Monroe Symphony Orchestra Inc Monroe Symphony Orchestra
EIN: 720716521 · Monroe, LA · NTEE: A69Z
| Metric | Value |
|---|---|
| Total Revenue | $110K |
| Total Expenses | $132K |
| Net Assets | $47K |
Is Monroe Symphony Orchestra Inc Monroe Symphony Orchestra Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Monroe Symphony Orchestra Inc Monroe Symphony Orchestra
Monroe Symphony Orchestra Inc Monroe Symphony Orchestra (EIN: 720716521) is a nonprofit organization based in Monroe, LA, classified under NTEE code A69Z. The organization reported total revenue of $110K and total assets of $27K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Monroe Symphony Orchestra Inc Monroe Symphony Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Monroe Symphony Orchestra Inc Monroe Symphony Orchestra is a small nonprofit that has been operating for 54 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $121K |
| Total Expenses | $132K |
| Surplus / Deficit | $-10,357 |
| Total Assets | $47K |
| Net Assets | $47K |
| Operating Margin | -8.5% |
| Months of Reserves | 4.3 months |
Financial Health Grade: B
In 2024, Monroe Symphony Orchestra Inc Monroe Symphony Orchestra reported a deficit of $10K with expenses exceeding revenue, holds 4.3 months of operating reserves (adequate).
Financial Trends
Over 14 years of filings (2011–2024), Monroe Symphony Orchestra Inc Monroe Symphony Orchestra's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +65.1% | +3.0% | -18.1% |
| 2023 | -51.9% | +50.2% | -48.7% |
| 2022 | +702.8% | +312.2% | +153.9% |
| 2021 | -86.9% | -83.0% | -4.8% |
| 2020 | -22.7% | -34.6% | +101.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1972 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Monroe Symphony Orchestra Inc Monroe Symphony Orchestra 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 Monroe Symphony Orchestra Inc Monroe Symphony Orchestra 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about Monroe Symphony Orchestra Inc Monroe Symphony Orchestra
Is Monroe Symphony Orchestra Inc Monroe Symphony Orchestra a legitimate charity?
Monroe Symphony Orchestra Inc Monroe Symphony Orchestra (EIN: 720716521) is a registered tax-exempt nonprofit based in Louisiana. It has 14 years of IRS 990 filings on record. Total revenue: $110K. No red flags identified. Financial health grade: B.
How does Monroe Symphony Orchestra Inc Monroe Symphony Orchestra spend its money?
Monroe Symphony Orchestra Inc Monroe Symphony Orchestra reported $110K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Monroe Symphony Orchestra Inc Monroe Symphony Orchestra tax-deductible?
Monroe Symphony Orchestra Inc Monroe Symphony Orchestra is registered as a tax-exempt nonprofit (EIN: 720716521). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Monroe Symphony Orchestra Inc Monroe Symphony Orchestra located?
Monroe Symphony Orchestra Inc Monroe Symphony Orchestra is headquartered in Monroe, Louisiana and files with the IRS under EIN 720716521. It is classified under NTEE code A69Z.
How many years of IRS 990 filings does Monroe Symphony Orchestra Inc Monroe Symphony Orchestra have?
Monroe Symphony Orchestra Inc Monroe Symphony Orchestra has 14 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 $110K in total revenue.
Filing History
IRS 990 filing history for Monroe Symphony Orchestra Inc Monroe Symphony Orchestra showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Monroe Symphony Orchestra Inc Monroe Symphony Orchestra's revenue has declined by 8.1%, moving from $132K to $121K. Total assets decreased by 9.1% over the same period, from $52K to $47K. Total functional expenses fell by 3.9%, from $137K to $132K. In its most recent filing year (2024), Monroe Symphony Orchestra Inc Monroe Symphony Orchestra reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $121K | $132K | $47K | $0 | — | View 990 |
| 2023 | $74K | $128K | $57K | $0 | — | — |
| 2022 | $153K | $85K | $112K | $0 | — | View 990 |
| 2021 | $19K | $21K | $44K | $0 | — | — |
| 2020 | $145K | $121K | $46K | $589 | — | View 990 |
| 2019 | $188K | $185K | $23K | $2K | — | View 990 |
| 2018 | $129K | $160K | $20K | $1K | — | View 990 |
| 2017 | $180K | $194K | $54K | $3K | — | View 990 |
| 2016 | $214K | $197K | $68K | $4K | — | View 990 |
| 2015 | $194K | $197K | $50K | $2K | — | View 990 |
| 2014 | $206K | $182K | $93K | $850 | — | View 990 |
| 2013 | $153K | $139K | $69K | $1K | — | View 990 |
| 2012 | $131K | $128K | $55K | $1K | — | View 990 |
| 2011 | $132K | $137K | $52K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $121K, expenses of $132K, and assets of $47K (revenue +65.1% year-over-year).
- 2023: Revenue of $74K, expenses of $128K, and assets of $57K (revenue -51.9% year-over-year).
- 2022: Revenue of $153K, expenses of $85K, and assets of $112K (revenue +702.8% year-over-year).
- 2021: Revenue of $19K, expenses of $21K, and assets of $44K (revenue -86.9% year-over-year).
- 2020: Revenue of $145K, expenses of $121K, and assets of $46K (revenue -22.7% year-over-year).
- 2019: Revenue of $188K, expenses of $185K, and assets of $23K (revenue +45.6% year-over-year).
- 2018: Revenue of $129K, expenses of $160K, and assets of $20K (revenue -28.3% year-over-year).
- 2017: Revenue of $180K, expenses of $194K, and assets of $54K (revenue -15.9% year-over-year).
- 2016: Revenue of $214K, expenses of $197K, and assets of $68K (revenue +10.3% year-over-year).
- 2015: Revenue of $194K, expenses of $197K, and assets of $50K (revenue -6.0% year-over-year).
- 2014: Revenue of $206K, expenses of $182K, and assets of $93K (revenue +34.5% year-over-year).
- 2013: Revenue of $153K, expenses of $139K, and assets of $69K (revenue +16.9% year-over-year).
- 2012: Revenue of $131K, expenses of $128K, and assets of $55K (revenue -0.8% year-over-year).
- 2011: Revenue of $132K, expenses of $137K, and assets of $52K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Monroe Symphony Orchestra Inc Monroe Symphony Orchestra:
Data Sources and Methodology
This transparency report for Monroe Symphony Orchestra Inc Monroe Symphony Orchestra 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.