New Mexico Symphonic Chorus
EIN: 451261027 · Albuquerque, NM · NTEE: T19
| Metric | Value |
|---|---|
| Total Revenue | $58K |
| Total Expenses | $239K |
| Net Assets | $113K |
Is New Mexico Symphonic Chorus Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Mexico Symphonic Chorus
New Mexico Symphonic Chorus (EIN: 451261027) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code T19. The organization reported total revenue of $58K and total assets of $84K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Mexico Symphonic Chorus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Mexico Symphonic Chorus is a micro nonprofit that has been operating for 15 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 17.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $236K |
| Total Expenses | $239K |
| Surplus / Deficit | $-2,653 |
| Total Assets | $115K |
| Total Liabilities | $2K |
| Net Assets | $113K |
| Operating Margin | -1.1% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 5.8 months |
Financial Health Grade: B
In 2024, New Mexico Symphonic Chorus reported a deficit of $3K with expenses exceeding revenue, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), New Mexico Symphonic Chorus's revenue has grown at a compound annual growth rate (CAGR) of 17.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +58.1% | +18.1% | -3.7% |
| 2023 | -46.5% | +8.6% | -30.0% |
| 2022 | +37.6% | +34.6% | +42.0% |
| 2021 | +8.2% | -33.8% | +240.2% |
| 2020 | -12.9% | -4.5% | -2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Mexico Symphonic Chorus 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 Mexico Symphonic Chorus 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about New Mexico Symphonic Chorus
Is New Mexico Symphonic Chorus a legitimate charity?
New Mexico Symphonic Chorus (EIN: 451261027) is a registered tax-exempt nonprofit based in New Mexico. It has 14 years of IRS 990 filings on record. Total revenue: $58K. No red flags identified. Financial health grade: B.
How does New Mexico Symphonic Chorus spend its money?
New Mexico Symphonic Chorus reported $58K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Mexico Symphonic Chorus tax-deductible?
New Mexico Symphonic Chorus is registered as a tax-exempt nonprofit (EIN: 451261027). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Mexico Symphonic Chorus located?
New Mexico Symphonic Chorus is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 451261027. It is classified under NTEE code T19.
How many years of IRS 990 filings does New Mexico Symphonic Chorus have?
New Mexico Symphonic Chorus has 14 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 $58K in total revenue.
Filing History
IRS 990 filing history for New Mexico Symphonic Chorus showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), New Mexico Symphonic Chorus's revenue has grown by 703.8%, moving from $29K to $236K. Total assets increased by 377.9% over the same period, from $24K to $115K. Total functional expenses rose by 1242.4%, from $18K to $239K. In its most recent filing year (2024), New Mexico Symphonic Chorus reported a deficit of $3K, with expenses exceeding revenue. The organization holds $2K in liabilities against $115K in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $113K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $236K | $239K | $115K | $2K | — | — |
| 2023 | $149K | $202K | $120K | $3K | — | View 990 |
| 2022 | $279K | $186K | $171K | $2K | — | View 990 |
| 2021 | $203K | $138K | $120K | $44K | — | — |
| 2020 | $187K | $209K | $35K | $24K | — | View 990 |
| 2019 | $215K | $219K | $36K | $4K | — | View 990 |
| 2018 | $243K | $229K | $39K | $3K | — | View 990 |
| 2017 | $265K | $258K | $34K | $12K | — | View 990 |
| 2016 | $210K | $207K | $29K | $14K | — | View 990 |
| 2015 | $217K | $221K | $37K | $25K | — | View 990 |
| 2014 | $243K | $232K | $33K | $17K | — | View 990 |
| 2013 | $249K | $277K | $48K | $42K | — | View 990 |
| 2012 | $239K | $217K | $62K | $28K | — | View 990 |
| 2011 | $29K | $18K | $24K | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $236K, expenses of $239K, and assets of $115K (revenue +58.1% year-over-year).
- 2023: Revenue of $149K, expenses of $202K, and assets of $120K (revenue -46.5% year-over-year).
- 2022: Revenue of $279K, expenses of $186K, and assets of $171K (revenue +37.6% year-over-year).
- 2021: Revenue of $203K, expenses of $138K, and assets of $120K (revenue +8.2% year-over-year).
- 2020: Revenue of $187K, expenses of $209K, and assets of $35K (revenue -12.9% year-over-year).
- 2019: Revenue of $215K, expenses of $219K, and assets of $36K (revenue -11.5% year-over-year).
- 2018: Revenue of $243K, expenses of $229K, and assets of $39K (revenue -8.3% year-over-year).
- 2017: Revenue of $265K, expenses of $258K, and assets of $34K (revenue +26.7% year-over-year).
- 2016: Revenue of $210K, expenses of $207K, and assets of $29K (revenue -3.7% year-over-year).
- 2015: Revenue of $217K, expenses of $221K, and assets of $37K (revenue -10.5% year-over-year).
- 2014: Revenue of $243K, expenses of $232K, and assets of $33K (revenue -2.4% year-over-year).
- 2013: Revenue of $249K, expenses of $277K, and assets of $48K (revenue +4.4% year-over-year).
- 2012: Revenue of $239K, expenses of $217K, and assets of $62K (revenue +712.8% year-over-year).
- 2011: Revenue of $29K, expenses of $18K, and assets of $24K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Mexico Symphonic Chorus:
Data Sources and Methodology
This transparency report for New Mexico Symphonic Chorus 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.