Princeton Symphony Orchestra Inc
Princeton Symphony Orchestra: Strong Financials, Consistent Program Spending
EIN: 222327766 · Princeton, NJ · NTEE: A69Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $5.4M |
| Total Expenses | $3.8M |
| Program Spending | 75% |
| Net Assets | $9.4M |
| Transparency Score | 85/100 |
Is Princeton Symphony Orchestra Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Princeton Symphony Orchestra Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Princeton Symphony Orchestra Inc
Princeton Symphony Orchestra Inc (EIN: 222327766) is a nonprofit organization based in Princeton, NJ, classified under NTEE code A69Z. The organization reported total revenue of $5.4M and total assets of $12.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Princeton Symphony Orchestra Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Princeton Symphony Orchestra Inc is a mid-size nonprofit that has been operating for 46 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 8.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $3.8M |
| Surplus / Deficit | $-818,652 |
| Total Assets | $10.5M |
| Total Liabilities | $1.2M |
| Net Assets | $9.4M |
| Operating Margin | -27.8% |
| Debt-to-Asset Ratio | 11.0% |
| Months of Reserves | 33.5 months |
Financial Health Grade: B
In 2024, Princeton Symphony Orchestra Inc reported a deficit of $819K with expenses exceeding revenue, holds 33.5 months of operating reserves (strong position), has a debt-to-asset ratio of 11.0% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Princeton Symphony Orchestra Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -6.5% | -2.4% | +3.9% |
| 2023 | +22.9% | +12.4% | -2.4% |
| 2022 | -15.4% | +109.6% | -9.7% |
| 2021 | +13.7% | -11.0% | +35.0% |
| 2020 | -23.6% | +1.4% | +14.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1980 |
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 Symphony Orchestra Inc 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 Symphony Orchestra Inc 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 deficit of $819K, with expenses exceeding revenue.
- Debt-to-asset ratio: 11.0%.
Executive Compensation Analysis
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the provided data.
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 Symphony Orchestra Inc:
- Consistently strong asset growth, reaching $12,092,985 in 2024.
- Healthy revenue streams, with $5,435,144 reported in 2024.
- Low liability-to-asset ratio, indicating strong financial stability.
- Consistent program spending over multiple years.
Frequently Asked Questions about Princeton Symphony Orchestra Inc
Is Princeton Symphony Orchestra Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Princeton Symphony Orchestra Inc (EIN: 222327766) appears legitimate. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
How does Princeton Symphony Orchestra Inc spend its money?
Princeton Symphony Orchestra Inc directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Princeton Symphony Orchestra Inc tax-deductible?
Princeton Symphony Orchestra Inc is registered as a tax-exempt nonprofit (EIN: 222327766). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Princeton Symphony Orchestra Inc's spending goes to programs?
Princeton Symphony Orchestra Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Princeton Symphony Orchestra Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Princeton Symphony Orchestra Inc is above average for NTEE category A69Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Princeton Symphony Orchestra Inc located?
Princeton Symphony Orchestra Inc is headquartered in Princeton, New Jersey and files with the IRS under EIN 222327766. It is classified under NTEE code A69Z.
How many years of IRS 990 filings does Princeton Symphony Orchestra Inc have?
Princeton Symphony Orchestra Inc 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 $5.4M in total revenue.
What does Princeton Symphony Orchestra Inc do?
Princeton Symphony Orchestra Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Princeton, New Jersey. It is classified under NTEE code A69Z.
How much revenue does Princeton Symphony Orchestra Inc have?
Princeton Symphony Orchestra Inc reported total revenue of $5,435,144. Based on 14 IRS 990 filings on record.
What are Princeton Symphony Orchestra Inc's total assets?
Princeton Symphony Orchestra Inc holds total assets of $12,092,985 as reported in IRS 990 filings.
Where is Princeton Symphony Orchestra Inc located?
Princeton Symphony Orchestra Inc is based in Princeton, New Jersey.
What is Princeton Symphony Orchestra Inc's EIN?
Princeton Symphony Orchestra Inc's Employer Identification Number (EIN) is 222327766. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Princeton Symphony Orchestra Inc?
Princeton Symphony Orchestra Inc is classified under NTEE code A69Z (Arts, Culture & Humanities).
Is Princeton Symphony Orchestra Inc a registered 501(c)(3)?
Yes, Princeton Symphony Orchestra Inc is recognized as a tax-exempt organization by the IRS. EIN: 222327766.
Does Princeton Symphony Orchestra Inc file IRS Form 990?
Yes, Princeton Symphony Orchestra Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202406.
What was Princeton Symphony Orchestra Inc's revenue in 2024?
In the 202406 filing period, Princeton Symphony Orchestra Inc reported total revenue of $2,941,794, total expenses of $3,760,446, and net assets of $10,508,299.
Is Princeton Symphony Orchestra Inc's revenue growing or declining?
Princeton Symphony Orchestra Inc's revenue is declining. Revenue went from $3,147,824 (202306) to $2,941,794 (202406), a -6.5% change. Based on 14 filings on record.
What is Princeton Symphony Orchestra Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Princeton Symphony Orchestra Inc covers tax period 202406. It shows revenue of $2,941,794, expenses of $3,760,446, total assets of $10,508,299, and liabilities of $1,154,285.
How much does Princeton Symphony Orchestra Inc spend on programs vs administration?
Based on IRS 990 analysis, Princeton Symphony Orchestra Inc allocates approximately 75% of expenses to program services, 15% to administrative costs, and 10% to fundraising. This indicates strong program focus.
Is Princeton Symphony Orchestra Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Princeton Symphony Orchestra Inc appears trustworthy. Mission Score: 85/100 (Excellent). No red flags identified. 4 strengths noted.
What are Princeton Symphony Orchestra Inc's strengths?
Positive indicators for Princeton Symphony Orchestra Inc include: Consistently strong asset growth, reaching $12,092,985 in 2024.. Healthy revenue streams, with $5,435,144 reported in 2024.. Low liability-to-asset ratio, indicating strong financial stability.. Consistent program spending over multiple years.. These findings are derived from AI analysis of the organization's financial filings.
How does Princeton Symphony Orchestra Inc compensate executives?
Executive compensation appears reasonable given the organization's size and revenue, with no red flags identified in the provided data. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
How has the organization managed to achieve such consistent asset growth despite fluctuations in revenue?
The organization has demonstrated effective financial management, potentially through strategic investments or strong donor retention, allowing assets to grow steadily even when revenue has varied year-to-year.
What specific strategies contribute to the low liability figures, and how does this impact long-term sustainability?
Maintaining low liabilities, such as $1,154,285 in 2024, suggests prudent financial planning and a reduced reliance on debt, which significantly enhances long-term financial sustainability and resilience against economic downturns.
Filing History
IRS 990 filing history for Princeton Symphony Orchestra Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Princeton Symphony Orchestra Inc's revenue has grown by 180.5%, moving from $1.0M to $2.9M. Total assets increased by 284.8% over the same period, from $2.7M to $10.5M. Total functional expenses rose by 279.1%, from $992K to $3.8M. In its most recent filing year (2024), Princeton Symphony Orchestra Inc reported a deficit of $819K, with expenses exceeding revenue. The organization holds $1.2M in liabilities against $10.5M in assets (debt-to-asset ratio: 11.0%), resulting in net assets of $9.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.9M | $3.8M | $10.5M | $1.2M | — | View 990 |
| 2023 | $3.1M | $3.9M | $10.1M | $406K | — | View 990 |
| 2022 | $2.6M | $3.4M | $10.4M | $445K | — | View 990 |
| 2021 | $3.0M | $1.6M | $11.5M | $167K | — | View 990 |
| 2020 | $2.7M | $1.8M | $8.5M | $193K | — | View 990 |
| 2019 | $3.5M | $1.8M | $7.5M | $275K | — | View 990 |
| 2018 | $1.9M | $1.6M | $5.6M | $257K | — | View 990 |
| 2017 | $1.5M | $1.5M | $4.8M | $206K | — | View 990 |
| 2016 | $1.7M | $1.3M | $4.3M | $146K | — | View 990 |
| 2015 | $1.7M | $1.2M | $3.9M | $131K | — | View 990 |
| 2014 | $1.3M | $1.3M | $3.5M | $102K | — | View 990 |
| 2013 | $1.4M | $1.1M | $3.2M | $114K | — | View 990 |
| 2012 | $1.3M | $1.1M | $2.9M | $141K | — | View 990 |
| 2011 | $1.0M | $992K | $2.7M | $159K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.9M, expenses of $3.8M, and assets of $10.5M (revenue -6.5% year-over-year).
- 2023: Revenue of $3.1M, expenses of $3.9M, and assets of $10.1M (revenue +22.9% year-over-year).
- 2022: Revenue of $2.6M, expenses of $3.4M, and assets of $10.4M (revenue -15.4% year-over-year).
- 2021: Revenue of $3.0M, expenses of $1.6M, and assets of $11.5M (revenue +13.7% year-over-year).
- 2020: Revenue of $2.7M, expenses of $1.8M, and assets of $8.5M (revenue -23.6% year-over-year).
- 2019: Revenue of $3.5M, expenses of $1.8M, and assets of $7.5M (revenue +83.6% year-over-year).
- 2018: Revenue of $1.9M, expenses of $1.6M, and assets of $5.6M (revenue +25.2% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.5M, and assets of $4.8M (revenue -9.1% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.3M, and assets of $4.3M (revenue -3.6% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.2M, and assets of $3.9M (revenue +35.2% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.3M, and assets of $3.5M (revenue -8.5% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.1M, and assets of $3.2M (revenue +6.6% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.1M, and assets of $2.9M (revenue +25.3% year-over-year).
- 2011: Revenue of $1.0M, expenses of $992K, and assets of $2.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Princeton Symphony Orchestra Inc:
Data Sources and Methodology
This transparency report for Princeton Symphony Orchestra Inc 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.