Pemigewasset Choral Society
Pemigewasset Choral Society operates with no executive compensation, maintaining stable assets despite occasional deficits.
EIN: 20331666 · Meredith, NH · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $76K |
| Program Spending | 90% |
| Net Assets | $46K |
| Transparency Score | 95/100 |
Is Pemigewasset Choral Society Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pemigewasset Choral Society directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pemigewasset Choral Society
Pemigewasset Choral Society (EIN: 20331666) is a nonprofit organization based in Meredith, NH. The organization reported total revenue of $61K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pemigewasset Choral Society's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pemigewasset Choral Society is a micro nonprofit that has been operating for 48 years, with 6 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $66K |
| Total Expenses | $76K |
| Surplus / Deficit | $-10,081 |
| Total Assets | $46K |
| Net Assets | $46K |
| Operating Margin | -15.3% |
| Months of Reserves | 7.3 months |
Financial Health Grade: B
In 2024, Pemigewasset Choral Society reported a deficit of $10K with expenses exceeding revenue, holds 7.3 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2012–2024), Pemigewasset Choral Society's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +208.9% | +291.9% | +14.0% |
| 2016 | +0.7% | -10.0% | +5.1% |
| 2015 | -16.4% | -30.0% | -0.9% |
| 2014 | +44.9% | +3.7% | -12.3% |
| 2013 | -55.9% | +10.9% | -21.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Pemigewasset Choral Society with a Mission Score of 95 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
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Pemigewasset Choral Society 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating a volunteer-led organization. This is highly commendable for an organization of its size, as it ensures that all funds are directed towards operational costs and program delivery rather than salaries.
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.
Strengths
The following positive indicators were identified for Pemigewasset Choral Society:
- 0% Officer Compensation: All funds are directed towards the mission, not executive salaries.
- No Liabilities: Consistently reports $0 in liabilities, indicating strong financial management.
- Stable Asset Base: Assets have remained relatively stable over time, ranging from $38,707 to $56,757, demonstrating financial resilience.
- Consistent Filing History: Six IRS 990 filings indicate good transparency and compliance.
- Volunteer-Driven Model: The absence of executive compensation strongly suggests a highly dedicated volunteer base.
Frequently Asked Questions about Pemigewasset Choral Society
Is Pemigewasset Choral Society a legitimate charity?
Based on AI analysis of IRS 990 filings, Pemigewasset Choral Society (EIN: 20331666) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Pemigewasset Choral Society spend its money?
Pemigewasset Choral Society directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pemigewasset Choral Society tax-deductible?
Pemigewasset Choral Society is registered as a tax-exempt nonprofit (EIN: 20331666). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pemigewasset Choral Society located?
Pemigewasset Choral Society is headquartered in Meredith, New Hampshire and files with the IRS under EIN 20331666.
How many years of IRS 990 filings does Pemigewasset Choral Society have?
Pemigewasset Choral Society has 6 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 $61K in total revenue.
Is Pemigewasset Choral Society a good charity?
Based on the available IRS 990 data, Pemigewasset Choral Society appears to be a very good charity. It operates with 0% officer compensation, indicating a volunteer-driven model, and maintains stable assets with no liabilities. This suggests a highly efficient and mission-focused organization.
How does Pemigewasset Choral Society manage its expenses?
The organization manages its expenses very efficiently, primarily by operating without any paid executive staff (0% officer compensation). This allows a significant portion of its revenue to be allocated directly to program activities and essential administrative functions, as seen in its consistent, albeit small, operational scale.
What is the trend in Pemigewasset Choral Society's revenue and expenses?
Revenue and expenses have fluctuated over the years. For example, revenue increased significantly from $21,379 in 201605 to $66,039 in 202405. Expenses have also varied, with the latest period (202405) showing expenses of $76,120 exceeding revenue, while earlier periods like 201205 showed revenue exceeding expenses ($39,719 vs $26,829).
Filing History
IRS 990 filing history for Pemigewasset Choral Society showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2012–2024), Pemigewasset Choral Society's revenue has grown by 66.3%, moving from $40K to $66K. Total assets decreased by 18.3% over the same period, from $57K to $46K. Total functional expenses rose by 183.7%, from $27K to $76K. In its most recent filing year (2024), Pemigewasset Choral Society reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $66K | $76K | $46K | $0 | — | — |
| 2016 | $21K | $19K | $41K | $0 | — | View 990 |
| 2015 | $21K | $22K | $39K | $0 | — | View 990 |
| 2014 | $25K | $31K | $39K | $0 | — | View 990 |
| 2013 | $18K | $30K | $45K | $0 | — | View 990 |
| 2012 | $40K | $27K | $57K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $66K, expenses of $76K, and assets of $46K (revenue +208.9% year-over-year).
- 2016: Revenue of $21K, expenses of $19K, and assets of $41K (revenue +0.7% year-over-year).
- 2015: Revenue of $21K, expenses of $22K, and assets of $39K (revenue -16.4% year-over-year).
- 2014: Revenue of $25K, expenses of $31K, and assets of $39K (revenue +44.9% year-over-year).
- 2013: Revenue of $18K, expenses of $30K, and assets of $45K (revenue -55.9% year-over-year).
- 2012: Revenue of $40K, expenses of $27K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pemigewasset Choral Society:
Data Sources and Methodology
This transparency report for Pemigewasset Choral Society 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.