Kalamazoo Junior Symphony Society
EIN: 386089780 · Kalamazoo, MI
| Metric | Value |
|---|---|
| Total Revenue | $382K |
| Total Expenses | $543K |
| Net Assets | $700K |
Is Kalamazoo Junior Symphony Society Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kalamazoo Junior Symphony Society
Kalamazoo Junior Symphony Society (EIN: 386089780) is a nonprofit organization based in Kalamazoo, MI. The organization reported total revenue of $382K and total assets of $862K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kalamazoo Junior Symphony Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kalamazoo Junior Symphony Society is a small nonprofit that has been operating for 75 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $609K |
| Total Expenses | $543K |
| Surplus / Deficit | +$66K |
| Total Assets | $778K |
| Total Liabilities | $78K |
| Net Assets | $700K |
| Operating Margin | 10.8% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 17.2 months |
Financial Health Grade: A
In 2023, Kalamazoo Junior Symphony Society reported a surplus of $66K with revenue exceeding expenses, holds 17.2 months of operating reserves (strong position), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kalamazoo Junior Symphony Society's revenue has grown at a compound annual growth rate (CAGR) of 13.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +175.6% | +134.5% | -13.6% |
| 2022 | -22.3% | +51.5% | +34.1% |
| 2021 | +41.4% | -22.0% | +20.5% |
| 2020 | -66.2% | -60.4% | +8.2% |
| 2019 | +143.7% | +148.2% | -25.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1951 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kalamazoo Junior Symphony Society 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 Kalamazoo Junior Symphony Society 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 surplus of $66K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.1%.
Frequently Asked Questions about Kalamazoo Junior Symphony Society
Is Kalamazoo Junior Symphony Society a legitimate charity?
Kalamazoo Junior Symphony Society (EIN: 386089780) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $382K. No red flags identified. Financial health grade: A.
How does Kalamazoo Junior Symphony Society spend its money?
Kalamazoo Junior Symphony Society reported $382K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kalamazoo Junior Symphony Society tax-deductible?
Kalamazoo Junior Symphony Society is registered as a tax-exempt nonprofit (EIN: 386089780). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kalamazoo Junior Symphony Society located?
Kalamazoo Junior Symphony Society is headquartered in Kalamazoo, Michigan and files with the IRS under EIN 386089780.
How many years of IRS 990 filings does Kalamazoo Junior Symphony Society have?
Kalamazoo Junior Symphony Society 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 $382K in total revenue.
Filing History
IRS 990 filing history for Kalamazoo Junior Symphony Society showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kalamazoo Junior Symphony Society's revenue has grown by 333.2%, moving from $141K to $609K. Total assets increased by 494.6% over the same period, from $131K to $778K. Total functional expenses rose by 267.9%, from $148K to $543K. In its most recent filing year (2023), Kalamazoo Junior Symphony Society reported a surplus of $66K, with revenue exceeding expenses. The organization holds $78K in liabilities against $778K in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $700K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $609K | $543K | $778K | $78K | — | View 990 |
| 2022 | $221K | $232K | $900K | $250K | — | View 990 |
| 2021 | $284K | $153K | $671K | $3K | — | View 990 |
| 2020 | $201K | $196K | $557K | $53K | — | View 990 |
| 2019 | $596K | $495K | $515K | $21K | — | View 990 |
| 2018 | $244K | $199K | $691K | $289K | — | View 990 |
| 2017 | $175K | $184K | $365K | $22K | — | View 990 |
| 2016 | $198K | $195K | $345K | $19K | — | View 990 |
| 2015 | $180K | $178K | $358K | $19K | — | View 990 |
| 2014 | $205K | $167K | $345K | $14K | — | View 990 |
| 2013 | $348K | $167K | $301K | $13K | — | View 990 |
| 2012 | $151K | $156K | $113K | $13K | — | View 990 |
| 2011 | $141K | $148K | $131K | $26K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $609K, expenses of $543K, and assets of $778K (revenue +175.6% year-over-year).
- 2022: Revenue of $221K, expenses of $232K, and assets of $900K (revenue -22.3% year-over-year).
- 2021: Revenue of $284K, expenses of $153K, and assets of $671K (revenue +41.4% year-over-year).
- 2020: Revenue of $201K, expenses of $196K, and assets of $557K (revenue -66.2% year-over-year).
- 2019: Revenue of $596K, expenses of $495K, and assets of $515K (revenue +143.7% year-over-year).
- 2018: Revenue of $244K, expenses of $199K, and assets of $691K (revenue +39.7% year-over-year).
- 2017: Revenue of $175K, expenses of $184K, and assets of $365K (revenue -11.6% year-over-year).
- 2016: Revenue of $198K, expenses of $195K, and assets of $345K (revenue +9.7% year-over-year).
- 2015: Revenue of $180K, expenses of $178K, and assets of $358K (revenue -12.2% year-over-year).
- 2014: Revenue of $205K, expenses of $167K, and assets of $345K (revenue -40.9% year-over-year).
- 2013: Revenue of $348K, expenses of $167K, and assets of $301K (revenue +130.4% year-over-year).
- 2012: Revenue of $151K, expenses of $156K, and assets of $113K (revenue +7.3% year-over-year).
- 2011: Revenue of $141K, expenses of $148K, and assets of $131K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kalamazoo Junior Symphony Society:
Data Sources and Methodology
This transparency report for Kalamazoo Junior Symphony Society 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.