Mountain Top Music Center

Mountain Top Music Center consistently operates with surpluses and no reported officer compensation, demonstrating strong financial health and program focus.

EIN: 20492280 · Conway, NH · NTEE: A6BZ · Updated: 2026-03-28

$866KRevenue
$858KGross Revenue
$3.6MAssets
90/100Mission Score (Excellent)
A6BZ
Mountain Top Music Center Financial Summary
MetricValue
Total Revenue$866K
Total Expenses$594K
Program Spending85%
Net Assets$3.1M
Transparency Score90/100

Is Mountain Top Music Center Legit?

Appears Legitimate

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
NoneRed Flags

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

Mountain Top Music Center directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Mountain Top Music Center

Mountain Top Music Center (EIN: 20492280) is a nonprofit organization based in Conway, NH, classified under NTEE code A6BZ. The organization reported total revenue of $866K and total assets of $3.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mountain Top Music Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

29Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Mountain Top Music Center is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$654K
Total Expenses$594K
Surplus / Deficit+$60K
Total Assets$3.5M
Total Liabilities$402K
Net Assets$3.1M
Operating Margin9.1%
Debt-to-Asset Ratio11.6%
Months of Reserves69.9 months

Financial Health Grade: A

In 2023, Mountain Top Music Center reported a surplus of $60K with revenue exceeding expenses, holds 69.9 months of operating reserves (strong position), has a debt-to-asset ratio of 11.6% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Mountain Top Music Center's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.

YearRevenue ChangeExpense ChangeAsset Change
2023+22.1%-3.8%+0.5%
2022-11.0%+26.5%-5.1%
2021+78.6%+7.5%-0.2%
2020-29.2%+32.8%+12.4%
2019-73.7%+6.2%+11.2%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date1997

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

Mountain Top Music Center demonstrates consistent financial health with a strong program focus. In the latest filing (202306), the organization reported revenue of $653,784 against expenses of $594,074, indicating a surplus. Over the past five years, revenue has generally trended upwards, from $337,014 in 202006 to $653,784 in 202306, with a notable peak of $1,812,835 in 201806. The organization maintains a healthy asset base, growing from $292,920 in 201406 to $3,462,329 in 202306, significantly exceeding its liabilities of $402,221 in the latest period. The organization's spending efficiency appears strong, with a significant portion of expenses directed towards programs. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the consistent operational surpluses in most years suggest effective management of resources. The absence of reported officer compensation across all filings indicates a volunteer-led or very lean executive structure, which can contribute to lower administrative overhead and higher program spending efficiency. Transparency is high given the consistent filing of IRS Form 990s over 13 periods and the clear financial reporting. The lack of officer compensation further enhances trust, as it suggests resources are not being diverted to high executive salaries. The organization's financial trajectory shows responsible growth and a commitment to its mission.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Mountain Top Music Center with a Mission Score of 90 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

According to IRS 990 filings, Mountain Top Music Center 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.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$654KTotal Revenue
$594KTotal Expenses
$3.5MTotal Assets
$402KTotal Liabilities
$3.1MNet Assets

Executive Compensation Analysis

Mountain Top Music Center reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure or that executive roles are compensated through other means not classified as officer compensation, which generally suggests a highly efficient use of funds for its 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.

Strengths

The following positive indicators were identified for Mountain Top Music Center:

Frequently Asked Questions about Mountain Top Music Center

Is Mountain Top Music Center a legitimate charity?

Based on AI analysis of IRS 990 filings, Mountain Top Music Center (EIN: 20492280) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

How does Mountain Top Music Center spend its money?

Mountain Top Music Center directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Mountain Top Music Center tax-deductible?

Mountain Top Music Center is registered as a tax-exempt nonprofit (EIN: 20492280). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Mountain Top Music Center's spending goes to programs?

Mountain Top Music Center directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Mountain Top Music Center compare to similar nonprofits?

With a transparency score of 90/100 (Excellent), Mountain Top Music Center is above average for NTEE category A6BZ nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Mountain Top Music Center located?

Mountain Top Music Center is headquartered in Conway, New Hampshire and files with the IRS under EIN 20492280. It is classified under NTEE code A6BZ.

How many years of IRS 990 filings does Mountain Top Music Center have?

Mountain Top Music Center has 13 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 $866K in total revenue.

Is Mountain Top Music Center a good charity?

Based on the provided data, Mountain Top Music Center appears to be a good charity. It consistently operates with financial surpluses (e.g., $59,710 surplus in 202306), maintains a strong asset base ($3,462,329 in 202306), and reports no officer compensation, suggesting a high dedication of resources to its mission.

How has Mountain Top Music Center's revenue trended over the past few years?

Mountain Top Music Center's revenue has shown growth in recent years, increasing from $337,014 in 202006 to $653,784 in 202306, with a notable peak of $1,812,835 in 201806, indicating a generally positive fundraising and operational trend.

What is the organization's financial stability?

The organization demonstrates strong financial stability. Its assets of $3,462,329 in 202306 significantly outweigh its liabilities of $402,221, providing a substantial cushion and indicating long-term solvency.

Filing History

IRS 990 filing history for Mountain Top Music Center showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Mountain Top Music Center's revenue has grown by 147.3%, moving from $264K to $654K. Total assets increased by 1039.9% over the same period, from $304K to $3.5M. Total functional expenses rose by 128.8%, from $260K to $594K. In its most recent filing year (2023), Mountain Top Music Center reported a surplus of $60K, with revenue exceeding expenses. The organization holds $402K in liabilities against $3.5M in assets (debt-to-asset ratio: 11.6%), resulting in net assets of $3.1M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $654K $594K $3.5M $402K View 990
2022 $535K $617K $3.4M $423K View 990
2021 $602K $488K $3.6M $530K View 990
2020 $337K $454K $3.6M $701K View 990
2019 $476K $342K $3.2M $195K View 990
2018 $1.8M $322K $2.9M $16K View 990
2017 $881K $307K $1.5M $77K View 990
2016 $722K $334K $961K $176K View 990
2015 $429K $315K $595K $191K View 990
2014 $307K $306K $293K $7K View 990
2013 $303K $286K $288K $4K View 990
2012 $245K $277K $271K $5K View 990
2011 $264K $260K $304K $5K View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Mountain Top Music Center:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Mountain Top Music Center 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.

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