Marinus Ensemble
EIN: 452798095 · North Garden, VA · NTEE: A68
Is Marinus Ensemble Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Marinus Ensemble
Marinus Ensemble (EIN: 452798095) is a nonprofit organization based in North Garden, VA, classified under NTEE code A68. The organization reported total revenue of $305K and total assets of $372K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Marinus Ensemble's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Marinus Ensemble is a small nonprofit that has been operating for 14 years, with 5 years of IRS 990 filings on record (2018–2022). Revenue has grown at a compound annual rate of -60.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $31K |
| Surplus / Deficit | $-28,842 |
| Total Assets | $141K |
| Total Liabilities | $2K |
| Net Assets | $139K |
| Operating Margin | -1449.3% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 54.8 months |
Financial Health Grade: B
In 2022, Marinus Ensemble reported a deficit of $29K with expenses exceeding revenue, holds 54.8 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 5 years of filings (2018–2022), Marinus Ensemble's revenue has declined at a compound annual growth rate (CAGR) of -60.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -78.3% | +1682.2% | -17.0% |
| 2021 | -53.5% | -91.6% | -0.8% |
| 2020 | -39.9% | -25.7% | -6.5% |
| 2019 | -57.8% | +17.4% | -23.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Marinus Ensemble 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 Marinus Ensemble 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $29K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Marinus Ensemble
Is Marinus Ensemble a legitimate charity?
Based on AI analysis of IRS 990 filings, Marinus Ensemble (EIN: 452798095) insufficient data. 0 red flags identified, 0 strengths noted.
How does Marinus Ensemble spend its money?
Detailed spending breakdown data is not yet available for Marinus Ensemble. Check back for updated IRS 990 analysis.
Are donations to Marinus Ensemble tax-deductible?
Marinus Ensemble is registered as a tax-exempt nonprofit (EIN: 452798095). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Marinus Ensemble showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2018–2022), Marinus Ensemble's revenue has declined by 97.4%, moving from $78K to $2K. Total assets decreased by 41.2% over the same period, from $240K to $141K. Total functional expenses rose by 31.2%, from $23K to $31K. In its most recent filing year (2022), Marinus Ensemble reported a deficit of $29K, with expenses exceeding revenue. The organization holds $2K in liabilities against $141K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $139K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $2K | $31K | $141K | $2K | — | View 990 |
| 2021 | $9K | $2K | $170K | $2K | — | View 990 |
| 2020 | $20K | $20K | $171K | $11K | — | View 990 |
| 2019 | $33K | $28K | $183K | $22K | — | View 990 |
| 2018 | $78K | $23K | $240K | $84K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $2K, expenses of $31K, and assets of $141K (revenue -78.3% year-over-year).
- 2021: Revenue of $9K, expenses of $2K, and assets of $170K (revenue -53.5% year-over-year).
- 2020: Revenue of $20K, expenses of $20K, and assets of $171K (revenue -39.9% year-over-year).
- 2019: Revenue of $33K, expenses of $28K, and assets of $183K (revenue -57.8% year-over-year).
- 2018: Revenue of $78K, expenses of $23K, and assets of $240K.
Data Sources and Methodology
This transparency report for Marinus Ensemble 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.