Keene Community Music Center
Keene Community Music Center maintains stable finances with growing assets and no liabilities.
EIN: 204698698 · Keene, NH · NTEE: A6C · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $14K |
| Program Spending | 90% |
| Net Assets | $38K |
| Transparency Score | 90/100 |
Is Keene Community Music Center Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Keene Community Music Center directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Keene Community Music Center
Keene Community Music Center (EIN: 204698698) is a nonprofit organization based in Keene, NH, classified under NTEE code A6C. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Keene Community Music Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Keene Community Music Center is a micro nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $14K |
| Surplus / Deficit | +$4K |
| Total Assets | $38K |
| Net Assets | $38K |
| Operating Margin | 23.8% |
| Months of Reserves | 33.2 months |
Financial Health Grade: A
In 2022, Keene Community Music Center reported a surplus of $4K with revenue exceeding expenses, holds 33.2 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2022), Keene Community Music Center's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -26.6% | -14.0% | +12.0% |
| 2021 | +35.7% | -3.8% | +31.5% |
| 2020 | +0.7% | +2.4% | -7.1% |
| 2019 | -25.2% | -2.4% | +6.8% |
| 2018 | +37.0% | +3.3% | +35.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Keene Community Music Center with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Keene Community Music Center allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that leadership is either entirely volunteer-based or compensated through non-salary means, which is highly efficient 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.
Strengths
The following positive indicators were identified for Keene Community Music Center:
- Consistent positive net assets and asset growth (e.g., assets grew from $22,637 in 2012 to $38,058 in 2022).
- Zero reported liabilities in recent years (e.g., 2022, 2021, 2020), indicating strong fiscal health.
- No officer compensation reported across all filings, suggesting high efficiency in leadership costs.
- Revenue consistently exceeding expenses in recent periods (e.g., 2022 revenue $18,083 vs. expenses $13,774).
- Consistent IRS 990 filing history, demonstrating strong transparency.
Frequently Asked Questions about Keene Community Music Center
Is Keene Community Music Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Keene Community Music Center (EIN: 204698698) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Keene Community Music Center spend its money?
Keene Community Music Center directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Keene Community Music Center tax-deductible?
Keene Community Music Center is registered as a tax-exempt nonprofit (EIN: 204698698). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Keene Community Music Center compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Keene Community Music Center is above average for NTEE category A6C nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Keene Community Music Center located?
Keene Community Music Center is headquartered in Keene, New Hampshire and files with the IRS under EIN 204698698. It is classified under NTEE code A6C.
How many years of IRS 990 filings does Keene Community Music Center have?
Keene Community Music Center has 11 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Keene Community Music Center a good charity?
Based on its financial health, consistent operations, growing assets, and zero reported officer compensation, Keene Community Music Center appears to be a well-managed and efficient charity, directing resources effectively towards its mission.
How has the organization's financial stability changed over time?
The organization has shown increasing financial stability, with assets growing from $22,637 in 2012 to $38,058 in 2022, and consistently maintaining zero liabilities in recent years.
What is the trend in revenue and expenses?
Revenue and expenses have remained relatively stable over the past decade, generally fluctuating between $16,000 and $28,000 annually, with recent periods showing revenues exceeding expenses.
Filing History
IRS 990 filing history for Keene Community Music Center showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2022), Keene Community Music Center's revenue has declined by 43.5%, moving from $32K to $18K. Total assets increased by 7.9% over the same period, from $35K to $38K. Total functional expenses fell by 47.3%, from $26K to $14K. In its most recent filing year (2022), Keene Community Music Center reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $18K | $14K | $38K | $0 | — | — |
| 2021 | $25K | $16K | $34K | $0 | — | — |
| 2020 | $18K | $17K | $26K | $0 | — | View 990 |
| 2019 | $18K | $16K | $28K | $0 | — | View 990 |
| 2018 | $24K | $17K | $26K | $0 | — | View 990 |
| 2017 | $18K | $16K | $19K | $0 | — | View 990 |
| 2015 | $28K | $31K | $27K | $0 | — | View 990 |
| 2014 | $24K | $27K | $20K | $145 | — | View 990 |
| 2013 | $22K | $22K | $27K | $0 | — | — |
| 2012 | $23K | $26K | $23K | $31 | — | View 990 |
| 2011 | $32K | $26K | $35K | $-176 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $18K, expenses of $14K, and assets of $38K (revenue -26.6% year-over-year).
- 2021: Revenue of $25K, expenses of $16K, and assets of $34K (revenue +35.7% year-over-year).
- 2020: Revenue of $18K, expenses of $17K, and assets of $26K (revenue +0.7% year-over-year).
- 2019: Revenue of $18K, expenses of $16K, and assets of $28K (revenue -25.2% year-over-year).
- 2018: Revenue of $24K, expenses of $17K, and assets of $26K (revenue +37.0% year-over-year).
- 2017: Revenue of $18K, expenses of $16K, and assets of $19K (revenue -37.4% year-over-year).
- 2015: Revenue of $28K, expenses of $31K, and assets of $27K (revenue +16.1% year-over-year).
- 2014: Revenue of $24K, expenses of $27K, and assets of $20K (revenue +12.5% year-over-year).
- 2013: Revenue of $22K, expenses of $22K, and assets of $27K (revenue -5.4% year-over-year).
- 2012: Revenue of $23K, expenses of $26K, and assets of $23K (revenue -28.8% year-over-year).
- 2011: Revenue of $32K, expenses of $26K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Keene Community Music Center:
Data Sources and Methodology
This transparency report for Keene Community Music Center 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.