Manchester Music Festival Inc
Manchester Music Festival: Strong Assets, Volatile Revenue, and High Program Spending
EIN: 222575753 · Manchester, VT · NTEE: A6E0 · Updated: 2026-04-04
Is Manchester Music Festival Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Manchester Music Festival Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Manchester Music Festival Inc
Manchester Music Festival Inc (EIN: 222575753) is a nonprofit organization based in Manchester, VT, classified under NTEE code A6E0. The organization reported total revenue of $1.3M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Manchester Music Festival Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Manchester Music Festival Inc with a Mission Score of 85 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: 80%
- fundraising: 10%
According to IRS 990 filings, Manchester Music Festival Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, suggesting either volunteer leadership or compensation is handled through a related party not detailed in these specific filings.
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 Music Festival Inc's IRS 990 filings:
- Significant revenue volatility, with a jump from $120,867 in 202212 to $672,966 in 202312, making financial forecasting challenging.
- Consistent reporting of $0 for highest compensated employees may obscure actual leadership costs or indicate reliance on unpaid labor.
- The change in fiscal year end (from August to December) could complicate year-over-year comparisons for some periods.
Strengths
The following positive indicators were identified for Manchester Music Festival Inc:
- Strong asset base, consistently over $1.5 million, providing financial stability.
- High percentage of spending allocated to programs (estimated 80%), indicating a focus on mission delivery.
- Low liabilities relative to assets, suggesting good financial health.
- Consistent operational history with filings dating back to 2017.
Frequently Asked Questions about Manchester Music Festival Inc
Is Manchester Music Festival Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Manchester Music Festival Inc (EIN: 222575753) some concerns. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
How does Manchester Music Festival Inc spend its money?
Manchester Music Festival Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Manchester Music Festival Inc tax-deductible?
Manchester Music Festival Inc is registered as a tax-exempt nonprofit (EIN: 222575753). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Manchester Music Festival Inc do?
Manchester Music Festival Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Manchester, Vermont. It is classified under NTEE code A6E0.
How much revenue does Manchester Music Festival Inc have?
Manchester Music Festival Inc reported total revenue of $1,295,779. Based on 14 IRS 990 filings on record.
What are Manchester Music Festival Inc's total assets?
Manchester Music Festival Inc holds total assets of $2,473,936 as reported in IRS 990 filings.
Where is Manchester Music Festival Inc located?
Manchester Music Festival Inc is based in Manchester, Vermont.
What is Manchester Music Festival Inc's EIN?
Manchester Music Festival Inc's Employer Identification Number (EIN) is 222575753. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Manchester Music Festival Inc?
Manchester Music Festival Inc is classified under NTEE code A6E0 (Arts, Culture & Humanities).
Is Manchester Music Festival Inc a registered 501(c)(3)?
Yes, Manchester Music Festival Inc is recognized as a tax-exempt organization by the IRS. EIN: 222575753.
Does Manchester Music Festival Inc file IRS Form 990?
Yes, Manchester Music Festival Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Manchester Music Festival Inc's revenue in 2023?
In the 202312 filing period, Manchester Music Festival Inc reported total revenue of $672,966, total expenses of $530,188, and net assets of $2,323,767.
Is Manchester Music Festival Inc's revenue growing or declining?
Manchester Music Festival Inc's revenue is growing. Revenue went from $120,867 (202212) to $672,966 (202312), a +456.8% change. Based on 14 filings on record.
What is Manchester Music Festival Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Manchester Music Festival Inc covers tax period 202312. It shows revenue of $672,966, expenses of $530,188, total assets of $2,323,767, and liabilities of $9,625.
How much does Manchester Music Festival Inc spend on programs vs administration?
Based on IRS 990 analysis, Manchester Music Festival Inc allocates approximately 80% of expenses to program services, 10% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Manchester Music Festival Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Manchester Music Festival Inc appears trustworthy. Mission Score: 85/100 (Excellent). 3 red flags identified. 4 strengths noted.
What are the red flags for Manchester Music Festival Inc?
The following concerns were identified: Significant revenue volatility, with a jump from $120,867 in 202212 to $672,966 in 202312, making financial forecasting challenging.. Consistent reporting of $0 for highest compensated employees may obscure actual leadership costs or indicate reliance on unpaid labor.. The change in fiscal year end (from August to December) could complicate year-over-year comparisons for some periods.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Manchester Music Festival Inc's strengths?
Positive indicators for Manchester Music Festival Inc include: Strong asset base, consistently over $1.5 million, providing financial stability.. High percentage of spending allocated to programs (estimated 80%), indicating a focus on mission delivery.. Low liabilities relative to assets, suggesting good financial health.. Consistent operational history with filings dating back to 2017.. These findings are derived from AI analysis of the organization's financial filings.
How does Manchester Music Festival Inc compensate executives?
Executive compensation is reported as $0 across all available filings, suggesting either volunteer leadership or compensation is handled through a related party not detailed in these specific filings. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How transparent is Manchester Music Festival Inc?
• The organization consistently reports 0% compensation for its highest-paid employees, which may indicate services are provided pro bono or through a separate entity. • Financial filings are available and relatively consistent, though the fiscal year end has shifted. • Detailed breakdowns of program expenses are not readily available in the provided summary data. Transparency assessment is based on the availability and consistency of IRS 990 filing data, spending disclosure, and governance indicators.
Given the reported $0 executive compensation, how does Manchester Music Festival Inc. attract and retain leadership, and what is the true cost of its executive functions?
The consistent reporting of $0 for highest compensated employees suggests that leadership may be volunteer-based, compensated through a related entity, or that the individuals providing executive functions are not directly paid by the organization in a way that triggers reporting requirements for highest-paid employees. Understanding the true cost would require further investigation into related party transactions or detailed operational expense breakdowns.
What factors contributed to the substantial revenue increase from $120,867 in 202212 to $672,966 in 202312, and is this growth sustainable?
The data provided does not specify the source of revenue, but such a significant increase could be due to a major fundraising campaign, a large grant, a successful festival season, or a combination of factors. Assessing sustainability would require more detailed revenue breakdowns and an understanding of the underlying drivers of this growth.
Filing History
IRS 990 filing history for Manchester Music Festival Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Manchester Music Festival Inc's revenue has grown by 54.9%, moving from $434K to $673K. Total assets increased by 45.2% over the same period, from $1.6M to $2.3M. Total functional expenses rose by 7%, from $496K to $530K. In its most recent filing year (2023), Manchester Music Festival Inc reported a surplus of $143K, with revenue exceeding expenses. The organization holds $10K in liabilities against $2.3M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $673K | $530K | $2.3M | $10K | — | — |
| 2022 | $121K | $132K | $2.0M | $6K | — | View 990 |
| 2022 | $406K | $384K | $2.1M | $51K | — | — |
| 2021 | $431K | $343K | $2.3M | $48K | — | View 990 |
| 2020 | $274K | $236K | $2.0M | $50K | — | View 990 |
| 2019 | $422K | $438K | $1.8M | $30K | — | View 990 |
| 2018 | $716K | $441K | $1.9M | $32K | — | View 990 |
| 2017 | $389K | $593K | $1.5M | $39K | — | View 990 |
| 2016 | $466K | $541K | $1.7M | $59K | — | View 990 |
| 2015 | $414K | $509K | $1.7M | $51K | — | View 990 |
| 2014 | $474K | $613K | $1.8M | $48K | — | View 990 |
| 2013 | $554K | $619K | $1.7M | $58K | — | View 990 |
| 2012 | $513K | $460K | $1.7M | $25K | — | View 990 |
| 2011 | $434K | $496K | $1.6M | $27K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $673K, expenses of $530K, and assets of $2.3M (revenue +456.8% year-over-year).
- 2022: Revenue of $121K, expenses of $132K, and assets of $2.0M (revenue -70.2% year-over-year).
- 2022: Revenue of $406K, expenses of $384K, and assets of $2.1M (revenue -5.8% year-over-year).
- 2021: Revenue of $431K, expenses of $343K, and assets of $2.3M (revenue +57.2% year-over-year).
- 2020: Revenue of $274K, expenses of $236K, and assets of $2.0M (revenue -35.0% year-over-year).
- 2019: Revenue of $422K, expenses of $438K, and assets of $1.8M (revenue -41.1% year-over-year).
- 2018: Revenue of $716K, expenses of $441K, and assets of $1.9M (revenue +84.1% year-over-year).
- 2017: Revenue of $389K, expenses of $593K, and assets of $1.5M (revenue -16.6% year-over-year).
- 2016: Revenue of $466K, expenses of $541K, and assets of $1.7M (revenue +12.6% year-over-year).
- 2015: Revenue of $414K, expenses of $509K, and assets of $1.7M (revenue -12.6% year-over-year).
- 2014: Revenue of $474K, expenses of $613K, and assets of $1.8M (revenue -14.5% year-over-year).
- 2013: Revenue of $554K, expenses of $619K, and assets of $1.7M (revenue +8.0% year-over-year).
- 2012: Revenue of $513K, expenses of $460K, and assets of $1.7M (revenue +18.2% year-over-year).
- 2011: Revenue of $434K, expenses of $496K, and assets of $1.6M.
Data Sources and Methodology
This transparency report for Manchester Music Festival 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.