Lafayette Symphony Foundation
EIN: 352080594 · Lafayette, IN · NTEE: A116
| Metric | Value |
|---|---|
| Total Revenue | $843K |
| Total Expenses | $171K |
| Net Assets | $3.1M |
Is Lafayette Symphony Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lafayette Symphony Foundation
Lafayette Symphony Foundation (EIN: 352080594) is a nonprofit organization based in Lafayette, IN, classified under NTEE code A116. The organization reported total revenue of $843K and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lafayette Symphony Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lafayette Symphony Foundation is a small nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -102.1% | -7.8% | +1.7% |
| 2022 | +292.1% | +20.2% | -14.0% |
| 2021 | -39.5% | +2.8% | +27.3% |
| 2020 | +1518.1% | -1.7% | +2.9% |
| 2019 | -95.0% | +3.6% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1999 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lafayette Symphony Foundation 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 Lafayette Symphony Foundation 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:
- Debt-to-asset ratio: 4.9%.
Frequently Asked Questions about Lafayette Symphony Foundation
Is Lafayette Symphony Foundation a legitimate charity?
Lafayette Symphony Foundation (EIN: 352080594) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $843K. No red flags identified. Financial health grade: B.
How does Lafayette Symphony Foundation spend its money?
Lafayette Symphony Foundation reported $843K 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 Lafayette Symphony Foundation tax-deductible?
Lafayette Symphony Foundation is registered as a tax-exempt nonprofit (EIN: 352080594). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lafayette Symphony Foundation located?
Lafayette Symphony Foundation is headquartered in Lafayette, Indiana and files with the IRS under EIN 352080594. It is classified under NTEE code A116.
How many years of IRS 990 filings does Lafayette Symphony Foundation have?
Lafayette Symphony Foundation 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 $843K in total revenue.
Filing History
IRS 990 filing history for Lafayette Symphony Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Lafayette Symphony Foundation's revenue has declined by 110.8%, moving from $167K to $-18,070. Total assets increased by 38.6% over the same period, from $2.3M to $3.2M. Total functional expenses rose by 2.7%, from $167K to $171K. The organization holds $158K in liabilities against $3.2M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-18,070 | $171K | $3.2M | $158K | — | — |
| 2022 | $863K | $186K | $3.2M | $149K | — | View 990 |
| 2021 | $220K | $155K | $3.7M | $139K | — | View 990 |
| 2020 | $364K | $150K | $2.9M | $133K | — | View 990 |
| 2019 | $22K | $153K | $2.8M | $133K | — | View 990 |
| 2018 | $446K | $148K | $2.9M | $132K | — | View 990 |
| 2017 | $326K | $282K | $2.8M | $135K | — | View 990 |
| 2016 | $164K | $173K | $2.6M | $134K | — | View 990 |
| 2015 | $174K | $138K | $2.8M | $131K | — | View 990 |
| 2014 | $249K | $144K | $2.8M | $134K | — | View 990 |
| 2013 | $294K | $135K | $2.5M | $128K | — | View 990 |
| 2012 | $151K | $156K | $2.2M | $128K | — | View 990 |
| 2011 | $167K | $167K | $2.3M | $130K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-18,070, expenses of $171K, and assets of $3.2M (revenue -102.1% year-over-year).
- 2022: Revenue of $863K, expenses of $186K, and assets of $3.2M (revenue +292.1% year-over-year).
- 2021: Revenue of $220K, expenses of $155K, and assets of $3.7M (revenue -39.5% year-over-year).
- 2020: Revenue of $364K, expenses of $150K, and assets of $2.9M (revenue +1518.1% year-over-year).
- 2019: Revenue of $22K, expenses of $153K, and assets of $2.8M (revenue -95.0% year-over-year).
- 2018: Revenue of $446K, expenses of $148K, and assets of $2.9M (revenue +36.8% year-over-year).
- 2017: Revenue of $326K, expenses of $282K, and assets of $2.8M (revenue +99.2% year-over-year).
- 2016: Revenue of $164K, expenses of $173K, and assets of $2.6M (revenue -5.8% year-over-year).
- 2015: Revenue of $174K, expenses of $138K, and assets of $2.8M (revenue -30.3% year-over-year).
- 2014: Revenue of $249K, expenses of $144K, and assets of $2.8M (revenue -15.2% year-over-year).
- 2013: Revenue of $294K, expenses of $135K, and assets of $2.5M (revenue +95.2% year-over-year).
- 2012: Revenue of $151K, expenses of $156K, and assets of $2.2M (revenue -10.0% year-over-year).
- 2011: Revenue of $167K, expenses of $167K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lafayette Symphony Foundation:
Data Sources and Methodology
This transparency report for Lafayette Symphony Foundation 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.