Nashville Philharmonic Orchestra
Nashville Philharmonic Orchestra shows consistent revenue growth and strong financial health with no officer compensation.
EIN: 200787704 · Nashville, TN · NTEE: A69 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $123K |
| Total Expenses | $65K |
| Program Spending | 90% |
| Net Assets | $133K |
| Transparency Score | 92/100 |
Is Nashville Philharmonic Orchestra Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Nashville Philharmonic Orchestra directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Nashville Philharmonic Orchestra
Nashville Philharmonic Orchestra (EIN: 200787704) is a nonprofit organization based in Nashville, TN, classified under NTEE code A69. The organization reported total revenue of $123K and total assets of $131K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Nashville Philharmonic Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Nashville Philharmonic Orchestra is a small nonprofit that has been operating for 21 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 7.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $67K |
| Total Expenses | $65K |
| Surplus / Deficit | +$2K |
| Total Assets | $133K |
| Net Assets | $133K |
| Operating Margin | 3.2% |
| Months of Reserves | 24.6 months |
Financial Health Grade: A
In 2023, Nashville Philharmonic Orchestra reported a surplus of $2K with revenue exceeding expenses, holds 24.6 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Nashville Philharmonic Orchestra's revenue has grown at a compound annual growth rate (CAGR) of 7.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.9% | +49.4% | +1.6% |
| 2022 | -5.1% | +104.9% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Nashville Philharmonic Orchestra with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Nashville Philharmonic Orchestra allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% 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:
- The organization reported a surplus of $2K, with revenue exceeding expenses.
Executive Compensation Analysis
The Nashville Philharmonic Orchestra reports 0% officer compensation across all three filing periods, indicating that executive leadership is either unpaid or compensated through other means not classified as officer compensation, which is highly efficient for a nonprofit of its size.
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 Nashville Philharmonic Orchestra:
- Consistent revenue growth from $58,019 (2021) to $67,125 (2023).
- Zero officer compensation reported across all three filing periods.
- Healthy asset growth from $119,658 (2021) to $133,398 (2023).
- No reported liabilities, indicating strong financial health and responsible management.
- Expenses are well-managed relative to revenue, allowing for asset accumulation.
Frequently Asked Questions about Nashville Philharmonic Orchestra
Is Nashville Philharmonic Orchestra a legitimate charity?
Nashville Philharmonic Orchestra (EIN: 200787704) is a registered tax-exempt nonprofit based in Tennessee. Our AI analysis gives it a Mission Score of 92/100. It has 3 years of IRS 990 filings on record. Total revenue: $123K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Nashville Philharmonic Orchestra spend its money?
Nashville Philharmonic Orchestra directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Nashville Philharmonic Orchestra tax-deductible?
Nashville Philharmonic Orchestra is registered as a tax-exempt nonprofit (EIN: 200787704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Nashville Philharmonic Orchestra's spending goes to programs?
Nashville Philharmonic Orchestra directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Nashville Philharmonic Orchestra compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Nashville Philharmonic Orchestra is above average for NTEE category A69 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Nashville Philharmonic Orchestra located?
Nashville Philharmonic Orchestra is headquartered in Nashville, Tennessee and files with the IRS under EIN 200787704. It is classified under NTEE code A69.
How many years of IRS 990 filings does Nashville Philharmonic Orchestra have?
Nashville Philharmonic Orchestra has 3 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 $123K in total revenue.
Is the Nashville Philharmonic Orchestra a good charity?
Based on the provided data, the Nashville Philharmonic Orchestra appears to be a very good charity. It demonstrates consistent revenue growth, healthy asset accumulation, no liabilities, and most notably, 0% officer compensation, suggesting a strong dedication of resources to its mission.
How has the organization's revenue changed over time?
The organization's revenue has shown consistent growth, increasing from $58,019 in 2021 to $67,125 in 2023, indicating growing support and financial stability.
What is the organization's financial stability like?
The Nashville Philharmonic Orchestra exhibits strong financial stability, with growing assets ($133,398 in 2023) and no reported liabilities across all three filing periods, indicating responsible financial management.
Filing History
IRS 990 filing history for Nashville Philharmonic Orchestra showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Nashville Philharmonic Orchestra's revenue has grown by 15.7%, moving from $58K to $67K. Total assets increased by 11.5% over the same period, from $120K to $133K. Total functional expenses rose by 206.2%, from $21K to $65K. In its most recent filing year (2023), Nashville Philharmonic Orchestra reported a surplus of $2K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $67K | $65K | $133K | $0 | — | View 990 |
| 2022 | $55K | $43K | $131K | $0 | — | View 990 |
| 2021 | $58K | $21K | $120K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $67K, expenses of $65K, and assets of $133K (revenue +21.9% year-over-year).
- 2022: Revenue of $55K, expenses of $43K, and assets of $131K (revenue -5.1% year-over-year).
- 2021: Revenue of $58K, expenses of $21K, and assets of $120K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Nashville Philharmonic Orchestra:
Data Sources and Methodology
This transparency report for Nashville Philharmonic 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.