Kids Orchestra Inc
EIN: 274098793 · Baton Rouge, LA · NTEE: A69
| Metric | Value |
|---|---|
| Total Revenue | $950K |
| Total Expenses | $801K |
| Net Assets | $229K |
Is Kids Orchestra Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Kids Orchestra Inc
Kids Orchestra Inc (EIN: 274098793) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code A69. The organization reported total revenue of $950K and total assets of $398K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Kids Orchestra Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Kids Orchestra Inc is a small nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $765K |
| Total Expenses | $801K |
| Surplus / Deficit | $-36,538 |
| Total Assets | $360K |
| Total Liabilities | $132K |
| Net Assets | $229K |
| Operating Margin | -4.8% |
| Debt-to-Asset Ratio | 36.6% |
| Months of Reserves | 5.4 months |
Financial Health Grade: B
In 2023, Kids Orchestra Inc reported a deficit of $37K with expenses exceeding revenue, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 36.6% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Kids Orchestra Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +44.4% | +19.3% | +22.2% |
| 2022 | -30.5% | +0.4% | -31.9% |
| 2021 | -13.0% | -23.9% | -0.7% |
| 2020 | -54.0% | -49.3% | -5.8% |
| 2019 | +24.3% | +11.4% | +106.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Kids Orchestra Inc 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 Kids Orchestra Inc 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 $37K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.6%.
Frequently Asked Questions about Kids Orchestra Inc
Is Kids Orchestra Inc a legitimate charity?
Kids Orchestra Inc (EIN: 274098793) is a registered tax-exempt nonprofit based in Louisiana. It has 13 years of IRS 990 filings on record. Total revenue: $950K. No red flags identified. Financial health grade: B.
How does Kids Orchestra Inc spend its money?
Kids Orchestra Inc reported $950K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Kids Orchestra Inc tax-deductible?
Kids Orchestra Inc is registered as a tax-exempt nonprofit (EIN: 274098793). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Kids Orchestra Inc located?
Kids Orchestra Inc is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 274098793. It is classified under NTEE code A69.
How many years of IRS 990 filings does Kids Orchestra Inc have?
Kids Orchestra 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 $950K in total revenue.
Filing History
IRS 990 filing history for Kids Orchestra Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Kids Orchestra Inc's revenue has grown by 338.9%, moving from $174K to $765K. Total assets increased by 486.1% over the same period, from $62K to $360K. Total functional expenses rose by 572.3%, from $119K to $801K. In its most recent filing year (2023), Kids Orchestra Inc reported a deficit of $37K, with expenses exceeding revenue. The organization holds $132K in liabilities against $360K in assets (debt-to-asset ratio: 36.6%), resulting in net assets of $229K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $765K | $801K | $360K | $132K | — | — |
| 2022 | $529K | $672K | $295K | $30K | — | View 990 |
| 2021 | $762K | $669K | $433K | $26K | — | View 990 |
| 2020 | $876K | $879K | $436K | $122K | — | View 990 |
| 2019 | $1.9M | $1.7M | $464K | $146K | — | View 990 |
| 2018 | $1.5M | $1.6M | $224K | $79K | — | View 990 |
| 2017 | $1.3M | $1.2M | $299K | $130K | — | View 990 |
| 2016 | $1.0M | $993K | $137K | $12K | — | View 990 |
| 2015 | $865K | $816K | $121K | $31K | — | View 990 |
| 2014 | $457K | $476K | $56K | $14K | — | View 990 |
| 2013 | $150K | $147K | $76K | $15K | — | View 990 |
| 2012 | $217K | $215K | $74K | $17K | — | View 990 |
| 2011 | $174K | $119K | $62K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $765K, expenses of $801K, and assets of $360K (revenue +44.4% year-over-year).
- 2022: Revenue of $529K, expenses of $672K, and assets of $295K (revenue -30.5% year-over-year).
- 2021: Revenue of $762K, expenses of $669K, and assets of $433K (revenue -13.0% year-over-year).
- 2020: Revenue of $876K, expenses of $879K, and assets of $436K (revenue -54.0% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.7M, and assets of $464K (revenue +24.3% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.6M, and assets of $224K (revenue +19.7% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $299K (revenue +27.2% year-over-year).
- 2016: Revenue of $1.0M, expenses of $993K, and assets of $137K (revenue +16.4% year-over-year).
- 2015: Revenue of $865K, expenses of $816K, and assets of $121K (revenue +89.2% year-over-year).
- 2014: Revenue of $457K, expenses of $476K, and assets of $56K (revenue +204.8% year-over-year).
- 2013: Revenue of $150K, expenses of $147K, and assets of $76K (revenue -31.0% year-over-year).
- 2012: Revenue of $217K, expenses of $215K, and assets of $74K (revenue +24.7% year-over-year).
- 2011: Revenue of $174K, expenses of $119K, and assets of $62K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Kids Orchestra Inc:
Data Sources and Methodology
This transparency report for Kids Orchestra 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.