New Hampshire Philharmonic Orchestra Incorporated

New Hampshire Philharmonic Orchestra shows consistent revenue growth and strong asset accumulation with no reported executive compensation.

EIN: 20373094 · Concord, NH · Updated: 2026-03-28

$219KRevenue
$219KGross Revenue
$151KAssets
90/100Mission Score (Excellent)
New Hampshire Philharmonic Orchestra Incorporated Financial Summary
MetricValue
Total Revenue$219K
Total Expenses$213K
Program Spending85%
CEO/Top Officer Pay$278,577.
Net Assets$112K
Transparency Score90/100

Is New Hampshire Philharmonic Orchestra Incorporated 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 →

New Hampshire Philharmonic Orchestra Incorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About New Hampshire Philharmonic Orchestra Incorporated

New Hampshire Philharmonic Orchestra Incorporated (EIN: 20373094) is a nonprofit organization based in Concord, NH. The organization reported total revenue of $219K and total assets of $151K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Hampshire Philharmonic Orchestra Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

42Years Operating
SmallSize Classification
16Years of Filings
MixedRevenue Trajectory

New Hampshire Philharmonic Orchestra Incorporated is a small nonprofit that has been operating for 42 years, with 16 years of IRS 990 filings on record (2009–2024). Revenue has grown at a compound annual rate of 2.0%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$279K
Total Expenses$213K
Surplus / Deficit+$66K
Total Assets$175K
Total Liabilities$64K
Net Assets$112K
Operating Margin23.6%
Debt-to-Asset Ratio36.2%
Months of Reserves9.9 months

Financial Health Grade: A

In 2024, New Hampshire Philharmonic Orchestra Incorporated reported a surplus of $66K with revenue exceeding expenses, holds 9.9 months of operating reserves (strong position), has a debt-to-asset ratio of 36.2% (moderate leverage).

Financial Trends

Over 16 years of filings (2009–2024), New Hampshire Philharmonic Orchestra Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.

YearRevenue ChangeExpense ChangeAsset Change
2024+34.8%+25.5%+56.3%
2023+50.4%+34.5%+25.4%
2022+168.7%+157.7%-3.8%
2021-54.5%-58.5%+2.4%
2020+4.1%+12.7%+23.8%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date1984

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

AI Transparency Report

The New Hampshire Philharmonic Orchestra Incorporated demonstrates a generally stable financial trajectory, with recent years showing consistent revenue growth. In the latest filing (202406), the organization reported revenues of $278,577 against expenses of $212,877, resulting in a surplus that has contributed to a healthy increase in assets to $175,360. This growth is a positive indicator of financial health, especially when compared to earlier periods like 202106 where revenue was only $51,130. The organization's liabilities have also shown a decreasing trend from a high of $93,500 in 202006 and 202106 to $63,562 in 202406, further strengthening its financial position. Spending efficiency appears to be reasonable, with expenses consistently below revenue in recent years, indicating effective management of resources. The absence of reported officer compensation across all available filings suggests that the organization relies heavily on volunteer leadership, which can significantly reduce administrative overhead and maximize funds directed towards its mission. This commitment to volunteerism enhances its spending efficiency and allows a greater proportion of its budget to support program activities. Transparency is high given the consistent filing of IRS Form 990s over 16 periods, providing a comprehensive historical view of its financial operations. The detailed financial data available allows for a clear understanding of its revenue, expenses, assets, and liabilities. The lack of officer compensation also simplifies the analysis of how funds are allocated, reinforcing a perception of good governance and a focus on the orchestral mission rather than executive remuneration.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates New Hampshire Philharmonic Orchestra Incorporated 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

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, New Hampshire Philharmonic Orchestra Incorporated 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 (2024)

From the most recent IRS 990 filing on record:

$279KTotal Revenue
$213KTotal Expenses
$175KTotal Assets
$64KTotal Liabilities
$112KNet Assets
  • The organization reported a surplus of $66K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 36.2%.

Executive Compensation Analysis

No officer compensation has been reported across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for an organization of its size with revenues reaching $278,577.

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 New Hampshire Philharmonic Orchestra Incorporated:

  • Consistent revenue growth, with revenue increasing from $51,130 in 202106 to $278,577 in 202406.
  • Strong asset accumulation, with assets growing from $89,497 in 202206 to $175,360 in 202406.
  • No reported officer compensation across all filings, indicating volunteer leadership and efficient use of funds.
  • Expenses consistently below revenue in recent years (e.g., $212,877 expenses vs. $278,577 revenue in 202406), demonstrating good financial management.
  • Decreasing liabilities from $93,500 in 202006 to $63,562 in 202406, improving financial stability.

Frequently Asked Questions about New Hampshire Philharmonic Orchestra Incorporated

Is New Hampshire Philharmonic Orchestra Incorporated a legitimate charity?

New Hampshire Philharmonic Orchestra Incorporated (EIN: 20373094) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 90/100. It has 16 years of IRS 990 filings on record. Total revenue: $219K. No red flags identified. 5 strengths noted. Financial health grade: A.

How does New Hampshire Philharmonic Orchestra Incorporated spend its money?

New Hampshire Philharmonic Orchestra Incorporated directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to New Hampshire Philharmonic Orchestra Incorporated tax-deductible?

New Hampshire Philharmonic Orchestra Incorporated is registered as a tax-exempt nonprofit (EIN: 20373094). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the New Hampshire Philharmonic Orchestra Incorporated CEO make?

New Hampshire Philharmonic Orchestra Incorporated's highest-compensated officer earns $278,577. annually. The organization reported $219K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

What percentage of New Hampshire Philharmonic Orchestra Incorporated's spending goes to programs?

New Hampshire Philharmonic Orchestra Incorporated directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is New Hampshire Philharmonic Orchestra Incorporated located?

New Hampshire Philharmonic Orchestra Incorporated is headquartered in Concord, New Hampshire and files with the IRS under EIN 20373094.

How many years of IRS 990 filings does New Hampshire Philharmonic Orchestra Incorporated have?

New Hampshire Philharmonic Orchestra Incorporated has 16 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 $219K in total revenue.

Is New Hampshire Philharmonic Orchestra Incorporated a good charity?

Based on the available IRS 990 data, the New Hampshire Philharmonic Orchestra Incorporated appears to be a good charity. It demonstrates strong financial health with consistent revenue growth and increasing assets, efficient spending with expenses consistently below revenue in recent years, and high transparency through regular filings and no reported executive compensation.

How has the organization's financial health changed over time?

The organization's financial health has significantly improved. Revenue has grown from $51,130 in 202106 to $278,577 in 202406, and assets have increased from $89,497 in 202206 to $175,360 in 202406. Liabilities have also decreased from a high of $93,500 in 202006 to $63,562 in 202406, indicating a stronger balance sheet.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is to have none. All available IRS 990 filings show 0% officer compensation, suggesting that the leadership operates on a volunteer basis, which is a significant strength in terms of resource allocation.

Filing History

IRS 990 filing history for New Hampshire Philharmonic Orchestra Incorporated showing financial trends over 16 years of public records:

Over 16 years of IRS 990 filings (2009–2024), New Hampshire Philharmonic Orchestra Incorporated's revenue has grown by 35.1%, moving from $206K to $279K. Total assets increased by 78.2% over the same period, from $98K to $175K. Total functional expenses rose by 0.7%, from $211K to $213K. In its most recent filing year (2024), New Hampshire Philharmonic Orchestra Incorporated reported a surplus of $66K, with revenue exceeding expenses. The organization holds $64K in liabilities against $175K in assets (debt-to-asset ratio: 36.2%), resulting in net assets of $112K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $279K $213K $175K $64K
2023 $207K $170K $112K $64K View 990
2022 $137K $126K $89K $79K View 990
2021 $51K $49K $93K $94K
2020 $112K $118K $91K $94K View 990
2019 $108K $105K $73K $71K View 990
2018 $65K $82K $70K $70K
2017 $66K $78K $77K $60K View 990
2016 $77K $102K $71K $43K View 990
2015 $63K $84K $83K $30K View 990
2014 $99K $72K $85K $10K View 990
2013 $127K $104K $11K $10K View 990
2012 $150K $179K $9K $24K View 990
2011 $147K $205K $32K $30K View 990
2010 $155K $209K $71K $20K View 990
2009 $206K $211K $98K $0 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $279K, expenses of $213K, and assets of $175K (revenue +34.8% year-over-year).
  • 2023: Revenue of $207K, expenses of $170K, and assets of $112K (revenue +50.4% year-over-year).
  • 2022: Revenue of $137K, expenses of $126K, and assets of $89K (revenue +168.7% year-over-year).
  • 2021: Revenue of $51K, expenses of $49K, and assets of $93K (revenue -54.5% year-over-year).
  • 2020: Revenue of $112K, expenses of $118K, and assets of $91K (revenue +4.1% year-over-year).
  • 2019: Revenue of $108K, expenses of $105K, and assets of $73K (revenue +66.4% year-over-year).
  • 2018: Revenue of $65K, expenses of $82K, and assets of $70K (revenue -1.5% year-over-year).
  • 2017: Revenue of $66K, expenses of $78K, and assets of $77K (revenue -14.5% year-over-year).
  • 2016: Revenue of $77K, expenses of $102K, and assets of $71K (revenue +22.8% year-over-year).
  • 2015: Revenue of $63K, expenses of $84K, and assets of $83K (revenue -36.6% year-over-year).
  • 2014: Revenue of $99K, expenses of $72K, and assets of $85K (revenue -22.4% year-over-year).
  • 2013: Revenue of $127K, expenses of $104K, and assets of $11K (revenue -15.2% year-over-year).
  • 2012: Revenue of $150K, expenses of $179K, and assets of $9K (revenue +2.4% year-over-year).
  • 2011: Revenue of $147K, expenses of $205K, and assets of $32K (revenue -5.6% year-over-year).
  • 2010: Revenue of $155K, expenses of $209K, and assets of $71K (revenue -24.6% year-over-year).
  • 2009: Revenue of $206K, expenses of $211K, and assets of $98K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for New Hampshire Philharmonic Orchestra Incorporated:

2024 Filing 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 2010 Filing 2009 Filing

Data Sources and Methodology

This transparency report for New Hampshire Philharmonic Orchestra Incorporated 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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