Peoria Symphony Orchestra
EIN: 370901338 · Peoria, IL · NTEE: A690
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.5M |
| Net Assets | $4.1M |
Is Peoria 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 Peoria Symphony Orchestra
Peoria Symphony Orchestra (EIN: 370901338) is a nonprofit organization based in Peoria, IL, classified under NTEE code A690. The organization reported total revenue of $1.3M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peoria Symphony Orchestra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peoria Symphony Orchestra is a mid-size nonprofit that has been operating for 70 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.5M |
| Surplus / Deficit | $-269,909 |
| Total Assets | $4.6M |
| Total Liabilities | $404K |
| Net Assets | $4.1M |
| Operating Margin | -22.5% |
| Debt-to-Asset Ratio | 8.9% |
| Months of Reserves | 37.3 months |
Financial Health Grade: B
In 2023, Peoria Symphony Orchestra reported a deficit of $270K with expenses exceeding revenue, holds 37.3 months of operating reserves (strong position), has a debt-to-asset ratio of 8.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Peoria Symphony Orchestra's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.5% | +16.7% | -6.6% |
| 2022 | -1.0% | +45.0% | -8.0% |
| 2021 | +40.2% | -13.7% | +26.7% |
| 2020 | -18.7% | -8.6% | +0.7% |
| 2019 | -16.9% | +0.2% | -1.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2300 |
| IRS Ruling Date | 1956 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Peoria 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 Peoria 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $270K, with expenses exceeding revenue.
- Debt-to-asset ratio: 8.9%.
Frequently Asked Questions about Peoria Symphony Orchestra
Is Peoria Symphony Orchestra a legitimate charity?
Peoria Symphony Orchestra (EIN: 370901338) is a registered tax-exempt nonprofit based in Illinois. It has 12 years of IRS 990 filings on record. Total revenue: $1.3M. No red flags identified. Financial health grade: B.
How does Peoria Symphony Orchestra spend its money?
Peoria Symphony Orchestra reported $1.3M in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Peoria Symphony Orchestra tax-deductible?
Peoria Symphony Orchestra is registered as a tax-exempt nonprofit (EIN: 370901338). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Peoria Symphony Orchestra located?
Peoria Symphony Orchestra is headquartered in Peoria, Illinois and files with the IRS under EIN 370901338. It is classified under NTEE code A690.
How many years of IRS 990 filings does Peoria Symphony Orchestra have?
Peoria Symphony Orchestra has 12 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 $1.3M in total revenue.
Filing History
IRS 990 filing history for Peoria Symphony Orchestra showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Peoria Symphony Orchestra's revenue has grown by 75.7%, moving from $681K to $1.2M. Total assets increased by 21.8% over the same period, from $3.7M to $4.6M. Total functional expenses rose by 64%, from $894K to $1.5M. In its most recent filing year (2023), Peoria Symphony Orchestra reported a deficit of $270K, with expenses exceeding revenue. The organization holds $404K in liabilities against $4.6M in assets (debt-to-asset ratio: 8.9%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.5M | $4.6M | $404K | — | View 990 |
| 2022 | $1.3M | $1.3M | $4.9M | $175K | — | View 990 |
| 2021 | $1.4M | $866K | $5.3M | $168K | — | View 990 |
| 2020 | $964K | $1.0M | $4.2M | $288K | — | View 990 |
| 2019 | $1.2M | $1.1M | $4.2M | $174K | — | View 990 |
| 2018 | $1.4M | $1.1M | $4.2M | $133K | — | View 990 |
| 2017 | $996K | $995K | $4.3M | $369K | — | View 990 |
| 2016 | $1.1M | $1.2M | $4.1M | $378K | — | View 990 |
| 2015 | $1.2M | $1.2M | $4.5M | $412K | — | View 990 |
| 2014 | $1.1M | $998K | $4.4M | $323K | — | View 990 |
| 2013 | $920K | $894K | $4.2M | $339K | — | View 990 |
| 2012 | $681K | $894K | $3.7M | $275K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.5M, and assets of $4.6M (revenue -10.5% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.3M, and assets of $4.9M (revenue -1.0% year-over-year).
- 2021: Revenue of $1.4M, expenses of $866K, and assets of $5.3M (revenue +40.2% year-over-year).
- 2020: Revenue of $964K, expenses of $1.0M, and assets of $4.2M (revenue -18.7% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $4.2M (revenue -16.9% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.1M, and assets of $4.2M (revenue +43.3% year-over-year).
- 2017: Revenue of $996K, expenses of $995K, and assets of $4.3M (revenue -12.5% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $4.1M (revenue -2.5% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $4.5M (revenue +7.6% year-over-year).
- 2014: Revenue of $1.1M, expenses of $998K, and assets of $4.4M (revenue +17.9% year-over-year).
- 2013: Revenue of $920K, expenses of $894K, and assets of $4.2M (revenue +35.0% year-over-year).
- 2012: Revenue of $681K, expenses of $894K, and assets of $3.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peoria Symphony Orchestra:
Data Sources and Methodology
This transparency report for Peoria 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.