Manchester Community Music School
Manchester Community Music School shows consistent revenue, asset growth, and no reported officer compensation over a decade.
EIN: 20376586 · Manchester, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.7M |
| Total Expenses | $1.1M |
| Program Spending | 85% |
| Net Assets | $1.2M |
| Transparency Score | 90/100 |
Is Manchester Community Music School Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manchester Community Music School directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manchester Community Music School
Manchester Community Music School (EIN: 20376586) is a nonprofit organization based in Manchester, NH. The organization reported total revenue of $2.7M and total assets of $3.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manchester Community Music School's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Manchester Community Music School is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.1M |
| Surplus / Deficit | $-44,049 |
| Total Assets | $1.6M |
| Total Liabilities | $444K |
| Net Assets | $1.2M |
| Operating Margin | -4.0% |
| Debt-to-Asset Ratio | 27.7% |
| Months of Reserves | 16.8 months |
Financial Health Grade: B
In 2023, Manchester Community Music School reported a deficit of $44K with expenses exceeding revenue, holds 16.8 months of operating reserves (strong position), has a debt-to-asset ratio of 27.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Manchester Community Music School's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -30.5% | +6.3% | -3.8% |
| 2022 | +38.6% | +8.7% | +25.1% |
| 2021 | +10.4% | +2.2% | +13.5% |
| 2020 | -5.8% | -1.7% | +15.3% |
| 2019 | +6.3% | -0.7% | +12.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1984 |
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 Manchester Community Music School 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: 85%
- fundraising: 5%
According to IRS 990 filings, Manchester Community Music School allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $44K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or benefits are paid to its officers, which is highly unusual and suggests a strong volunteer leadership or that compensation is categorized differently and not reported under 'Officer Comp'.
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.
Red Flags
The following concerns were identified during AI analysis of Manchester Community Music School's IRS 990 filings:
- Unclear categorization of leadership compensation given 0% officer compensation reported, which may obscure actual executive costs.
Strengths
The following positive indicators were identified for Manchester Community Music School:
- Consistent revenue generation and asset growth over a decade, from $902,137 in assets in 201808 to $1,598,719 in 202308.
- No reported officer compensation, suggesting a strong volunteer base or highly efficient use of funds.
- Long history of IRS 990 filings (13 filings), indicating transparency and compliance.
- Manageable liabilities relative to assets, demonstrating financial stability (e.g., $443,535 liabilities vs. $1,598,719 assets in 202308).
Frequently Asked Questions about Manchester Community Music School
Is Manchester Community Music School a legitimate charity?
Manchester Community Music School (EIN: 20376586) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.7M. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Manchester Community Music School spend its money?
Manchester Community Music School directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Manchester Community Music School tax-deductible?
Manchester Community Music School is registered as a tax-exempt nonprofit (EIN: 20376586). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Manchester Community Music School's spending goes to programs?
Manchester Community Music School directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Manchester Community Music School located?
Manchester Community Music School is headquartered in Manchester, New Hampshire and files with the IRS under EIN 20376586.
How many years of IRS 990 filings does Manchester Community Music School have?
Manchester Community Music School 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 $2.7M in total revenue.
How does Manchester Community Music School manage to report 0% officer compensation?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual for an organization of this size and revenue. It could indicate that officers are volunteers, or that compensation for leadership roles is categorized under other expense lines (e.g., program staff, administrative staff) rather than specifically as 'Officer Comp' on the 990 form.
What is the long-term trend of the organization's net assets?
The organization's net assets have shown a positive long-term trend, growing from $902,137 in 201808 to $1,598,719 in 202308, indicating financial stability and growth over time.
Is the organization financially sustainable given recent expense overruns?
While the 202308 period showed expenses ($1,139,454) slightly exceeding revenue ($1,095,405), this appears to be an isolated instance within a broader trend of revenue exceeding expenses. The organization's healthy asset base of $1,598,719 in 202308 suggests it can absorb minor fluctuations and remains financially sustainable.
Filing History
IRS 990 filing history for Manchester Community Music School showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Manchester Community Music School's revenue has declined by 11.4%, moving from $1.2M to $1.1M. Total assets increased by 28.4% over the same period, from $1.2M to $1.6M. Total functional expenses rose by 1.6%, from $1.1M to $1.1M. In its most recent filing year (2023), Manchester Community Music School reported a deficit of $44K, with expenses exceeding revenue. The organization holds $444K in liabilities against $1.6M in assets (debt-to-asset ratio: 27.7%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.1M | $1.6M | $444K | — | View 990 |
| 2022 | $1.6M | $1.1M | $1.7M | $469K | — | View 990 |
| 2021 | $1.1M | $986K | $1.3M | $624K | — | View 990 |
| 2020 | $1.0M | $965K | $1.2M | $627K | — | — |
| 2019 | $1.1M | $981K | $1.0M | $547K | — | View 990 |
| 2018 | $1.0M | $988K | $902K | $549K | — | View 990 |
| 2017 | $1.1M | $973K | $937K | $629K | — | View 990 |
| 2016 | $994K | $990K | $1.0M | $806K | — | View 990 |
| 2015 | $1.1M | $1.2M | $1.1M | $871K | — | View 990 |
| 2014 | $1.2M | $1.2M | $1.2M | $887K | — | View 990 |
| 2013 | $1.2M | $1.2M | $1.4M | $881K | — | View 990 |
| 2012 | $1.4M | $1.1M | $1.5M | $986K | — | View 990 |
| 2011 | $1.2M | $1.1M | $1.2M | $1.0M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.1M, and assets of $1.6M (revenue -30.5% year-over-year).
- 2022: Revenue of $1.6M, expenses of $1.1M, and assets of $1.7M (revenue +38.6% year-over-year).
- 2021: Revenue of $1.1M, expenses of $986K, and assets of $1.3M (revenue +10.4% year-over-year).
- 2020: Revenue of $1.0M, expenses of $965K, and assets of $1.2M (revenue -5.8% year-over-year).
- 2019: Revenue of $1.1M, expenses of $981K, and assets of $1.0M (revenue +6.3% year-over-year).
- 2018: Revenue of $1.0M, expenses of $988K, and assets of $902K (revenue -2.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $973K, and assets of $937K (revenue +6.3% year-over-year).
- 2016: Revenue of $994K, expenses of $990K, and assets of $1.0M (revenue -9.2% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.2M, and assets of $1.1M (revenue -7.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $1.2M (revenue -2.0% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.2M, and assets of $1.4M (revenue -11.6% year-over-year).
- 2012: Revenue of $1.4M, expenses of $1.1M, and assets of $1.5M (revenue +10.1% year-over-year).
- 2011: Revenue of $1.2M, expenses of $1.1M, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Manchester Community Music School:
Data Sources and Methodology
This transparency report for Manchester Community Music School 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.