Olympia Symphony Orchestra
EIN: 916087694 · Tumwater, WA
Is Olympia Symphony Orchestra Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Olympia Symphony Orchestra
Olympia Symphony Orchestra (EIN: 916087694) is a nonprofit organization based in Tumwater, WA. The organization reported total revenue of $569K and total assets of $982K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Olympia Symphony Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Olympia Symphony Orchestra 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 Olympia Symphony Orchestra 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 Olympia Symphony Orchestra
Is Olympia Symphony Orchestra a legitimate charity?
Based on AI analysis of IRS 990 filings, Olympia Symphony Orchestra (EIN: 916087694) insufficient data. 0 red flags identified, 0 strengths noted.
How does Olympia Symphony Orchestra spend its money?
Detailed spending breakdown data is not yet available for Olympia Symphony Orchestra. Check back for updated IRS 990 analysis.
Are donations to Olympia Symphony Orchestra tax-deductible?
Olympia Symphony Orchestra is registered as a tax-exempt nonprofit (EIN: 916087694). 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 Olympia Symphony Orchestra showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Olympia Symphony Orchestra's revenue has grown by 41.5%, moving from $307K to $435K. Total assets increased by 176.5% over the same period, from $371K to $1.0M. Total functional expenses rose by 47%, from $318K to $468K. In its most recent filing year (2023), Olympia Symphony Orchestra reported a deficit of $34K, with expenses exceeding revenue. The organization holds $57K in liabilities against $1.0M in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $970K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $435K | $468K | $1.0M | $57K | — | View 990 |
| 2022 | $486K | $429K | $986K | $36K | — | View 990 |
| 2021 | $368K | $166K | $1.1M | $40K | — | — |
| 2020 | $283K | $337K | $434K | $50K | — | View 990 |
| 2019 | $413K | $363K | $517K | $80K | — | View 990 |
| 2018 | $372K | $337K | $468K | $82K | — | View 990 |
| 2017 | $365K | $326K | $440K | $88K | — | View 990 |
| 2016 | $364K | $357K | $388K | $76K | — | View 990 |
| 2015 | $335K | $359K | $389K | $84K | — | View 990 |
| 2014 | $335K | $330K | $410K | $81K | — | View 990 |
| 2013 | $367K | $347K | $407K | $84K | — | View 990 |
| 2012 | $355K | $337K | $388K | $92K | — | View 990 |
| 2011 | $307K | $318K | $371K | $88K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $435K, expenses of $468K, and assets of $1.0M (revenue -10.6% year-over-year).
- 2022: Revenue of $486K, expenses of $429K, and assets of $986K (revenue +32.0% year-over-year).
- 2021: Revenue of $368K, expenses of $166K, and assets of $1.1M (revenue +29.9% year-over-year).
- 2020: Revenue of $283K, expenses of $337K, and assets of $434K (revenue -31.4% year-over-year).
- 2019: Revenue of $413K, expenses of $363K, and assets of $517K (revenue +11.1% year-over-year).
- 2018: Revenue of $372K, expenses of $337K, and assets of $468K (revenue +1.9% year-over-year).
- 2017: Revenue of $365K, expenses of $326K, and assets of $440K (revenue +0.3% year-over-year).
- 2016: Revenue of $364K, expenses of $357K, and assets of $388K (revenue +8.6% year-over-year).
- 2015: Revenue of $335K, expenses of $359K, and assets of $389K (revenue +0.0% year-over-year).
- 2014: Revenue of $335K, expenses of $330K, and assets of $410K (revenue -8.8% year-over-year).
- 2013: Revenue of $367K, expenses of $347K, and assets of $407K (revenue +3.4% year-over-year).
- 2012: Revenue of $355K, expenses of $337K, and assets of $388K (revenue +15.7% year-over-year).
- 2011: Revenue of $307K, expenses of $318K, and assets of $371K.
Data Sources and Methodology
This transparency report for Olympia Symphony Orchestra 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.