Merrimack Concert Association

Merrimack Concert Association maintains strong asset reserves with volunteer leadership despite fluctuating annual revenues and occasional operating deficits.

EIN: 20441061 · Merrimack, NH · Updated: 2026-03-28

$32KRevenue

$100KAssets

85/100Mission Score (Excellent)

Is Merrimack Concert Association Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Merrimack Concert Association directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Merrimack Concert Association

Merrimack Concert Association (EIN: 20441061) is a nonprofit organization based in Merrimack, NH. The organization reported total revenue of $32K and total assets of $100K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Merrimack Concert Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Merrimack Concert Association demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. For instance, in 2023, with revenue of $17,880, its assets stood at $100,948, indicating a strong reserve. The organization consistently reports zero liabilities across all available filings, which is a significant positive indicator of financial health and low risk. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the consistent reporting of 0% officer compensation across all periods suggests a volunteer-driven leadership, which can contribute to lower overhead costs and higher efficiency in resource allocation towards its mission.

However, the organization's revenue has fluctuated, ranging from a low of $11,219 in 2018 to a high of $36,248 in 2022. Expenses have also varied, sometimes exceeding revenue, such as in 2023 ($17,880 revenue vs. $22,033 expenses) and 2019 ($19,255 revenue vs. $22,467 expenses). Despite these fluctuations and occasional deficits, the organization has maintained and grown its assets over time, from $7,731 in 2019 to $100,948 in 2023, suggesting effective financial management and possibly reliance on accumulated reserves or non-operating income to cover shortfalls. The lack of detailed expense categories in the provided data limits a precise assessment of spending efficiency, but the absence of officer compensation is a strong positive for transparency and efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Merrimack Concert Association 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: 85%
fundraising: 5%

According to IRS 990 filings, Merrimack Concert Association 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.

Executive Compensation Analysis

The Merrimack Concert Association consistently reports 0% officer compensation across all available filings, indicating a volunteer-led organization. This significantly reduces administrative overhead and suggests that resources are primarily directed towards the organization's mission.

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 Merrimack Concert Association's IRS 990 filings:

Occasional operating deficits where expenses exceed revenue (e.g., $22,033 expenses vs. $17,880 revenue in 2023).

Strengths

The following positive indicators were identified for Merrimack Concert Association:

Consistent reporting of 0% officer compensation, indicating volunteer leadership and efficient use of funds.
Zero liabilities reported across all available filings, demonstrating strong financial health and low debt.
Significant growth and maintenance of asset reserves, from $7,731 in 2019 to $100,948 in 2023, providing long-term stability.
Strong asset base relative to annual revenue, providing a buffer against financial fluctuations.

Frequently Asked Questions about Merrimack Concert Association

Is Merrimack Concert Association a legitimate charity?

Based on AI analysis of IRS 990 filings, Merrimack Concert Association (EIN: 20441061) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Merrimack Concert Association spend its money?

Merrimack Concert Association directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Merrimack Concert Association tax-deductible?

Merrimack Concert Association is registered as a tax-exempt nonprofit (EIN: 20441061). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Merrimack Concert Association cover its expenses when revenue is less than expenses?

The organization likely covers deficits, such as the $4,153 deficit in 2023 ($17,880 revenue vs. $22,033 expenses), by drawing from its substantial asset reserves, which stood at $100,948 in 2023. This is a common practice for organizations with healthy endowments or accumulated savings.

What is the trend in the organization's assets?

The organization's assets have shown significant growth over time, from $7,731 in 2019 to $100,948 in 2023, indicating effective long-term financial management and accumulation of reserves.

Is the organization financially stable given its fluctuating revenue?

Yes, despite fluctuating revenues, the organization appears financially stable due to its consistent reporting of zero liabilities and a robust asset base that can absorb periods of lower income or higher expenses, as evidenced by assets of $100,948 against $17,880 revenue in 2023.

Filing History

IRS 990 filing history for Merrimack Concert Association showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Merrimack Concert Association's revenue has declined by 22.5%, moving from $23K to $18K. Total assets increased by 45.5% over the same period, from $69K to $101K. Total functional expenses fell by 17.3%, from $27K to $22K. In its most recent filing year (2023), Merrimack Concert Association reported a deficit of $4K, with expenses exceeding revenue.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$18K	$22K	$101K	$0	—	View 990
2022	$36K	$26K	$105K	$0	—	View 990
2021	$15K	$875	$96K	$0	—	View 990
2020	$19K	$17K	$82K	$0	—	View 990
2019	$19K	$22K	$8K	$0	—	View 990
2018	$11K	$25K	$81K	$0	—	—
2017	$30K	$28K	$93K	$0	—	View 990
2016	$31K	$28K	$90K	$0	—	View 990
2015	$28K	$27K	$86K	$0	—	View 990
2014	$24K	$27K	$83K	$0	—	View 990
2013	$36K	$24K	$83K	$0	—	View 990
2012	$31K	$29K	$69K	$0	—	View 990
2011	$23K	$27K	$69K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $18K, expenses of $22K, and assets of $101K (revenue -50.7% year-over-year).
2022: Revenue of $36K, expenses of $26K, and assets of $105K (revenue +144.4% year-over-year).
2021: Revenue of $15K, expenses of $875, and assets of $96K (revenue -21.2% year-over-year).
2020: Revenue of $19K, expenses of $17K, and assets of $82K (revenue -2.3% year-over-year).
2019: Revenue of $19K, expenses of $22K, and assets of $8K (revenue +71.6% year-over-year).
2018: Revenue of $11K, expenses of $25K, and assets of $81K (revenue -62.7% year-over-year).
2017: Revenue of $30K, expenses of $28K, and assets of $93K (revenue -2.8% year-over-year).
2016: Revenue of $31K, expenses of $28K, and assets of $90K (revenue +10.1% year-over-year).
2015: Revenue of $28K, expenses of $27K, and assets of $86K (revenue +16.1% year-over-year).
2014: Revenue of $24K, expenses of $27K, and assets of $83K (revenue -32.9% year-over-year).
2013: Revenue of $36K, expenses of $24K, and assets of $83K (revenue +17.4% year-over-year).
2012: Revenue of $31K, expenses of $29K, and assets of $69K (revenue +33.3% year-over-year).
2011: Revenue of $23K, expenses of $27K, and assets of $69K.

Data Sources and Methodology

This transparency report for Merrimack Concert Association 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.