Health Alliance For Austin Musicians
EIN: 800147620 · Austin, TX · NTEE: Y99
Is Health Alliance For Austin Musicians Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Health Alliance For Austin Musicians
Health Alliance For Austin Musicians (EIN: 800147620) is a nonprofit organization based in Austin, TX, classified under NTEE code Y99. The organization reported total revenue of $6.4M and total assets of $8.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Health Alliance For Austin Musicians's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Health Alliance For Austin Musicians is a mid-size nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 16.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $4.3M |
| Surplus / Deficit | $-538,162 |
| Total Assets | $7.4M |
| Total Liabilities | $129K |
| Net Assets | $7.2M |
| Operating Margin | -14.1% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 20.3 months |
Financial Health Grade: B
In 2023, Health Alliance For Austin Musicians reported a deficit of $538K with expenses exceeding revenue, holds 20.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Health Alliance For Austin Musicians's revenue has grown at a compound annual growth rate (CAGR) of 16.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -48.9% | +11.5% | -16.2% |
| 2022 | +117.3% | +13.3% | +86.2% |
| 2021 | -6.1% | +24.7% | +7.9% |
| 2020 | +25.5% | +29.9% | +39.9% |
| 2019 | +36.2% | +17.5% | +49.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Health Alliance For Austin Musicians 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 Health Alliance For Austin Musicians 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 $538K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.8%.
Frequently Asked Questions about Health Alliance For Austin Musicians
Is Health Alliance For Austin Musicians a legitimate charity?
Based on AI analysis of IRS 990 filings, Health Alliance For Austin Musicians (EIN: 800147620) insufficient data. 0 red flags identified, 0 strengths noted.
How does Health Alliance For Austin Musicians spend its money?
Detailed spending breakdown data is not yet available for Health Alliance For Austin Musicians. Check back for updated IRS 990 analysis.
Are donations to Health Alliance For Austin Musicians tax-deductible?
Health Alliance For Austin Musicians is registered as a tax-exempt nonprofit (EIN: 800147620). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Health Alliance For Austin Musicians showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Health Alliance For Austin Musicians's revenue has grown by 511%, moving from $624K to $3.8M. Total assets increased by 962.1% over the same period, from $693K to $7.4M. Total functional expenses rose by 701.4%, from $543K to $4.3M. In its most recent filing year (2023), Health Alliance For Austin Musicians reported a deficit of $538K, with expenses exceeding revenue. The organization holds $129K in liabilities against $7.4M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $7.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $4.3M | $7.4M | $129K | — | — |
| 2022 | $7.5M | $3.9M | $8.8M | $991K | — | View 990 |
| 2021 | $3.4M | $3.4M | $4.7M | $384K | — | View 990 |
| 2020 | $3.7M | $2.8M | $4.4M | $235K | — | — |
| 2019 | $2.9M | $2.1M | $3.1M | $79K | — | — |
| 2018 | $2.1M | $1.8M | $2.1M | $82K | — | View 990 |
| 2017 | $2.2M | $2.0M | $1.9M | $137K | — | View 990 |
| 2016 | $1.5M | $1.3M | $1.5M | $49K | — | View 990 |
| 2015 | $1.1M | $1.2M | $1.3M | $51K | — | View 990 |
| 2014 | $1.3M | $886K | $1.4M | $29K | — | View 990 |
| 2013 | $1.1M | $968K | $1.2M | $192K | — | View 990 |
| 2012 | $1.0M | $848K | $875K | $18K | — | View 990 |
| 2011 | $624K | $543K | $693K | $510 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $4.3M, and assets of $7.4M (revenue -48.9% year-over-year).
- 2022: Revenue of $7.5M, expenses of $3.9M, and assets of $8.8M (revenue +117.3% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.4M, and assets of $4.7M (revenue -6.1% year-over-year).
- 2020: Revenue of $3.7M, expenses of $2.8M, and assets of $4.4M (revenue +25.5% year-over-year).
- 2019: Revenue of $2.9M, expenses of $2.1M, and assets of $3.1M (revenue +36.2% year-over-year).
- 2018: Revenue of $2.1M, expenses of $1.8M, and assets of $2.1M (revenue -4.7% year-over-year).
- 2017: Revenue of $2.2M, expenses of $2.0M, and assets of $1.9M (revenue +46.3% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.3M, and assets of $1.5M (revenue +37.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $1.3M (revenue -11.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $886K, and assets of $1.4M (revenue +14.5% year-over-year).
- 2013: Revenue of $1.1M, expenses of $968K, and assets of $1.2M (revenue +9.0% year-over-year).
- 2012: Revenue of $1.0M, expenses of $848K, and assets of $875K (revenue +62.4% year-over-year).
- 2011: Revenue of $624K, expenses of $543K, and assets of $693K.
Data Sources and Methodology
This transparency report for Health Alliance For Austin Musicians 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.