Lincoln Friends Of Chamber Music Inc
EIN: 363348024 · Lincoln, NE
| Metric | Value |
|---|---|
| Total Revenue | $101K |
| Total Expenses | $57K |
| Net Assets | $31K |
Is Lincoln Friends Of Chamber Music Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Lincoln Friends Of Chamber Music Inc
Lincoln Friends Of Chamber Music Inc (EIN: 363348024) is a nonprofit organization based in Lincoln, NE. The organization reported total revenue of $101K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Lincoln Friends Of Chamber Music Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Lincoln Friends Of Chamber Music Inc is a small nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $77K |
| Total Expenses | $57K |
| Surplus / Deficit | +$20K |
| Total Assets | $31K |
| Net Assets | $31K |
| Operating Margin | 26.4% |
| Months of Reserves | 6.6 months |
Financial Health Grade: A
In 2024, Lincoln Friends Of Chamber Music Inc reported a surplus of $20K with revenue exceeding expenses, holds 6.6 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Lincoln Friends Of Chamber Music Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +67.5% | +8.5% | +185.2% |
| 2023 | -6.5% | -4.2% | -45.1% |
| 2022 | +14.6% | +61.9% | -21.2% |
| 2021 | -22.9% | -36.1% | +54.5% |
| 2020 | -9.3% | -38.3% | +12.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1985 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Lincoln Friends Of Chamber Music 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 Lincoln Friends Of Chamber Music 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $20K, with revenue exceeding expenses.
Frequently Asked Questions about Lincoln Friends Of Chamber Music Inc
Is Lincoln Friends Of Chamber Music Inc a legitimate charity?
Lincoln Friends Of Chamber Music Inc (EIN: 363348024) is a registered tax-exempt nonprofit based in Nebraska. It has 14 years of IRS 990 filings on record. Total revenue: $101K. No red flags identified. Financial health grade: A.
How does Lincoln Friends Of Chamber Music Inc spend its money?
Lincoln Friends Of Chamber Music Inc reported $101K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Lincoln Friends Of Chamber Music Inc tax-deductible?
Lincoln Friends Of Chamber Music Inc is registered as a tax-exempt nonprofit (EIN: 363348024). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Lincoln Friends Of Chamber Music Inc located?
Lincoln Friends Of Chamber Music Inc is headquartered in Lincoln, Nebraska and files with the IRS under EIN 363348024.
How many years of IRS 990 filings does Lincoln Friends Of Chamber Music Inc have?
Lincoln Friends Of Chamber Music Inc has 14 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 $101K in total revenue.
Filing History
IRS 990 filing history for Lincoln Friends Of Chamber Music Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Lincoln Friends Of Chamber Music Inc's revenue has grown by 79%, moving from $43K to $77K. Total assets increased by 292.6% over the same period, from $8K to $31K. Total functional expenses rose by 26.7%, from $45K to $57K. In its most recent filing year (2024), Lincoln Friends Of Chamber Music Inc reported a surplus of $20K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $77K | $57K | $31K | $0 | — | — |
| 2023 | $46K | $53K | $11K | $0 | — | View 990 |
| 2022 | $49K | $55K | $20K | $0 | — | View 990 |
| 2021 | $43K | $34K | $25K | $0 | — | — |
| 2020 | $56K | $53K | $16K | $201 | — | View 990 |
| 2019 | $62K | $86K | $15K | $1K | — | View 990 |
| 2018 | $72K | $52K | $39K | $2K | — | View 990 |
| 2017 | $44K | $46K | $19K | $2K | — | View 990 |
| 2016 | $42K | $48K | $20K | $310 | — | View 990 |
| 2015 | $57K | $62K | $27K | $2K | — | View 990 |
| 2014 | $47K | $30K | $45K | $14K | — | View 990 |
| 2013 | $54K | $44K | $18K | $3K | — | View 990 |
| 2012 | $41K | $39K | $14K | $9K | — | View 990 |
| 2011 | $43K | $45K | $8K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $77K, expenses of $57K, and assets of $31K (revenue +67.5% year-over-year).
- 2023: Revenue of $46K, expenses of $53K, and assets of $11K (revenue -6.5% year-over-year).
- 2022: Revenue of $49K, expenses of $55K, and assets of $20K (revenue +14.6% year-over-year).
- 2021: Revenue of $43K, expenses of $34K, and assets of $25K (revenue -22.9% year-over-year).
- 2020: Revenue of $56K, expenses of $53K, and assets of $16K (revenue -9.3% year-over-year).
- 2019: Revenue of $62K, expenses of $86K, and assets of $15K (revenue -14.9% year-over-year).
- 2018: Revenue of $72K, expenses of $52K, and assets of $39K (revenue +65.5% year-over-year).
- 2017: Revenue of $44K, expenses of $46K, and assets of $19K (revenue +4.2% year-over-year).
- 2016: Revenue of $42K, expenses of $48K, and assets of $20K (revenue -25.7% year-over-year).
- 2015: Revenue of $57K, expenses of $62K, and assets of $27K (revenue +20.9% year-over-year).
- 2014: Revenue of $47K, expenses of $30K, and assets of $45K (revenue -12.7% year-over-year).
- 2013: Revenue of $54K, expenses of $44K, and assets of $18K (revenue +31.1% year-over-year).
- 2012: Revenue of $41K, expenses of $39K, and assets of $14K (revenue -5.5% year-over-year).
- 2011: Revenue of $43K, expenses of $45K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Lincoln Friends Of Chamber Music Inc:
Data Sources and Methodology
This transparency report for Lincoln Friends Of Chamber Music 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.