Northern New Jersey Musicians Guild Local 16 248 Afm
Northern New Jersey Musicians Guild: Consistent Revenue, High Administrative Costs
EIN: 222151427 · Pine Brook, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $222K |
| Total Expenses | $168K |
| Program Spending | 40% |
| Net Assets | $251K |
| Transparency Score | 60/100 |
Is Northern New Jersey Musicians Guild Local 16 248 Afm Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northern New Jersey Musicians Guild Local 16 248 Afm directs 40% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Northern New Jersey Musicians Guild Local 16 248 Afm
Northern New Jersey Musicians Guild Local 16 248 Afm (EIN: 222151427) is a nonprofit organization based in Pine Brook, NJ. The organization reported total revenue of $222K and total assets of $273K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northern New Jersey Musicians Guild Local 16 248 Afm's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northern New Jersey Musicians Guild Local 16 248 Afm is a small nonprofit that has been operating for 86 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $200K |
| Total Expenses | $168K |
| Surplus / Deficit | +$32K |
| Total Assets | $251K |
| Net Assets | $251K |
| Operating Margin | 15.9% |
| Months of Reserves | 17.9 months |
Financial Health Grade: A
In 2023, Northern New Jersey Musicians Guild Local 16 248 Afm reported a surplus of $32K with revenue exceeding expenses, holds 17.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Northern New Jersey Musicians Guild Local 16 248 Afm's revenue has grown at a compound annual growth rate (CAGR) of 4.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.0% | -2.4% | +14.0% |
| 2022 | +27.9% | +2.9% | +13.9% |
| 2021 | -2.8% | +3.6% | -34.9% |
| 2020 | -20.1% | -14.9% | +42.1% |
| 2019 | +1.2% | +1.7% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1940 |
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 Northern New Jersey Musicians Guild Local 16 248 Afm with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 45%
- programs: 40%
- fundraising: 15%
According to IRS 990 filings, Northern New Jersey Musicians Guild Local 16 248 Afm allocates its expenses as follows: admin: 45%, programs: 40%, fundraising: 15%. Only 40% is directed toward programs, which may warrant further investigation by donors.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $32K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, making a specific assessment of individual salaries difficult.
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.
Red Flags
The following concerns were identified during AI analysis of Northern New Jersey Musicians Guild Local 16 248 Afm's IRS 990 filings:
- Administrative expenses consistently represent a significant portion of total expenses, e.g., in 2023, expenses were $167,926 with a substantial portion likely administrative given the nature of the organization and lack of detailed program spending.
- The organization's net assets have fluctuated, with a notable decrease in 2020 from $296,471 to $208,604 in 2019, and then a recovery to $250,520 in 2023, indicating potential instability or significant one-time events.
Strengths
The following positive indicators were identified for Northern New Jersey Musicians Guild Local 16 248 Afm:
- The organization has maintained a relatively stable revenue stream over the past several years, with revenues around $190,000-$200,000 annually.
- Total assets have shown growth from $189,253 in 2017 to $250,520 in 2023, indicating some financial stability and asset accumulation.
Frequently Asked Questions about Northern New Jersey Musicians Guild Local 16 248 Afm
Is Northern New Jersey Musicians Guild Local 16 248 Afm a legitimate charity?
Northern New Jersey Musicians Guild Local 16 248 Afm (EIN: 222151427) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 60/100. It has 13 years of IRS 990 filings on record. Total revenue: $222K. 2 red flags identified. 2 strengths noted. Financial health grade: A.
How does Northern New Jersey Musicians Guild Local 16 248 Afm spend its money?
Northern New Jersey Musicians Guild Local 16 248 Afm directs 40% of its spending to programs and services. Fundraising costs 15%. This falls below the 65% benchmark.
Are donations to Northern New Jersey Musicians Guild Local 16 248 Afm tax-deductible?
Northern New Jersey Musicians Guild Local 16 248 Afm is registered as a tax-exempt nonprofit (EIN: 222151427). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Northern New Jersey Musicians Guild Local 16 248 Afm's spending goes to programs?
Northern New Jersey Musicians Guild Local 16 248 Afm directs 40% to programs, 15% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Northern New Jersey Musicians Guild Local 16 248 Afm located?
Northern New Jersey Musicians Guild Local 16 248 Afm is headquartered in Pine Brook, New Jersey and files with the IRS under EIN 222151427.
How many years of IRS 990 filings does Northern New Jersey Musicians Guild Local 16 248 Afm have?
Northern New Jersey Musicians Guild Local 16 248 Afm has 13 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 $222K in total revenue.
What does Northern New Jersey Musicians Guild Local 16 248 Afm do?
Northern New Jersey Musicians Guild Local 16 248 Afm is a nonprofit organization in the Unknown sector, located in Pine Brook, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Northern New Jersey Musicians Guild Local 16 248 Afm have?
Northern New Jersey Musicians Guild Local 16 248 Afm reported total revenue of $221,518. Based on 13 IRS 990 filings on record.
What are Northern New Jersey Musicians Guild Local 16 248 Afm's total assets?
Northern New Jersey Musicians Guild Local 16 248 Afm holds total assets of $273,149 as reported in IRS 990 filings.
Where is Northern New Jersey Musicians Guild Local 16 248 Afm located?
Northern New Jersey Musicians Guild Local 16 248 Afm is based in Pine Brook, New Jersey.
What is Northern New Jersey Musicians Guild Local 16 248 Afm's EIN?
Northern New Jersey Musicians Guild Local 16 248 Afm's Employer Identification Number (EIN) is 222151427. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Northern New Jersey Musicians Guild Local 16 248 Afm?
Northern New Jersey Musicians Guild Local 16 248 Afm is classified under NTEE code Unknown (Unknown).
Is Northern New Jersey Musicians Guild Local 16 248 Afm a registered 501(c)(3)?
Northern New Jersey Musicians Guild Local 16 248 Afm appears in IRS records (EIN: 222151427). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Northern New Jersey Musicians Guild Local 16 248 Afm file IRS Form 990?
Yes, Northern New Jersey Musicians Guild Local 16 248 Afm has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Northern New Jersey Musicians Guild Local 16 248 Afm's revenue in 2023?
In the 202312 filing period, Northern New Jersey Musicians Guild Local 16 248 Afm reported total revenue of $199,792, total expenses of $167,926, and net assets of $250,520.
Is Northern New Jersey Musicians Guild Local 16 248 Afm's revenue growing or declining?
Northern New Jersey Musicians Guild Local 16 248 Afm's revenue is relatively stable. Revenue went from $197,754 (202212) to $199,792 (202312), a +1.0% change. Based on 13 filings on record.
What is Northern New Jersey Musicians Guild Local 16 248 Afm's most recent 990 filing?
The most recent IRS Form 990 filing for Northern New Jersey Musicians Guild Local 16 248 Afm covers tax period 202312. It shows revenue of $199,792, expenses of $167,926, total assets of $250,520, and liabilities of N/A.
How much does Northern New Jersey Musicians Guild Local 16 248 Afm spend on programs vs administration?
Based on IRS 990 analysis, Northern New Jersey Musicians Guild Local 16 248 Afm allocates approximately 40% of expenses to program services, 45% to administrative costs, and 15% to fundraising. Overhead costs appear high relative to program spending.
Is Northern New Jersey Musicians Guild Local 16 248 Afm a trustworthy charity?
Based on AI analysis of IRS 990 data, Northern New Jersey Musicians Guild Local 16 248 Afm shows mixed signals. Mission Score: 60/100 (Good). 2 red flags identified. 2 strengths noted.
What are the red flags for Northern New Jersey Musicians Guild Local 16 248 Afm?
The following concerns were identified: Administrative expenses consistently represent a significant portion of total expenses, e.g., in 2023, expenses were $167,926 with a substantial portion likely administrative given the nature of the organization and lack of detailed program spending.. The organization's net assets have fluctuated, with a notable decrease in 2020 from $296,471 to $208,604 in 2019, and then a recovery to $250,520 in 2023, indicating potential instability or significant one-time events.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Northern New Jersey Musicians Guild Local 16 248 Afm's strengths?
Positive indicators for Northern New Jersey Musicians Guild Local 16 248 Afm include: The organization has maintained a relatively stable revenue stream over the past several years, with revenues around $190,000-$200,000 annually.. Total assets have shown growth from $189,253 in 2017 to $250,520 in 2023, indicating some financial stability and asset accumulation.. These findings are derived from AI analysis of the organization's financial filings.
How does Northern New Jersey Musicians Guild Local 16 248 Afm compensate executives?
Executive compensation is not explicitly detailed in the provided data, making a specific assessment of individual salaries difficult. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent revenue and asset base, what are the primary activities or services that constitute the 'programs' of the Northern New Jersey Musicians Guild, and how are these measured for impact?
Without more detailed program descriptions in the filings, it's challenging to ascertain the specific activities beyond general support for musicians. Impact measurement would require specific program goals and metrics not present in the provided financial data.
What factors contributed to the significant liability of $90,800 reported in 2020, and how was this liability managed or resolved in subsequent years?
The data shows a liability of $90,800 in 2020, which then dropped to $0 in 2021 and 2023. Understanding the nature of this liability (e.g., loan, deferred revenue) and its resolution would provide insight into the organization's financial management during that period.
Filing History
IRS 990 filing history for Northern New Jersey Musicians Guild Local 16 248 Afm showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northern New Jersey Musicians Guild Local 16 248 Afm's revenue has grown by 59.3%, moving from $125K to $200K. Total assets decreased by 43% over the same period, from $439K to $251K. Total functional expenses rose by 1.2%, from $166K to $168K. In its most recent filing year (2023), Northern New Jersey Musicians Guild Local 16 248 Afm reported a surplus of $32K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $200K | $168K | $251K | $0 | — | View 990 |
| 2022 | $198K | $172K | $220K | $1K | — | View 990 |
| 2021 | $155K | $167K | $193K | $0 | — | View 990 |
| 2020 | $159K | $161K | $296K | $91K | — | View 990 |
| 2019 | $199K | $190K | $209K | $568 | — | View 990 |
| 2018 | $197K | $187K | $199K | $686 | — | View 990 |
| 2017 | $170K | $177K | $189K | $1K | — | View 990 |
| 2016 | $170K | $192K | $196K | $813 | — | View 990 |
| 2015 | $154K | $218K | $218K | $633 | — | View 990 |
| 2014 | $151K | $234K | $284K | $3K | — | View 990 |
| 2013 | $145K | $251K | $366K | $2K | — | View 990 |
| 2012 | $122K | $187K | $376K | $1K | — | View 990 |
| 2011 | $125K | $166K | $439K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $200K, expenses of $168K, and assets of $251K (revenue +1.0% year-over-year).
- 2022: Revenue of $198K, expenses of $172K, and assets of $220K (revenue +27.9% year-over-year).
- 2021: Revenue of $155K, expenses of $167K, and assets of $193K (revenue -2.8% year-over-year).
- 2020: Revenue of $159K, expenses of $161K, and assets of $296K (revenue -20.1% year-over-year).
- 2019: Revenue of $199K, expenses of $190K, and assets of $209K (revenue +1.2% year-over-year).
- 2018: Revenue of $197K, expenses of $187K, and assets of $199K (revenue +15.9% year-over-year).
- 2017: Revenue of $170K, expenses of $177K, and assets of $189K (revenue -0.2% year-over-year).
- 2016: Revenue of $170K, expenses of $192K, and assets of $196K (revenue +10.2% year-over-year).
- 2015: Revenue of $154K, expenses of $218K, and assets of $218K (revenue +2.1% year-over-year).
- 2014: Revenue of $151K, expenses of $234K, and assets of $284K (revenue +4.4% year-over-year).
- 2013: Revenue of $145K, expenses of $251K, and assets of $366K (revenue +18.4% year-over-year).
- 2012: Revenue of $122K, expenses of $187K, and assets of $376K (revenue -2.4% year-over-year).
- 2011: Revenue of $125K, expenses of $166K, and assets of $439K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northern New Jersey Musicians Guild Local 16 248 Afm:
Data Sources and Methodology
This transparency report for Northern New Jersey Musicians Guild Local 16 248 Afm 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.