Rome Chamber Music Festival At Villa Aurelia Inc
Rome Chamber Music Festival shows fluctuating revenue and expenses, with no reported officer compensation.
EIN: 200525680 · New Canaan, CT · NTEE: A68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $423K |
| Total Expenses | $401K |
| Program Spending | 85% |
| Net Assets | $81K |
| Transparency Score | 85/100 |
Is Rome Chamber Music Festival At Villa Aurelia Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rome Chamber Music Festival At Villa Aurelia Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rome Chamber Music Festival At Villa Aurelia Inc
Rome Chamber Music Festival At Villa Aurelia Inc (EIN: 200525680) is a nonprofit organization based in New Canaan, CT, classified under NTEE code A68. The organization reported total revenue of $423K and total assets of $45K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rome Chamber Music Festival At Villa Aurelia Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rome Chamber Music Festival At Villa Aurelia Inc is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $337K |
| Total Expenses | $401K |
| Surplus / Deficit | $-63,581 |
| Total Assets | $81K |
| Net Assets | $81K |
| Operating Margin | -18.9% |
| Months of Reserves | 2.4 months |
Financial Health Grade: C
In 2023, Rome Chamber Music Festival At Villa Aurelia Inc reported a deficit of $64K with expenses exceeding revenue, holds 2.4 months of operating reserves (limited).
Financial Trends
Over 13 years of filings (2011–2023), Rome Chamber Music Festival At Villa Aurelia Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.2% | -0.1% | -43.9% |
| 2022 | +66.6% | +25.3% | +250.6% |
| 2020 | -100.0% | -100.0% | -100.0% |
| 2019 | +11.6% | +25.5% | -10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Rome Chamber Music Festival At Villa Aurelia 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Rome Chamber Music Festival At Villa Aurelia Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $64K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly favorable for directing funds towards program services.
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 Rome Chamber Music Festival At Villa Aurelia Inc's IRS 990 filings:
- Deficit spending in 2023 ($400,753 expenses vs. $337,172 revenue)
- Significant revenue fluctuation year-over-year (e.g., $504,602 in 2022 to $337,172 in 2023)
Strengths
The following positive indicators were identified for Rome Chamber Music Festival At Villa Aurelia Inc:
- No reported officer compensation, maximizing funds for programs
- Consistent history of IRS 990 filings (13 filings), indicating good transparency
- Zero reported liabilities across all filings, indicating no debt burden
- Strong surplus in 2022 ($504,602 revenue vs. $400,970 expenses)
Frequently Asked Questions about Rome Chamber Music Festival At Villa Aurelia Inc
Is Rome Chamber Music Festival At Villa Aurelia Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rome Chamber Music Festival At Villa Aurelia Inc (EIN: 200525680) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Rome Chamber Music Festival At Villa Aurelia Inc spend its money?
Rome Chamber Music Festival At Villa Aurelia Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rome Chamber Music Festival At Villa Aurelia Inc tax-deductible?
Rome Chamber Music Festival At Villa Aurelia Inc is registered as a tax-exempt nonprofit (EIN: 200525680). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rome Chamber Music Festival At Villa Aurelia Inc's spending goes to programs?
Rome Chamber Music Festival At Villa Aurelia Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rome Chamber Music Festival At Villa Aurelia Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rome Chamber Music Festival At Villa Aurelia Inc is above average for NTEE category A68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rome Chamber Music Festival At Villa Aurelia Inc located?
Rome Chamber Music Festival At Villa Aurelia Inc is headquartered in New Canaan, Connecticut and files with the IRS under EIN 200525680. It is classified under NTEE code A68.
How many years of IRS 990 filings does Rome Chamber Music Festival At Villa Aurelia Inc have?
Rome Chamber Music Festival At Villa Aurelia Inc 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 $423K in total revenue.
Is Rome Chamber Music Festival At Villa Aurelia Inc. financially stable?
The organization shows general financial stability with no reported liabilities across all filings. However, it experienced a deficit in 2023 ($337,172 revenue vs. $400,753 expenses) after a surplus in 2022 ($504,602 revenue vs. $400,970 expenses), indicating some year-to-year variability in financial performance.
How does the organization manage executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting a volunteer-led executive team or that compensation is covered by other means not reported as officer compensation on the 990.
What is the trend in the organization's assets?
Assets have fluctuated, reaching a peak of $144,982 in 2022 before declining to $81,402 in 2023. This indicates some variability in its financial reserves.
Filing History
IRS 990 filing history for Rome Chamber Music Festival At Villa Aurelia Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Rome Chamber Music Festival At Villa Aurelia Inc's revenue has grown by 133.3%, moving from $145K to $337K. Total assets increased by 208.1% over the same period, from $26K to $81K. Total functional expenses rose by 91.5%, from $209K to $401K. In its most recent filing year (2023), Rome Chamber Music Festival At Villa Aurelia Inc reported a deficit of $64K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $337K | $401K | $81K | $0 | — | — |
| 2022 | $505K | $401K | $145K | $0 | — | View 990 |
| 2021 | $303K | $320K | $41K | $0 | — | View 990 |
| 2020 | $0 | $0 | $1 | $0 | — | View 990 |
| 2019 | $295K | $301K | $47K | $0 | — | View 990 |
| 2018 | $264K | $240K | $53K | $0 | — | View 990 |
| 2017 | $256K | $295K | $28K | $0 | — | View 990 |
| 2016 | $294K | $270K | $67K | $0 | — | View 990 |
| 2015 | $292K | $301K | $42K | $0 | — | View 990 |
| 2014 | $181K | $313K | $51K | $0 | — | View 990 |
| 2013 | $245K | $263K | $183K | $0 | — | View 990 |
| 2012 | $232K | $228K | $31K | $0 | — | View 990 |
| 2011 | $145K | $209K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $337K, expenses of $401K, and assets of $81K (revenue -33.2% year-over-year).
- 2022: Revenue of $505K, expenses of $401K, and assets of $145K (revenue +66.6% year-over-year).
- 2021: Revenue of $303K, expenses of $320K, and assets of $41K.
- 2020: Revenue of $0, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2019: Revenue of $295K, expenses of $301K, and assets of $47K (revenue +11.6% year-over-year).
- 2018: Revenue of $264K, expenses of $240K, and assets of $53K (revenue +3.1% year-over-year).
- 2017: Revenue of $256K, expenses of $295K, and assets of $28K (revenue -12.9% year-over-year).
- 2016: Revenue of $294K, expenses of $270K, and assets of $67K (revenue +0.7% year-over-year).
- 2015: Revenue of $292K, expenses of $301K, and assets of $42K (revenue +61.7% year-over-year).
- 2014: Revenue of $181K, expenses of $313K, and assets of $51K (revenue -26.3% year-over-year).
- 2013: Revenue of $245K, expenses of $263K, and assets of $183K (revenue +5.6% year-over-year).
- 2012: Revenue of $232K, expenses of $228K, and assets of $31K (revenue +60.9% year-over-year).
- 2011: Revenue of $145K, expenses of $209K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rome Chamber Music Festival At Villa Aurelia Inc:
Data Sources and Methodology
This transparency report for Rome Chamber Music Festival At Villa Aurelia 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.