Green Mountain Youth Symphony Inc
Green Mountain Youth Symphony faces declining revenue and operational deficits in recent years.
EIN: 161690919 · Montpelier, VT · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $72K |
| Total Expenses | $74K |
| Program Spending | 70% |
| Net Assets | $20K |
| Transparency Score | 65/100 |
Is Green Mountain Youth Symphony Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Green Mountain Youth Symphony Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Green Mountain Youth Symphony Inc
Green Mountain Youth Symphony Inc (EIN: 161690919) is a nonprofit organization based in Montpelier, VT, classified under NTEE code B90. The organization reported total revenue of $72K and total assets of $16K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Green Mountain Youth Symphony Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Green Mountain Youth Symphony Inc is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $74K |
| Surplus / Deficit | $-8,630 |
| Total Assets | $20K |
| Net Assets | $20K |
| Operating Margin | -13.1% |
| Months of Reserves | 3.3 months |
Financial Health Grade: B
In 2023, Green Mountain Youth Symphony Inc reported a deficit of $9K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Green Mountain Youth Symphony Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +85.6% | +18.5% | -29.8% |
| 2022 | -42.1% | +30.3% | -58.9% |
| 2021 | -27.2% | -59.0% | +25.1% |
| 2020 | -40.1% | -7.9% | -26.9% |
| 2019 | +0.5% | +6.8% | +56.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Green Mountain Youth Symphony Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Green Mountain Youth Symphony Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $9K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is commendable for a small nonprofit.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Green Mountain Youth Symphony Inc's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $8,630 deficit in 2023, $27,361 deficit in 2022).
- Significant decline in revenue from $140,127 in 2019 to $65,774 in 2023.
- Decreasing asset base, from $70,400 in 2021 to $20,303 in 2023, indicating dwindling reserves.
Strengths
The following positive indicators were identified for Green Mountain Youth Symphony Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds at the executive level.
- Regular filing of IRS 990s, demonstrating transparency.
- No reported liabilities in most recent years (2023, 2022, 2019, 2018, 2017, 2016, 2015, 2014).
Frequently Asked Questions about Green Mountain Youth Symphony Inc
Is Green Mountain Youth Symphony Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Green Mountain Youth Symphony Inc (EIN: 161690919) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Green Mountain Youth Symphony Inc spend its money?
Green Mountain Youth Symphony Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Green Mountain Youth Symphony Inc tax-deductible?
Green Mountain Youth Symphony Inc is registered as a tax-exempt nonprofit (EIN: 161690919). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Green Mountain Youth Symphony Inc's spending goes to programs?
Green Mountain Youth Symphony Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Green Mountain Youth Symphony Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Green Mountain Youth Symphony Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Green Mountain Youth Symphony Inc located?
Green Mountain Youth Symphony Inc is headquartered in Montpelier, Vermont and files with the IRS under EIN 161690919. It is classified under NTEE code B90.
How many years of IRS 990 filings does Green Mountain Youth Symphony Inc have?
Green Mountain Youth Symphony Inc 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 $72K in total revenue.
Is Green Mountain Youth Symphony Inc. financially stable?
Based on recent filings, GMYS is experiencing financial instability, with revenues consistently lower than expenses in 2022 and 2023, leading to operational deficits. Assets have also significantly decreased from $70,400 in 2021 to $20,303 in 2023.
How has the organization's revenue trended over time?
Revenue has shown a significant downward trend, particularly since 2019. It peaked at $140,127 in 2019 but has fallen to $65,774 in 2023, with a low of $35,433 in 2022.
What is the organization's approach to executive compensation?
Green Mountain Youth Symphony Inc. reports 0% officer compensation in all available filings, meaning no compensation is paid to its officers.
Filing History
IRS 990 filing history for Green Mountain Youth Symphony Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Green Mountain Youth Symphony Inc's revenue has declined by 25.6%, moving from $88K to $66K. Total assets decreased by 9% over the same period, from $22K to $20K. Total functional expenses fell by 14.5%, from $87K to $74K. In its most recent filing year (2023), Green Mountain Youth Symphony Inc reported a deficit of $9K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $66K | $74K | $20K | $0 | — | — |
| 2022 | $35K | $63K | $29K | $0 | — | View 990 |
| 2021 | $61K | $48K | $70K | $14K | — | View 990 |
| 2020 | $84K | $118K | $56K | $13K | — | View 990 |
| 2019 | $140K | $128K | $77K | $0 | — | View 990 |
| 2018 | $139K | $120K | $49K | $0 | — | View 990 |
| 2017 | $131K | $120K | $29K | $0 | — | View 990 |
| 2016 | $133K | $115K | $19K | $0 | — | View 990 |
| 2015 | $104K | $119K | $897 | $0 | — | View 990 |
| 2014 | $120K | $138K | $16K | $0 | — | View 990 |
| 2013 | $150K | $144K | $34K | $0 | — | — |
| 2012 | $126K | $120K | $28K | $0 | — | View 990 |
| 2011 | $88K | $87K | $22K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $66K, expenses of $74K, and assets of $20K (revenue +85.6% year-over-year).
- 2022: Revenue of $35K, expenses of $63K, and assets of $29K (revenue -42.1% year-over-year).
- 2021: Revenue of $61K, expenses of $48K, and assets of $70K (revenue -27.2% year-over-year).
- 2020: Revenue of $84K, expenses of $118K, and assets of $56K (revenue -40.1% year-over-year).
- 2019: Revenue of $140K, expenses of $128K, and assets of $77K (revenue +0.5% year-over-year).
- 2018: Revenue of $139K, expenses of $120K, and assets of $49K (revenue +6.3% year-over-year).
- 2017: Revenue of $131K, expenses of $120K, and assets of $29K (revenue -1.5% year-over-year).
- 2016: Revenue of $133K, expenses of $115K, and assets of $19K (revenue +28.4% year-over-year).
- 2015: Revenue of $104K, expenses of $119K, and assets of $897 (revenue -13.7% year-over-year).
- 2014: Revenue of $120K, expenses of $138K, and assets of $16K (revenue -19.7% year-over-year).
- 2013: Revenue of $150K, expenses of $144K, and assets of $34K (revenue +18.9% year-over-year).
- 2012: Revenue of $126K, expenses of $120K, and assets of $28K (revenue +42.4% year-over-year).
- 2011: Revenue of $88K, expenses of $87K, and assets of $22K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Green Mountain Youth Symphony Inc:
Data Sources and Methodology
This transparency report for Green Mountain Youth Symphony 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.