Music On The Hill Inc
EIN: 453695948 · Georgetown, CT · NTEE: A65
| Metric | Value |
|---|---|
| Total Revenue | $313K |
| Total Expenses | $182K |
| Net Assets | $825K |
Is Music On The Hill Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Music On The Hill Inc
Music On The Hill Inc (EIN: 453695948) is a nonprofit organization based in Georgetown, CT, classified under NTEE code A65. The organization reported total revenue of $313K and total assets of $904K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Music On The Hill Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Music On The Hill Inc is a small nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 24.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $721K |
| Total Expenses | $182K |
| Surplus / Deficit | +$539K |
| Total Assets | $825K |
| Net Assets | $825K |
| Operating Margin | 74.8% |
| Months of Reserves | 54.5 months |
Financial Health Grade: A
In 2023, Music On The Hill Inc reported a surplus of $539K with revenue exceeding expenses, holds 54.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2012–2023), Music On The Hill Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +133.5% | +3.3% | +188.3% |
| 2022 | +103.4% | +46.2% | +160.5% |
| 2021 | +12.3% | +19.1% | +39.9% |
| 2020 | +20.0% | -14.9% | +69.2% |
| 2019 | +1.8% | +17.7% | -8.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Music On The Hill Inc 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 Music On The Hill Inc 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 $539K, with revenue exceeding expenses.
Frequently Asked Questions about Music On The Hill Inc
Is Music On The Hill Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Music On The Hill Inc (EIN: 453695948) insufficient data. 0 red flags identified, 0 strengths noted.
How does Music On The Hill Inc spend its money?
Detailed spending breakdown data is not yet available for Music On The Hill Inc. Check back for updated IRS 990 analysis.
Are donations to Music On The Hill Inc tax-deductible?
Music On The Hill Inc is registered as a tax-exempt nonprofit (EIN: 453695948). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Music On The Hill Inc located?
Music On The Hill Inc is headquartered in Georgetown, Connecticut and files with the IRS under EIN 453695948. It is classified under NTEE code A65.
How many years of IRS 990 filings does Music On The Hill Inc have?
Music On The Hill Inc has 12 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 $313K in total revenue.
Filing History
IRS 990 filing history for Music On The Hill Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Music On The Hill Inc's revenue has grown by 1037.7%, moving from $63K to $721K. Total assets increased by 17778.3% over the same period, from $5K to $825K. Total functional expenses rose by 209.5%, from $59K to $182K. In its most recent filing year (2023), Music On The Hill Inc reported a surplus of $539K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $721K | $182K | $825K | $0 | — | — |
| 2022 | $309K | $176K | $286K | $0 | — | — |
| 2021 | $152K | $120K | $110K | $0 | — | View 990 |
| 2020 | $135K | $101K | $79K | $-520 | — | View 990 |
| 2019 | $113K | $119K | $46K | $1K | — | View 990 |
| 2018 | $111K | $101K | $51K | $2K | — | View 990 |
| 2017 | $97K | $105K | $39K | $0 | — | View 990 |
| 2016 | $108K | $105K | $47K | $27 | — | View 990 |
| 2015 | $132K | $112K | $45K | $498 | — | View 990 |
| 2014 | $118K | $104K | $24K | $0 | — | View 990 |
| 2013 | $88K | $82K | $10K | $0 | — | View 990 |
| 2012 | $63K | $59K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $721K, expenses of $182K, and assets of $825K (revenue +133.5% year-over-year).
- 2022: Revenue of $309K, expenses of $176K, and assets of $286K (revenue +103.4% year-over-year).
- 2021: Revenue of $152K, expenses of $120K, and assets of $110K (revenue +12.3% year-over-year).
- 2020: Revenue of $135K, expenses of $101K, and assets of $79K (revenue +20.0% year-over-year).
- 2019: Revenue of $113K, expenses of $119K, and assets of $46K (revenue +1.8% year-over-year).
- 2018: Revenue of $111K, expenses of $101K, and assets of $51K (revenue +14.5% year-over-year).
- 2017: Revenue of $97K, expenses of $105K, and assets of $39K (revenue -10.2% year-over-year).
- 2016: Revenue of $108K, expenses of $105K, and assets of $47K (revenue -18.6% year-over-year).
- 2015: Revenue of $132K, expenses of $112K, and assets of $45K (revenue +11.9% year-over-year).
- 2014: Revenue of $118K, expenses of $104K, and assets of $24K (revenue +34.5% year-over-year).
- 2013: Revenue of $88K, expenses of $82K, and assets of $10K (revenue +38.9% year-over-year).
- 2012: Revenue of $63K, expenses of $59K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Music On The Hill Inc:
Data Sources and Methodology
This transparency report for Music On The Hill Inc 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.