Queen Bee Music Association
EIN: 834233514 · Santa Fe, NM · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $249K |
| Total Expenses | $162K |
| Net Assets | $18K |
Is Queen Bee Music Association Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Queen Bee Music Association
Queen Bee Music Association (EIN: 834233514) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code A68. The organization reported total revenue of $249K and total assets of $56K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Queen Bee Music Association's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Queen Bee Music Association is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 73.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $168K |
| Total Expenses | $162K |
| Surplus / Deficit | +$6K |
| Total Assets | $43K |
| Total Liabilities | $25K |
| Net Assets | $18K |
| Operating Margin | 3.6% |
| Debt-to-Asset Ratio | 58.6% |
| Months of Reserves | 3.2 months |
Financial Health Grade: A
In 2023, Queen Bee Music Association reported a surplus of $6K with revenue exceeding expenses, holds 3.2 months of operating reserves (adequate), has a debt-to-asset ratio of 58.6% (high leverage).
Financial Trends
Over 5 years of filings (2019–2023), Queen Bee Music Association's revenue has grown at a compound annual growth rate (CAGR) of 73.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +55.1% | +58.2% | -3.5% |
| 2022 | +126.4% | +118.2% | +185.9% |
| 2021 | +73.1% | +74.6% | +217.3% |
| 2020 | +47.9% | +85.0% | +18.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Queen Bee Music Association 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 Queen Bee Music Association 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 surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.6%.
Frequently Asked Questions about Queen Bee Music Association
Is Queen Bee Music Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Queen Bee Music Association (EIN: 834233514) insufficient data. 0 red flags identified, 0 strengths noted.
How does Queen Bee Music Association spend its money?
Detailed spending breakdown data is not yet available for Queen Bee Music Association. Check back for updated IRS 990 analysis.
Are donations to Queen Bee Music Association tax-deductible?
Queen Bee Music Association is registered as a tax-exempt nonprofit (EIN: 834233514). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Queen Bee Music Association located?
Queen Bee Music Association is headquartered in Santa Fe, New Mexico and files with the IRS under EIN 834233514. It is classified under NTEE code A68.
How many years of IRS 990 filings does Queen Bee Music Association have?
Queen Bee Music Association has 5 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 $249K in total revenue.
Filing History
IRS 990 filing history for Queen Bee Music Association showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Queen Bee Music Association's revenue has grown by 798.7%, moving from $19K to $168K. Total assets increased by 939.7% over the same period, from $4K to $43K. Total functional expenses rose by 1015.2%, from $15K to $162K. In its most recent filing year (2023), Queen Bee Music Association reported a surplus of $6K, with revenue exceeding expenses. The organization holds $25K in liabilities against $43K in assets (debt-to-asset ratio: 58.6%), resulting in net assets of $18K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $168K | $162K | $43K | $25K | — | — |
| 2022 | $109K | $103K | $45K | $33K | — | View 990 |
| 2021 | $48K | $47K | $16K | $10K | — | — |
| 2020 | $28K | $27K | $5K | $0 | — | View 990 |
| 2019 | $19K | $15K | $4K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $168K, expenses of $162K, and assets of $43K (revenue +55.1% year-over-year).
- 2022: Revenue of $109K, expenses of $103K, and assets of $45K (revenue +126.4% year-over-year).
- 2021: Revenue of $48K, expenses of $47K, and assets of $16K (revenue +73.1% year-over-year).
- 2020: Revenue of $28K, expenses of $27K, and assets of $5K (revenue +47.9% year-over-year).
- 2019: Revenue of $19K, expenses of $15K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Queen Bee Music Association:
Data Sources and Methodology
This transparency report for Queen Bee Music Association 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.