Give Music Inc
EIN: 43468467 · Springfield, MA · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $431K |
| Total Expenses | $234K |
| Net Assets | $328K |
Is Give Music Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Give Music Inc
Give Music Inc (EIN: 43468467) is a nonprofit organization based in Springfield, MA, classified under NTEE code A20. The organization reported total revenue of $431K and total assets of $139K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Give Music Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Give Music Inc is a small nonprofit that has been operating for 5 years, with 8 years of IRS 990 filings on record (2016–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $356K |
| Total Expenses | $234K |
| Surplus / Deficit | +$121K |
| Total Assets | $279K |
| Net Assets | $328K |
| Operating Margin | 34.2% |
| Months of Reserves | 14.3 months |
Financial Health Grade: A
In 2024, Give Music Inc reported a surplus of $121K with revenue exceeding expenses, holds 14.3 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +5.9% | +49.2% | +56.5% |
| 2023 | +342.7% | +263.3% | +408.7% |
| 2020 | -100.0% | -51.8% | +333.3% |
| 2019 | -39.4% | -33.0% | +50.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Give Music Inc 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 Give Music Inc 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 surplus of $121K, with revenue exceeding expenses.
Frequently Asked Questions about Give Music Inc
Is Give Music Inc a legitimate charity?
Give Music Inc (EIN: 43468467) is a registered tax-exempt nonprofit based in Massachusetts. It has 8 years of IRS 990 filings on record. Total revenue: $431K. No red flags identified. Financial health grade: A.
How does Give Music Inc spend its money?
Give Music Inc reported $431K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Give Music Inc tax-deductible?
Give Music Inc is registered as a tax-exempt nonprofit (EIN: 43468467). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Give Music Inc located?
Give Music Inc is headquartered in Springfield, Massachusetts and files with the IRS under EIN 43468467. It is classified under NTEE code A20.
How many years of IRS 990 filings does Give Music Inc have?
Give Music Inc has 8 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 $431K in total revenue.
Filing History
IRS 990 filing history for Give Music Inc showing financial trends over 8 years of public records:
Total assets increased by 27874600% over the same period, from $1 to $279K. In its most recent filing year (2024), Give Music Inc reported a surplus of $121K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $356K | $234K | $279K | $-49,717 | — | — |
| 2023 | $336K | $157K | $178K | $-28,847 | — | View 990 |
| 2022 | $76K | $43K | $35K | $0 | — | View 990 |
| 2020 | $0 | $5K | $26 | $0 | — | View 990 |
| 2019 | $9K | $11K | $6 | $0 | — | — |
| 2018 | $15K | $16K | $4 | $0 | — | — |
| 2017 | $0 | $0 | $1 | $0 | — | — |
| 2016 | $0 | $0 | $1 | $0 | — | — |
Year-by-Year Financial Summary
- 2024: Revenue of $356K, expenses of $234K, and assets of $279K (revenue +5.9% year-over-year).
- 2023: Revenue of $336K, expenses of $157K, and assets of $178K (revenue +342.7% year-over-year).
- 2022: Revenue of $76K, expenses of $43K, and assets of $35K.
- 2020: Revenue of $0, expenses of $5K, and assets of $26 (revenue -100.0% year-over-year).
- 2019: Revenue of $9K, expenses of $11K, and assets of $6 (revenue -39.4% year-over-year).
- 2018: Revenue of $15K, expenses of $16K, and assets of $4.
- 2017: Revenue of $0, expenses of $0, and assets of $1.
- 2016: Revenue of $0, expenses of $0, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Give Music Inc:
Data Sources and Methodology
This transparency report for Give Music Inc 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.