets | $43K |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 1.7 months |
Financial Health Grade: A
In 2023, Fredericksburg Symphony Orchestra reported a surplus of $34K with revenue exceeding expenses, holds 1.7 months of operating reserves (limited), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Fredericksburg Symphony Orchestra's revenue has grown at a compound annual growth rate (CAGR) of 51.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +51.9% | +43.2% | +137.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Fredericksburg Symphony Orchestra 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 Fredericksburg Symphony Orchestra 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 $34K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.2%.
Frequently Asked Questions about Fredericksburg Symphony Orchestra
Is Fredericksburg Symphony Orchestra a legitimate charity?
Based on AI analysis of IRS 990 filings, Fredericksburg Symphony Orchestra (EIN: 372006304) insufficient data. 0 red flags identified, 0 strengths noted.
How does Fredericksburg Symphony Orchestra spend its money?
Detailed spending breakdown data is not yet available for Fredericksburg Symphony Orchestra. Check back for updated IRS 990 analysis.
Are donations to Fredericksburg Symphony Orchestra tax-deductible?
Fredericksburg Symphony Orchestra is registered as a tax-exempt nonprofit (EIN: 372006304). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Fredericksburg Symphony Orchestra located?
Fredericksburg Symphony Orchestra is headquartered in Spotsylvania, Virginia and files with the IRS under EIN 372006304. It is classified under NTEE code A69.
How many years of IRS 990 filings does Fredericksburg Symphony Orchestra have?
Fredericksburg Symphony Orchestra 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 $357K in total revenue.
Filing History
IRS 990 filing history for Fredericksburg Symphony Orchestra showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Fredericksburg Symphony Orchestra's revenue has grown by 51.9%, moving from $232K to $352K. Total assets increased by 137.8% over the same period, from $19K to $44K. Total functional expenses rose by 43.2%, from $222K to $318K. In its most recent filing year (2023), Fredericksburg Symphony Orchestra reported a surplus of $34K, with revenue exceeding expenses. The organization holds $1K in liabilities against $44K in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $352K | $318K | $44K | $1K | — | View 990 |
| 2022 | $232K | $222K | $19K | $9K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fredericksburg Symphony Orchestra:
Data Sources and Methodology
This transparency report for Fredericksburg Symphony Orchestra 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.