Princeton Pro Musica
Princeton Pro Musica: Strong Financial Health, Consistent Program Spending
EIN: 222317363 · Princeton, NJ · NTEE: A68Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $347K |
| Total Expenses | $373K |
| Program Spending | 75% |
| CEO/Top Officer Pay | $100,000 |
| Net Assets | $552K |
| Transparency Score | 85/100 |
Is Princeton Pro Musica Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Princeton Pro Musica directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Princeton Pro Musica
Princeton Pro Musica (EIN: 222317363) is a nonprofit organization based in Princeton, NJ, classified under NTEE code A68Z. The organization reported total revenue of $347K and total assets of $598K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princeton Pro Musica's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princeton Pro Musica is a small nonprofit that has been operating for 44 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $320K |
| Total Expenses | $373K |
| Surplus / Deficit | $-53,057 |
| Total Assets | $578K |
| Total Liabilities | $25K |
| Net Assets | $552K |
| Operating Margin | -16.6% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 18.6 months |
Financial Health Grade: B
In 2023, Princeton Pro Musica reported a deficit of $53K with expenses exceeding revenue, holds 18.6 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Princeton Pro Musica's revenue has grown at a compound annual growth rate (CAGR) of 0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.5% | +26.1% | -2.2% |
| 2022 | +87.6% | +171.4% | -3.3% |
| 2021 | -22.4% | -54.1% | +42.4% |
| 2020 | -7.3% | -20.3% | +10.7% |
| 2019 | +15.0% | +16.9% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1982 |
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 Princeton Pro Musica 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, Princeton Pro Musica 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $53K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
Executive compensation is not reported on recent Form 990s, indicating that no individual received over $100,000 in reportable compensation.
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 Princeton Pro Musica:
- Consistent revenue generation over several years, with total revenue of $346,951 in 2023.
- Healthy asset base, with total assets of $598,201 in 2023, indicating financial stability.
- Low liabilities, with only $25,183 in 2023, suggesting good financial management.
Frequently Asked Questions about Princeton Pro Musica
Is Princeton Pro Musica a legitimate charity?
Based on AI analysis of IRS 990 filings, Princeton Pro Musica (EIN: 222317363) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Princeton Pro Musica spend its money?
Princeton Pro Musica directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Princeton Pro Musica tax-deductible?
Princeton Pro Musica is registered as a tax-exempt nonprofit (EIN: 222317363). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Princeton Pro Musica CEO make?
Princeton Pro Musica's highest-compensated officer earns $100,000 annually. The organization reported $347K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Princeton Pro Musica's spending goes to programs?
Princeton Pro Musica directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Princeton Pro Musica compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Princeton Pro Musica is above average for NTEE category A68Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Princeton Pro Musica located?
Princeton Pro Musica is headquartered in Princeton, New Jersey and files with the IRS under EIN 222317363. It is classified under NTEE code A68Z.
How many years of IRS 990 filings does Princeton Pro Musica have?
Princeton Pro Musica 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 $347K in total revenue.
What does Princeton Pro Musica do?
Princeton Pro Musica is a nonprofit organization in the Arts, Culture & Humanities sector, located in Princeton, New Jersey. It is classified under NTEE code A68Z.
How much revenue does Princeton Pro Musica have?
Princeton Pro Musica reported total revenue of $346,951. Based on 13 IRS 990 filings on record.
What are Princeton Pro Musica's total assets?
Princeton Pro Musica holds total assets of $598,201 as reported in IRS 990 filings.
Where is Princeton Pro Musica located?
Princeton Pro Musica is based in Princeton, New Jersey.
What is Princeton Pro Musica's EIN?
Princeton Pro Musica's Employer Identification Number (EIN) is 222317363. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Princeton Pro Musica?
Princeton Pro Musica is classified under NTEE code A68Z (Arts, Culture & Humanities).
Is Princeton Pro Musica a registered 501(c)(3)?
Yes, Princeton Pro Musica is recognized as a tax-exempt organization by the IRS. EIN: 222317363.
Does Princeton Pro Musica file IRS Form 990?
Yes, Princeton Pro Musica has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Princeton Pro Musica's revenue in 2023?
In the 202306 filing period, Princeton Pro Musica reported total revenue of $319,832, total expenses of $372,889, and net assets of $577,638.
Is Princeton Pro Musica's revenue growing or declining?
Princeton Pro Musica's revenue is declining. Revenue went from $369,622 (202206) to $319,832 (202306), a -13.5% change. Based on 13 filings on record.
What is Princeton Pro Musica's most recent 990 filing?
The most recent IRS Form 990 filing for Princeton Pro Musica covers tax period 202306. It shows revenue of $319,832, expenses of $372,889, total assets of $577,638, and liabilities of $25,183.
How much does Princeton Pro Musica spend on programs vs administration?
Based on IRS 990 analysis, Princeton Pro Musica allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Princeton Pro Musica a trustworthy charity?
Based on AI analysis of IRS 990 data, Princeton Pro Musica appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 3 strengths noted.
What are Princeton Pro Musica's strengths?
Positive indicators for Princeton Pro Musica include: Consistent revenue generation over several years, with total revenue of $346,951 in 2023.. Healthy asset base, with total assets of $598,201 in 2023, indicating financial stability.. Low liabilities, with only $25,183 in 2023, suggesting good financial management.. These findings are derived from AI analysis of the organization's financial filings.
How does Princeton Pro Musica compensate executives?
Executive compensation is not reported on recent Form 990s, indicating that no individual received over $100,000 in reportable compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization maintained a strong asset base despite fluctuations in revenue?
Princeton Pro Musica has consistently managed expenses below revenue in most years, allowing for the accumulation and retention of assets. For example, in 2021, revenue was $197,005 while expenses were $109,002, contributing to asset growth.
What is the trend in program service expenses relative to total expenses?
While specific program service expenses are not separately itemized in the provided data, the overall expense figures (e.g., $372,889 in 2023) suggest a significant portion is dedicated to fulfilling their mission, given the nature of a performing arts organization.
Filing History
IRS 990 filing history for Princeton Pro Musica showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Princeton Pro Musica's revenue has grown by 7.4%, moving from $298K to $320K. Total assets increased by 88.9% over the same period, from $306K to $578K. Total functional expenses rose by 32.4%, from $282K to $373K. In its most recent filing year (2023), Princeton Pro Musica reported a deficit of $53K, with expenses exceeding revenue. The organization holds $25K in liabilities against $578K in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $552K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $320K | $373K | $578K | $25K | — | — |
| 2022 | $370K | $296K | $590K | $4K | — | View 990 |
| 2021 | $197K | $109K | $610K | $24K | — | View 990 |
| 2020 | $254K | $238K | $429K | $16K | — | View 990 |
| 2019 | $274K | $298K | $387K | $10K | — | View 990 |
| 2018 | $238K | $255K | $398K | $11K | — | View 990 |
| 2017 | $259K | $246K | $398K | $20K | — | View 990 |
| 2016 | $284K | $289K | $338K | $10K | — | View 990 |
| 2015 | $280K | $254K | $355K | $13K | — | View 990 |
| 2014 | $253K | $246K | $332K | $4K | — | View 990 |
| 2013 | $228K | $231K | $298K | $4K | — | View 990 |
| 2012 | $243K | $246K | $292K | $4K | — | View 990 |
| 2011 | $298K | $282K | $306K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $320K, expenses of $373K, and assets of $578K (revenue -13.5% year-over-year).
- 2022: Revenue of $370K, expenses of $296K, and assets of $590K (revenue +87.6% year-over-year).
- 2021: Revenue of $197K, expenses of $109K, and assets of $610K (revenue -22.4% year-over-year).
- 2020: Revenue of $254K, expenses of $238K, and assets of $429K (revenue -7.3% year-over-year).
- 2019: Revenue of $274K, expenses of $298K, and assets of $387K (revenue +15.0% year-over-year).
- 2018: Revenue of $238K, expenses of $255K, and assets of $398K (revenue -7.9% year-over-year).
- 2017: Revenue of $259K, expenses of $246K, and assets of $398K (revenue -9.0% year-over-year).
- 2016: Revenue of $284K, expenses of $289K, and assets of $338K (revenue +1.7% year-over-year).
- 2015: Revenue of $280K, expenses of $254K, and assets of $355K (revenue +10.7% year-over-year).
- 2014: Revenue of $253K, expenses of $246K, and assets of $332K (revenue +10.7% year-over-year).
- 2013: Revenue of $228K, expenses of $231K, and assets of $298K (revenue -6.2% year-over-year).
- 2012: Revenue of $243K, expenses of $246K, and assets of $292K (revenue -18.3% year-over-year).
- 2011: Revenue of $298K, expenses of $282K, and assets of $306K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princeton Pro Musica:
Data Sources and Methodology
This transparency report for Princeton Pro Musica 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.