Gateway Chamber Orchestra
EIN: 455592079 · Clarksville, TN · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $136K |
| Total Expenses | $173K |
| Net Assets | $-77,468 |
Is Gateway Chamber Orchestra Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Gateway Chamber Orchestra
Gateway Chamber Orchestra (EIN: 455592079) is a nonprofit organization based in Clarksville, TN, classified under NTEE code A60. The organization reported total revenue of $136K and total assets of $49K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Gateway Chamber Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Gateway Chamber Orchestra is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of 4.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $149K |
| Total Expenses | $173K |
| Surplus / Deficit | $-23,769 |
| Total Assets | $3K |
| Total Liabilities | $80K |
| Net Assets | $-77,468 |
| Operating Margin | -15.9% |
| Debt-to-Asset Ratio | 2928.3% |
| Months of Reserves | 0.2 months |
Financial Health Grade: D
In 2024, Gateway Chamber Orchestra reported a deficit of $24K with expenses exceeding revenue, holds 0.2 months of operating reserves (limited), has a debt-to-asset ratio of 2928.3% (high leverage).
Financial Trends
Over 11 years of filings (2014–2024), Gateway Chamber Orchestra's revenue has grown at a compound annual growth rate (CAGR) of 4.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -42.6% | -29.5% | -93.2% |
| 2023 | +51.3% | +67.2% | +45.8% |
| 2022 | +43.9% | -20.0% | +623.3% |
| 2021 | -21.9% | +36.5% | -95.7% |
| 2020 | -14.8% | -30.7% | +5998.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Gateway Chamber 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 Gateway Chamber 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $24K, with expenses exceeding revenue.
- Debt-to-asset ratio: 2928.3%.
Frequently Asked Questions about Gateway Chamber Orchestra
Is Gateway Chamber Orchestra a legitimate charity?
Based on AI analysis of IRS 990 filings, Gateway Chamber Orchestra (EIN: 455592079) insufficient data. 0 red flags identified, 0 strengths noted.
How does Gateway Chamber Orchestra spend its money?
Detailed spending breakdown data is not yet available for Gateway Chamber Orchestra. Check back for updated IRS 990 analysis.
Are donations to Gateway Chamber Orchestra tax-deductible?
Gateway Chamber Orchestra is registered as a tax-exempt nonprofit (EIN: 455592079). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Gateway Chamber Orchestra located?
Gateway Chamber Orchestra is headquartered in Clarksville, Tennessee and files with the IRS under EIN 455592079. It is classified under NTEE code A60.
How many years of IRS 990 filings does Gateway Chamber Orchestra have?
Gateway Chamber Orchestra has 11 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 $136K in total revenue.
Filing History
IRS 990 filing history for Gateway Chamber Orchestra showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2014–2024), Gateway Chamber Orchestra's revenue has grown by 48.8%, moving from $100K to $149K. Total assets increased by 89.3% over the same period, from $1K to $3K. Total functional expenses rose by 75%, from $99K to $173K. In its most recent filing year (2024), Gateway Chamber Orchestra reported a deficit of $24K, with expenses exceeding revenue. The organization holds $80K in liabilities against $3K in assets (debt-to-asset ratio: 2928.3%), resulting in net assets of $-77,468.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $149K | $173K | $3K | $80K | — | — |
| 2023 | $260K | $245K | $41K | $73K | — | View 990 |
| 2022 | $172K | $147K | $28K | $75K | — | View 990 |
| 2021 | $119K | $183K | $4K | $76K | — | — |
| 2020 | $153K | $134K | $90K | $98K | — | View 990 |
| 2019 | $179K | $194K | $1K | $28K | — | View 990 |
| 2018 | $174K | $177K | $11K | $22K | — | — |
| 2017 | $153K | $148K | $6K | $14K | — | View 990 |
| 2016 | $126K | $148K | $8K | $21K | — | View 990 |
| 2015 | $115K | $107K | $10K | $0 | — | View 990 |
| 2014 | $100K | $99K | $1K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $149K, expenses of $173K, and assets of $3K (revenue -42.6% year-over-year).
- 2023: Revenue of $260K, expenses of $245K, and assets of $41K (revenue +51.3% year-over-year).
- 2022: Revenue of $172K, expenses of $147K, and assets of $28K (revenue +43.9% year-over-year).
- 2021: Revenue of $119K, expenses of $183K, and assets of $4K (revenue -21.9% year-over-year).
- 2020: Revenue of $153K, expenses of $134K, and assets of $90K (revenue -14.8% year-over-year).
- 2019: Revenue of $179K, expenses of $194K, and assets of $1K (revenue +3.3% year-over-year).
- 2018: Revenue of $174K, expenses of $177K, and assets of $11K (revenue +13.3% year-over-year).
- 2017: Revenue of $153K, expenses of $148K, and assets of $6K (revenue +21.8% year-over-year).
- 2016: Revenue of $126K, expenses of $148K, and assets of $8K (revenue +8.9% year-over-year).
- 2015: Revenue of $115K, expenses of $107K, and assets of $10K (revenue +15.2% year-over-year).
- 2014: Revenue of $100K, expenses of $99K, and assets of $1K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Gateway Chamber Orchestra:
Data Sources and Methodology
This transparency report for Gateway Chamber 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.