Oregon Music Hall Of Fame

Oregon Music Hall Of Fame shows consistent growth and zero reported officer compensation over a decade.

EIN: 201418824 · Portland, OR · NTEE: A50 · Updated: 2026-03-28

$461KRevenue
$589KAssets
85/100Mission Score (Excellent)
A50
Oregon Music Hall Of Fame Financial Summary
MetricValue
Total Revenue$461K
Total Expenses$349K
Program Spending90%
CEO/Top Officer Pay$460,626
Net Assets$120K
Transparency Score85/100

Is Oregon Music Hall Of Fame Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Oregon Music Hall Of Fame directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Oregon Music Hall Of Fame

Oregon Music Hall Of Fame (EIN: 201418824) is a nonprofit organization based in Portland, OR, classified under NTEE code A50. The organization reported total revenue of $461K and total assets of $589K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oregon Music Hall Of Fame's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

21Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Oregon Music Hall Of Fame is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$369K
Total Expenses$349K
Surplus / Deficit+$20K
Total Assets$493K
Total Liabilities$373K
Net Assets$120K
Operating Margin5.4%
Debt-to-Asset Ratio75.6%
Months of Reserves17.0 months

Financial Health Grade: A

In 2023, Oregon Music Hall Of Fame reported a surplus of $20K with revenue exceeding expenses, holds 17.0 months of operating reserves (strong position), has a debt-to-asset ratio of 75.6% (high leverage).

Financial Trends

Over 13 years of filings (2011–2023), Oregon Music Hall Of Fame's revenue has grown at a compound annual growth rate (CAGR) of 18.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023+15.1%+14.5%+23.0%
2022+19.1%+26.2%+18.8%
2021+228.6%+213.7%+15.0%
2020-35.6%-37.5%+54.6%
2019+18.4%+16.1%+69.0%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2005

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

AI Transparency Report

Oregon Music Hall Of Fame demonstrates consistent growth in revenue and assets over the past decade, indicating a stable and expanding financial base. For instance, revenue grew from $67,598 in 2014 to $368,952 in 2023, and assets increased from $29,795 to $493,030 in the same period. The organization consistently spends nearly all of its revenue on expenses, with a relatively small surplus each year, suggesting efficient use of funds rather than significant accumulation. For example, in 2023, expenses were $349,038 against revenues of $368,952. The organization's financial health appears sound, with a positive trend in net assets (Assets minus Liabilities) over time. Liabilities have also grown, but at a slower pace than assets, indicating a healthy balance sheet. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which speaks to a volunteer-driven leadership model and potentially lower administrative overhead. This commitment to minimizing executive pay enhances its transparency and public trust. While specific program spending percentages are not detailed in the provided data, the overall expense ratio to revenue is high, implying that most funds are directed towards its mission. The lack of reported officer compensation is a strong indicator of financial prudence and a focus on mission-related expenditures. The consistent growth and lean operational structure suggest a well-managed nonprofit.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Oregon Music Hall Of Fame with a Mission Score of 85 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

According to IRS 990 filings, Oregon Music Hall Of Fame allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

$369KTotal Revenue
$349KTotal Expenses
$493KTotal Assets
$373KTotal Liabilities
$120KNet Assets

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all 13 filings, indicating a volunteer-led executive structure or that compensation falls below reporting thresholds, which is highly unusual for an organization of its growing size (latest revenue $460,626).

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 Oregon Music Hall Of Fame's IRS 990 filings:

Strengths

The following positive indicators were identified for Oregon Music Hall Of Fame:

Frequently Asked Questions about Oregon Music Hall Of Fame

Is Oregon Music Hall Of Fame a legitimate charity?

Based on AI analysis of IRS 990 filings, Oregon Music Hall Of Fame (EIN: 201418824) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.

How does Oregon Music Hall Of Fame spend its money?

Oregon Music Hall Of Fame directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Oregon Music Hall Of Fame tax-deductible?

Oregon Music Hall Of Fame is registered as a tax-exempt nonprofit (EIN: 201418824). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Oregon Music Hall Of Fame CEO make?

Oregon Music Hall Of Fame's highest-compensated officer earns $460,626 annually. The organization reported $461K in total revenue. Executive compensation data is disclosed in IRS 990 filings.

How does Oregon Music Hall Of Fame compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Oregon Music Hall Of Fame is above average for NTEE category A50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Oregon Music Hall Of Fame located?

Oregon Music Hall Of Fame is headquartered in Portland, Oregon and files with the IRS under EIN 201418824. It is classified under NTEE code A50.

How many years of IRS 990 filings does Oregon Music Hall Of Fame have?

Oregon Music Hall Of Fame 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 $461K in total revenue.

Is Oregon Music Hall Of Fame financially stable?

Yes, the organization shows consistent revenue and asset growth, with assets increasing from $29,795 in 2014 to $493,030 in 2023, indicating strong financial stability.

How does Oregon Music Hall Of Fame manage executive compensation?

Oregon Music Hall Of Fame consistently reports 0% officer compensation across all available filings, suggesting a volunteer-driven leadership or that compensation is below reporting thresholds.

What is the trend in the organization's revenue?

The organization has experienced significant revenue growth, from $67,598 in 2014 to $368,952 in 2023, demonstrating a strong upward trend.

Filing History

IRS 990 filing history for Oregon Music Hall Of Fame showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Oregon Music Hall Of Fame's revenue has grown by 684.9%, moving from $47K to $369K. Total assets increased by 2308.4% over the same period, from $20K to $493K. Total functional expenses rose by 571.5%, from $52K to $349K. In its most recent filing year (2023), Oregon Music Hall Of Fame reported a surplus of $20K, with revenue exceeding expenses. The organization holds $373K in liabilities against $493K in assets (debt-to-asset ratio: 75.6%), resulting in net assets of $120K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $369K $349K $493K $373K
2022 $320K $305K $401K $300K View 990
2021 $269K $242K $337K $253K View 990
2020 $82K $77K $293K $236K View 990
2019 $127K $123K $190K $137K View 990
2018 $107K $106K $112K $64K View 990
2017 $157K $149K $76K $29K
2016 $99K $95K $42K $3K View 990
2015 $74K $64K $36K $1K View 990
2014 $68K $60K $30K $5K View 990
2013 $78K $73K $24K $0 View 990
2012 $60K $55K $19K $0 View 990
2011 $47K $52K $20K $0 View 990

Year-by-Year Financial Summary

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Oregon Music Hall Of Fame:

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

Data Sources and Methodology

This transparency report for Oregon Music Hall Of Fame 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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