Mason Music Foundation
EIN: 475443760 · Birmingham, AL · NTEE: A25
| Metric | Value |
|---|---|
| Total Revenue | $184K |
| Total Expenses | $111K |
| Net Assets | $278K |
Is Mason Music Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mason Music Foundation
Mason Music Foundation (EIN: 475443760) is a nonprofit organization based in Birmingham, AL, classified under NTEE code A25. The organization reported total revenue of $184K and total assets of $281K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mason Music Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mason Music Foundation is a small nonprofit that has been operating for 10 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 14.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $164K |
| Total Expenses | $111K |
| Surplus / Deficit | +$53K |
| Total Assets | $284K |
| Total Liabilities | $6K |
| Net Assets | $278K |
| Operating Margin | 32.3% |
| Debt-to-Asset Ratio | 2.0% |
| Months of Reserves | 30.6 months |
Financial Health Grade: A
In 2023, Mason Music Foundation reported a surplus of $53K with revenue exceeding expenses, holds 30.6 months of operating reserves (strong position), has a debt-to-asset ratio of 2.0% (very low leverage).
Financial Trends
Over 4 years of filings (2020–2023), Mason Music Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -7.4% | +15.9% | +25.9% |
| 2022 | +33.7% | +5.6% | +56.6% |
| 2021 | +22.7% | +76.8% | +36.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Mason Music 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 Mason Music 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:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.0%.
Frequently Asked Questions about Mason Music Foundation
Is Mason Music Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Mason Music Foundation (EIN: 475443760) insufficient data. 0 red flags identified, 0 strengths noted.
How does Mason Music Foundation spend its money?
Detailed spending breakdown data is not yet available for Mason Music Foundation. Check back for updated IRS 990 analysis.
Are donations to Mason Music Foundation tax-deductible?
Mason Music Foundation is registered as a tax-exempt nonprofit (EIN: 475443760). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Mason Music Foundation located?
Mason Music Foundation is headquartered in Birmingham, Alabama and files with the IRS under EIN 475443760. It is classified under NTEE code A25.
How many years of IRS 990 filings does Mason Music Foundation have?
Mason Music Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $184K in total revenue.
Filing History
IRS 990 filing history for Mason Music Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Mason Music Foundation's revenue has grown by 51.9%, moving from $108K to $164K. Total assets increased by 168.3% over the same period, from $106K to $284K. Total functional expenses rose by 116.2%, from $51K to $111K. In its most recent filing year (2023), Mason Music Foundation reported a surplus of $53K, with revenue exceeding expenses. The organization holds $6K in liabilities against $284K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $278K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $164K | $111K | $284K | $6K | — | View 990 |
| 2022 | $178K | $96K | $225K | $524 | — | View 990 |
| 2021 | $133K | $91K | $144K | $524 | — | — |
| 2020 | $108K | $51K | $106K | $4K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $164K, expenses of $111K, and assets of $284K (revenue -7.4% year-over-year).
- 2022: Revenue of $178K, expenses of $96K, and assets of $225K (revenue +33.7% year-over-year).
- 2021: Revenue of $133K, expenses of $91K, and assets of $144K (revenue +22.7% year-over-year).
- 2020: Revenue of $108K, expenses of $51K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mason Music Foundation:
Data Sources and Methodology
This transparency report for Mason Music 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.