Piffaro The Renaissance Band
Piffaro: Renaissance Music, Modern Financials
EIN: 222645180 · Philadelphia, PA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $792K |
| Total Expenses | $412K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $0 |
| Net Assets | $521K |
| Transparency Score | 85/100 |
Is Piffaro The Renaissance Band Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Piffaro The Renaissance Band directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Piffaro The Renaissance Band
Piffaro The Renaissance Band (EIN: 222645180) is a nonprofit organization based in Philadelphia, PA. The organization reported total revenue of $792K and total assets of $870K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Piffaro The Renaissance Band's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Piffaro The Renaissance Band is a small nonprofit that has been operating for 41 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $467K |
| Total Expenses | $412K |
| Surplus / Deficit | +$55K |
| Total Assets | $612K |
| Total Liabilities | $91K |
| Net Assets | $521K |
| Operating Margin | 11.7% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 17.8 months |
Financial Health Grade: A
In 2024, Piffaro The Renaissance Band reported a surplus of $55K with revenue exceeding expenses, holds 17.8 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Piffaro The Renaissance Band's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.1% | +7.9% | +23.7% |
| 2023 | +10.7% | -4.6% | +10.6% |
| 2022 | +8.0% | +20.7% | -6.2% |
| 2021 | +17.4% | +2.5% | +0.2% |
| 2020 | -50.6% | -20.1% | -0.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Piffaro The Renaissance Band 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
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Piffaro The Renaissance Band allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $55K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.9%.
Executive Compensation Analysis
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led organization or that compensation is covered by another entity.
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 Piffaro The Renaissance Band's IRS 990 filings:
- The organization's net assets have shown some volatility, with a notable dip in 2018 and 2022, warranting further investigation into the causes.
- While revenue has generally increased, expenses have also risen, leading to fluctuating net income year-over-year.
Strengths
The following positive indicators were identified for Piffaro The Renaissance Band:
- Piffaro has demonstrated consistent revenue generation over several years, indicating a stable donor base and successful fundraising efforts.
- The organization maintains a healthy level of assets relative to its annual expenses, suggesting good financial management.
- The consistent reporting of $0 executive compensation is a significant strength, indicating efficient use of funds directly for mission-related activities.
Frequently Asked Questions about Piffaro The Renaissance Band
Is Piffaro The Renaissance Band a legitimate charity?
Piffaro The Renaissance Band (EIN: 222645180) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $792K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Piffaro The Renaissance Band spend its money?
Piffaro The Renaissance Band directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Piffaro The Renaissance Band tax-deductible?
Piffaro The Renaissance Band is registered as a tax-exempt nonprofit (EIN: 222645180). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Piffaro The Renaissance Band CEO make?
Piffaro The Renaissance Band's highest-compensated officer earns $0 annually. The organization reported $792K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Piffaro The Renaissance Band's spending goes to programs?
Piffaro The Renaissance Band directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Piffaro The Renaissance Band located?
Piffaro The Renaissance Band is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 222645180.
How many years of IRS 990 filings does Piffaro The Renaissance Band have?
Piffaro The Renaissance Band has 14 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 $792K in total revenue.
What does Piffaro The Renaissance Band do?
Piffaro The Renaissance Band is a nonprofit organization in the Unknown sector, located in Philadelphia, Pennsylvania. It is classified under NTEE code Unknown.
How much revenue does Piffaro The Renaissance Band have?
Piffaro The Renaissance Band reported total revenue of $792,482. Based on 14 IRS 990 filings on record.
What are Piffaro The Renaissance Band's total assets?
Piffaro The Renaissance Band holds total assets of $869,645 as reported in IRS 990 filings.
Where is Piffaro The Renaissance Band located?
Piffaro The Renaissance Band is based in Philadelphia, Pennsylvania.
What is Piffaro The Renaissance Band's EIN?
Piffaro The Renaissance Band's Employer Identification Number (EIN) is 222645180. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Piffaro The Renaissance Band?
Piffaro The Renaissance Band is classified under NTEE code Unknown (Unknown).
Is Piffaro The Renaissance Band a registered 501(c)(3)?
Piffaro The Renaissance Band appears in IRS records (EIN: 222645180). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Piffaro The Renaissance Band file IRS Form 990?
Yes, Piffaro The Renaissance Band has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Piffaro The Renaissance Band's revenue in 2024?
In the 202406 filing period, Piffaro The Renaissance Band reported total revenue of $467,116, total expenses of $412,376, and net assets of $612,162.
Is Piffaro The Renaissance Band's revenue growing or declining?
Piffaro The Renaissance Band's revenue is growing. Revenue went from $416,567 (202306) to $467,116 (202406), a +12.1% change. Based on 14 filings on record.
What is Piffaro The Renaissance Band's most recent 990 filing?
The most recent IRS Form 990 filing for Piffaro The Renaissance Band covers tax period 202406. It shows revenue of $467,116, expenses of $412,376, total assets of $612,162, and liabilities of $91,217.
How much does Piffaro The Renaissance Band spend on programs vs administration?
Based on IRS 990 analysis, Piffaro The Renaissance Band allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Piffaro The Renaissance Band a trustworthy charity?
Based on AI analysis of IRS 990 data, Piffaro The Renaissance Band appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for Piffaro The Renaissance Band?
The following concerns were identified: The organization's net assets have shown some volatility, with a notable dip in 2018 and 2022, warranting further investigation into the causes.. While revenue has generally increased, expenses have also risen, leading to fluctuating net income year-over-year.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Piffaro The Renaissance Band's strengths?
Positive indicators for Piffaro The Renaissance Band include: Piffaro has demonstrated consistent revenue generation over several years, indicating a stable donor base and successful fundraising efforts.. The organization maintains a healthy level of assets relative to its annual expenses, suggesting good financial management.. The consistent reporting of $0 executive compensation is a significant strength, indicating efficient use of funds directly for mission-related activities.. These findings are derived from AI analysis of the organization's financial filings.
How does Piffaro The Renaissance Band compensate executives?
Executive compensation is reported as $0 across all available filings, indicating a volunteer-led organization or that compensation is covered by another entity. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent $0 executive compensation, how does Piffaro ensure sustainable leadership and operational continuity without paid executive staff?
The consistent reporting of $0 for executive compensation suggests a reliance on volunteer leadership or a unique operational structure where executive functions are either absorbed by other roles or compensated through non-traditional means not captured in standard filings. This model, while cost-effective, raises questions about long-term sustainability and succession planning for key leadership roles.
What factors contributed to the significant increase in revenue from $346,524 in 2018 to $600,998 in 2019, and how was this growth sustained or leveraged in subsequent years?
The substantial revenue jump in 2019 suggests a highly successful fundraising campaign, a major grant, or a significant increase in program attendance/ticket sales. Understanding the specific drivers of this growth would provide insight into Piffaro's capacity for scaling operations and its ability to replicate such successes in the future, especially given subsequent revenue fluctuations.
Filing History
IRS 990 filing history for Piffaro The Renaissance Band showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Piffaro The Renaissance Band's revenue has grown by 15.8%, moving from $403K to $467K. Total assets increased by 399% over the same period, from $123K to $612K. Total functional expenses rose by 23.1%, from $335K to $412K. In its most recent filing year (2024), Piffaro The Renaissance Band reported a surplus of $55K, with revenue exceeding expenses. The organization holds $91K in liabilities against $612K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $521K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $467K | $412K | $612K | $91K | — | — |
| 2023 | $417K | $382K | $495K | $29K | — | View 990 |
| 2022 | $376K | $400K | $448K | $16K | — | View 990 |
| 2021 | $348K | $332K | $477K | $21K | — | View 990 |
| 2020 | $297K | $324K | $476K | $37K | — | View 990 |
| 2019 | $601K | $405K | $480K | $14K | — | View 990 |
| 2018 | $347K | $380K | $288K | $18K | — | View 990 |
| 2017 | $474K | $427K | $337K | $34K | — | View 990 |
| 2016 | $481K | $328K | $283K | $26K | — | View 990 |
| 2015 | $330K | $274K | $135K | $30K | — | View 990 |
| 2014 | $242K | $300K | $70K | $21K | — | View 990 |
| 2013 | $174K | $248K | $113K | $6K | — | View 990 |
| 2012 | $466K | $379K | $200K | $19K | — | View 990 |
| 2011 | $403K | $335K | $123K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $467K, expenses of $412K, and assets of $612K (revenue +12.1% year-over-year).
- 2023: Revenue of $417K, expenses of $382K, and assets of $495K (revenue +10.7% year-over-year).
- 2022: Revenue of $376K, expenses of $400K, and assets of $448K (revenue +8.0% year-over-year).
- 2021: Revenue of $348K, expenses of $332K, and assets of $477K (revenue +17.4% year-over-year).
- 2020: Revenue of $297K, expenses of $324K, and assets of $476K (revenue -50.6% year-over-year).
- 2019: Revenue of $601K, expenses of $405K, and assets of $480K (revenue +73.4% year-over-year).
- 2018: Revenue of $347K, expenses of $380K, and assets of $288K (revenue -26.8% year-over-year).
- 2017: Revenue of $474K, expenses of $427K, and assets of $337K (revenue -1.6% year-over-year).
- 2016: Revenue of $481K, expenses of $328K, and assets of $283K (revenue +46.0% year-over-year).
- 2015: Revenue of $330K, expenses of $274K, and assets of $135K (revenue +36.3% year-over-year).
- 2014: Revenue of $242K, expenses of $300K, and assets of $70K (revenue +38.8% year-over-year).
- 2013: Revenue of $174K, expenses of $248K, and assets of $113K (revenue -62.6% year-over-year).
- 2012: Revenue of $466K, expenses of $379K, and assets of $200K (revenue +15.5% year-over-year).
- 2011: Revenue of $403K, expenses of $335K, and assets of $123K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Piffaro The Renaissance Band:
Data Sources and Methodology
This transparency report for Piffaro The Renaissance Band 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.