Olga Kern International Piano Competition Inc
EIN: 465769650 · Albuquerque, NM · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $152K |
| Total Expenses | $190K |
| Net Assets | $57K |
Is Olga Kern International Piano Competition Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Olga Kern International Piano Competition Inc
Olga Kern International Piano Competition Inc (EIN: 465769650) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code A68. The organization reported total revenue of $152K and total assets of $117K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olga Kern International Piano Competition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Olga Kern International Piano Competition Inc is a small nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $190K |
| Surplus / Deficit | $-84,641 |
| Total Assets | $57K |
| Total Liabilities | $250 |
| Net Assets | $57K |
| Operating Margin | -80.7% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 3.6 months |
Financial Health Grade: B
In 2023, Olga Kern International Piano Competition Inc reported a deficit of $85K with expenses exceeding revenue, holds 3.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Olga Kern International Piano Competition Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.5% | +111.4% | -59.7% |
| 2022 | +50.8% | +46.1% | +90.5% |
| 2021 | -26.2% | -70.3% | +146.4% |
| 2020 | +19.3% | +160.6% | -68.4% |
| 2019 | +18.6% | +61.8% | +70.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Olga Kern International Piano Competition 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 Olga Kern International Piano Competition 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $85K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Olga Kern International Piano Competition Inc
Is Olga Kern International Piano Competition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Olga Kern International Piano Competition Inc (EIN: 465769650) insufficient data. 0 red flags identified, 0 strengths noted.
How does Olga Kern International Piano Competition Inc spend its money?
Detailed spending breakdown data is not yet available for Olga Kern International Piano Competition Inc. Check back for updated IRS 990 analysis.
Are donations to Olga Kern International Piano Competition Inc tax-deductible?
Olga Kern International Piano Competition Inc is registered as a tax-exempt nonprofit (EIN: 465769650). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Olga Kern International Piano Competition Inc located?
Olga Kern International Piano Competition Inc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 465769650. It is classified under NTEE code A68.
How many years of IRS 990 filings does Olga Kern International Piano Competition Inc have?
Olga Kern International Piano Competition Inc has 9 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 $152K in total revenue.
Filing History
IRS 990 filing history for Olga Kern International Piano Competition Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Olga Kern International Piano Competition Inc's revenue has grown by 86.3%, moving from $56K to $105K. Total assets increased by 4.8% over the same period, from $55K to $57K. Total functional expenses rose by 4382.9%, from $4K to $190K. In its most recent filing year (2023), Olga Kern International Piano Competition Inc reported a deficit of $85K, with expenses exceeding revenue. The organization holds $250 in liabilities against $57K in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $57K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $105K | $190K | $57K | $250 | — | View 990 |
| 2022 | $158K | $90K | $142K | $193 | — | View 990 |
| 2021 | $105K | $61K | $74K | $1K | — | View 990 |
| 2020 | $142K | $207K | $30K | $57 | — | View 990 |
| 2019 | $119K | $79K | $96K | $193 | — | View 990 |
| 2018 | $100K | $49K | $56K | $27 | — | View 990 |
| 2017 | $136K | $206K | $5K | $215 | — | View 990 |
| 2016 | $70K | $47K | $79K | $4K | — | View 990 |
| 2015 | $56K | $4K | $55K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $105K, expenses of $190K, and assets of $57K (revenue -33.5% year-over-year).
- 2022: Revenue of $158K, expenses of $90K, and assets of $142K (revenue +50.8% year-over-year).
- 2021: Revenue of $105K, expenses of $61K, and assets of $74K (revenue -26.2% year-over-year).
- 2020: Revenue of $142K, expenses of $207K, and assets of $30K (revenue +19.3% year-over-year).
- 2019: Revenue of $119K, expenses of $79K, and assets of $96K (revenue +18.6% year-over-year).
- 2018: Revenue of $100K, expenses of $49K, and assets of $56K (revenue -26.3% year-over-year).
- 2017: Revenue of $136K, expenses of $206K, and assets of $5K (revenue +95.0% year-over-year).
- 2016: Revenue of $70K, expenses of $47K, and assets of $79K (revenue +23.8% year-over-year).
- 2015: Revenue of $56K, expenses of $4K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Olga Kern International Piano Competition Inc:
Data Sources and Methodology
This transparency report for Olga Kern International Piano Competition 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.