Greater New Orleans Youth Orchestra
EIN: 721317229 · New Orleans, LA · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $105K |
| Total Expenses | $193K |
| Net Assets | $-72,874 |
Is Greater New Orleans Youth Orchestra Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Greater New Orleans Youth Orchestra
Greater New Orleans Youth Orchestra (EIN: 721317229) is a nonprofit organization based in New Orleans, LA, classified under NTEE code A68. The organization reported total revenue of $105K and total assets of $123K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater New Orleans Youth Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater New Orleans Youth Orchestra is a small nonprofit that has been operating for 2 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -11.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $193K |
| Surplus / Deficit | $-77,808 |
| Total Assets | $132K |
| Total Liabilities | $205K |
| Net Assets | $-72,874 |
| Operating Margin | -67.3% |
| Debt-to-Asset Ratio | 155.3% |
| Months of Reserves | 8.2 months |
Financial Health Grade: C
In 2023, Greater New Orleans Youth Orchestra reported a deficit of $78K with expenses exceeding revenue, holds 8.2 months of operating reserves (strong position), has a debt-to-asset ratio of 155.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater New Orleans Youth Orchestra's revenue has declined at a compound annual growth rate (CAGR) of -11.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.8% | +4.1% | -37.3% |
| 2022 | -29.3% | -22.0% | -28.6% |
| 2021 | -65.5% | -17.5% | -24.5% |
| 2020 | +107.0% | +24.1% | +243.1% |
| 2019 | +1.8% | -1.8% | +1.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2024 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Greater New Orleans Youth 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 Greater New Orleans Youth 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 deficit of $78K, with expenses exceeding revenue.
- Debt-to-asset ratio: 155.3%.
Frequently Asked Questions about Greater New Orleans Youth Orchestra
Is Greater New Orleans Youth Orchestra a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater New Orleans Youth Orchestra (EIN: 721317229) insufficient data. 0 red flags identified, 0 strengths noted.
How does Greater New Orleans Youth Orchestra spend its money?
Detailed spending breakdown data is not yet available for Greater New Orleans Youth Orchestra. Check back for updated IRS 990 analysis.
Are donations to Greater New Orleans Youth Orchestra tax-deductible?
Greater New Orleans Youth Orchestra is registered as a tax-exempt nonprofit (EIN: 721317229). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Greater New Orleans Youth Orchestra located?
Greater New Orleans Youth Orchestra is headquartered in New Orleans, Louisiana and files with the IRS under EIN 721317229. It is classified under NTEE code A68.
How many years of IRS 990 filings does Greater New Orleans Youth Orchestra have?
Greater New Orleans Youth Orchestra 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 $105K in total revenue.
Filing History
IRS 990 filing history for Greater New Orleans Youth Orchestra showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater New Orleans Youth Orchestra's revenue has declined by 76.6%, moving from $493K to $116K. Total assets decreased by 36% over the same period, from $206K to $132K. Total functional expenses fell by 66.3%, from $574K to $193K. In its most recent filing year (2023), Greater New Orleans Youth Orchestra reported a deficit of $78K, with expenses exceeding revenue. The organization holds $205K in liabilities against $132K in assets (debt-to-asset ratio: 155.3%), resulting in net assets of $-72,874.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $116K | $193K | $132K | $205K | — | — |
| 2022 | $105K | $186K | $210K | $205K | — | — |
| 2021 | $149K | $238K | $294K | $209K | — | — |
| 2020 | $431K | $289K | $390K | $215K | — | — |
| 2019 | $208K | $233K | $114K | $82K | — | View 990 |
| 2018 | $205K | $237K | $112K | $62K | — | View 990 |
| 2017 | $231K | $243K | $118K | $46K | — | View 990 |
| 2016 | $282K | $360K | $111K | $54K | — | View 990 |
| 2015 | $404K | $441K | $162K | $25K | — | View 990 |
| 2014 | $278K | $280K | $213K | $43K | — | View 990 |
| 2013 | $237K | $276K | $174K | $7K | — | View 990 |
| 2012 | $298K | $296K | $206K | $6K | — | View 990 |
| 2011 | $493K | $574K | $206K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $116K, expenses of $193K, and assets of $132K (revenue +9.8% year-over-year).
- 2022: Revenue of $105K, expenses of $186K, and assets of $210K (revenue -29.3% year-over-year).
- 2021: Revenue of $149K, expenses of $238K, and assets of $294K (revenue -65.5% year-over-year).
- 2020: Revenue of $431K, expenses of $289K, and assets of $390K (revenue +107.0% year-over-year).
- 2019: Revenue of $208K, expenses of $233K, and assets of $114K (revenue +1.8% year-over-year).
- 2018: Revenue of $205K, expenses of $237K, and assets of $112K (revenue -11.4% year-over-year).
- 2017: Revenue of $231K, expenses of $243K, and assets of $118K (revenue -18.0% year-over-year).
- 2016: Revenue of $282K, expenses of $360K, and assets of $111K (revenue -30.3% year-over-year).
- 2015: Revenue of $404K, expenses of $441K, and assets of $162K (revenue +45.5% year-over-year).
- 2014: Revenue of $278K, expenses of $280K, and assets of $213K (revenue +16.9% year-over-year).
- 2013: Revenue of $237K, expenses of $276K, and assets of $174K (revenue -20.5% year-over-year).
- 2012: Revenue of $298K, expenses of $296K, and assets of $206K (revenue -39.5% year-over-year).
- 2011: Revenue of $493K, expenses of $574K, and assets of $206K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater New Orleans Youth Orchestra:
Data Sources and Methodology
This transparency report for Greater New Orleans Youth 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.