Roswell Symphony Orchestra Foundation Inc
EIN: 850394724 · Roswell, NM · NTEE: A12
| Metric | Value |
|---|---|
| Total Revenue | $25K |
| Total Expenses | $377 |
| Net Assets | $669K |
Is Roswell Symphony Orchestra Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Roswell Symphony Orchestra Foundation Inc
Roswell Symphony Orchestra Foundation Inc (EIN: 850394724) is a nonprofit organization based in Roswell, NM, classified under NTEE code A12. The organization reported total revenue of $25K and total assets of $715K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Roswell Symphony Orchestra Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Roswell Symphony Orchestra Foundation Inc is a micro nonprofit that has been operating for 6 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18K |
| Total Expenses | $377 |
| Surplus / Deficit | +$18K |
| Total Assets | $669K |
| Net Assets | $669K |
| Operating Margin | 97.9% |
| Months of Reserves | 21284.6 months |
Financial Health Grade: A
In 2023, Roswell Symphony Orchestra Foundation Inc reported a surplus of $18K with revenue exceeding expenses, holds 21284.6 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2011–2023), Roswell Symphony Orchestra Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.2% | — | +16.4% |
| 2022 | -81.1% | -100.0% | -15.6% |
| 2021 | -32.9% | +87.0% | +12.2% |
| 2020 | -61.5% | +646.0% | +24.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Roswell Symphony Orchestra Foundation Inc 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 Roswell Symphony Orchestra Foundation Inc 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 $18K, with revenue exceeding expenses.
Frequently Asked Questions about Roswell Symphony Orchestra Foundation Inc
Is Roswell Symphony Orchestra Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Roswell Symphony Orchestra Foundation Inc (EIN: 850394724) insufficient data. 0 red flags identified, 0 strengths noted.
How does Roswell Symphony Orchestra Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Roswell Symphony Orchestra Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Roswell Symphony Orchestra Foundation Inc tax-deductible?
Roswell Symphony Orchestra Foundation Inc is registered as a tax-exempt nonprofit (EIN: 850394724). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Roswell Symphony Orchestra Foundation Inc located?
Roswell Symphony Orchestra Foundation Inc is headquartered in Roswell, New Mexico and files with the IRS under EIN 850394724. It is classified under NTEE code A12.
How many years of IRS 990 filings does Roswell Symphony Orchestra Foundation Inc have?
Roswell Symphony Orchestra Foundation Inc has 11 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 $25K in total revenue.
Filing History
IRS 990 filing history for Roswell Symphony Orchestra Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Roswell Symphony Orchestra Foundation Inc's revenue has grown by 353.5%, moving from $4K to $18K. Total assets increased by 214.1% over the same period, from $213K to $669K. Total functional expenses fell by 98.8%, from $32K to $377. In its most recent filing year (2023), Roswell Symphony Orchestra Foundation Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18K | $377 | $669K | $0 | — | View 990 |
| 2022 | $16K | $0 | $575K | $0 | — | View 990 |
| 2021 | $83K | $9K | $681K | $0 | — | View 990 |
| 2020 | $123K | $5K | $607K | $0 | — | — |
| 2019 | $320K | $620 | $488K | $0 | — | View 990 |
| 2018 | $-1,166 | $81K | $169K | $0 | — | — |
| 2016 | $16K | $10K | $282K | $0 | — | — |
| 2015 | $567 | $10K | $276K | $0 | — | — |
| 2014 | $22K | $5K | $286K | $0 | — | — |
| 2013 | $43K | $5K | $268K | $0 | — | View 990 |
| 2011 | $4K | $32K | $213K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18K, expenses of $377, and assets of $669K (revenue +15.2% year-over-year).
- 2022: Revenue of $16K, expenses of $0, and assets of $575K (revenue -81.1% year-over-year).
- 2021: Revenue of $83K, expenses of $9K, and assets of $681K (revenue -32.9% year-over-year).
- 2020: Revenue of $123K, expenses of $5K, and assets of $607K (revenue -61.5% year-over-year).
- 2019: Revenue of $320K, expenses of $620, and assets of $488K.
- 2018: Revenue of $-1,166, expenses of $81K, and assets of $169K (revenue -107.3% year-over-year).
- 2016: Revenue of $16K, expenses of $10K, and assets of $282K (revenue +2734.4% year-over-year).
- 2015: Revenue of $567, expenses of $10K, and assets of $276K (revenue -97.5% year-over-year).
- 2014: Revenue of $22K, expenses of $5K, and assets of $286K (revenue -48.0% year-over-year).
- 2013: Revenue of $43K, expenses of $5K, and assets of $268K (revenue +985.2% year-over-year).
- 2011: Revenue of $4K, expenses of $32K, and assets of $213K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Roswell Symphony Orchestra Foundation Inc:
Data Sources and Methodology
This transparency report for Roswell Symphony Orchestra Foundation 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.