New Bedford Symphony Orchestra Association Inc
EIN: 42658082 · New Bedford, MA · NTEE: A69
Is New Bedford Symphony Orchestra Association Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Bedford Symphony Orchestra Association Inc
New Bedford Symphony Orchestra Association Inc (EIN: 42658082) is a nonprofit organization based in New Bedford, MA, classified under NTEE code A69. The organization reported total revenue of $3.1M and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Bedford Symphony Orchestra Association Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for New Bedford Symphony Orchestra Association 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 New Bedford Symphony Orchestra Association 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.
Frequently Asked Questions about New Bedford Symphony Orchestra Association Inc
Is New Bedford Symphony Orchestra Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, New Bedford Symphony Orchestra Association Inc (EIN: 42658082) insufficient data. 0 red flags identified, 0 strengths noted.
How does New Bedford Symphony Orchestra Association Inc spend its money?
Detailed spending breakdown data is not yet available for New Bedford Symphony Orchestra Association Inc. Check back for updated IRS 990 analysis.
Are donations to New Bedford Symphony Orchestra Association Inc tax-deductible?
New Bedford Symphony Orchestra Association Inc is registered as a tax-exempt nonprofit (EIN: 42658082). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for New Bedford Symphony Orchestra Association Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), New Bedford Symphony Orchestra Association Inc's revenue has grown by 143.9%, moving from $702K to $1.7M. Total assets increased by 1888.1% over the same period, from $259K to $5.2M. Total functional expenses rose by 109.2%, from $783K to $1.6M. In its most recent filing year (2023), New Bedford Symphony Orchestra Association Inc reported a surplus of $74K, with revenue exceeding expenses. The organization holds $110K in liabilities against $5.2M in assets (debt-to-asset ratio: 2.1%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.6M | $5.2M | $110K | — | View 990 |
| 2022 | $2.8M | $1.5M | $4.9M | $225K | — | View 990 |
| 2021 | $1.4M | $1.1M | $4.4M | $285K | — | View 990 |
| 2020 | $1.3M | $1.1M | $3.6M | $191K | — | View 990 |
| 2019 | $1.2M | $1.1M | $2.8M | $147K | — | View 990 |
| 2018 | $1.3M | $979K | $2.8M | $117K | — | View 990 |
| 2017 | $1.1M | $875K | $2.3M | $135K | — | View 990 |
| 2016 | $2.0M | $1.0M | $1.8M | $115K | — | View 990 |
| 2015 | $1.1M | $950K | $811K | $144K | — | View 990 |
| 2014 | $1.1M | $873K | $650K | $129K | — | View 990 |
| 2013 | $865K | $799K | $341K | $115K | — | View 990 |
| 2012 | $702K | $783K | $259K | $116K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.6M, and assets of $5.2M (revenue -39.3% year-over-year).
- 2022: Revenue of $2.8M, expenses of $1.5M, and assets of $4.9M (revenue +95.6% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.1M, and assets of $4.4M (revenue +10.2% year-over-year).
- 2020: Revenue of $1.3M, expenses of $1.1M, and assets of $3.6M (revenue +10.5% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $2.8M (revenue -5.3% year-over-year).
- 2018: Revenue of $1.3M, expenses of $979K, and assets of $2.8M (revenue +12.1% year-over-year).
- 2017: Revenue of $1.1M, expenses of $875K, and assets of $2.3M (revenue -43.5% year-over-year).
- 2016: Revenue of $2.0M, expenses of $1.0M, and assets of $1.8M (revenue +77.7% year-over-year).
- 2015: Revenue of $1.1M, expenses of $950K, and assets of $811K (revenue -0.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $873K, and assets of $650K (revenue +29.7% year-over-year).
- 2013: Revenue of $865K, expenses of $799K, and assets of $341K (revenue +23.2% year-over-year).
- 2012: Revenue of $702K, expenses of $783K, and assets of $259K.
Data Sources and Methodology
This transparency report for New Bedford Symphony Orchestra Association 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.