Santa Fe Pro Musica Inc
EIN: 850283203 · Santa Fe, NM · NTEE: A6C0
Is Santa Fe Pro Musica Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Santa Fe Pro Musica Inc
Santa Fe Pro Musica Inc (EIN: 850283203) is a nonprofit organization based in Santa Fe, NM, classified under NTEE code A6C0. The organization reported total revenue of $1.2M and total assets of $385K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Santa Fe Pro Musica Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Santa Fe Pro Musica 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 Santa Fe Pro Musica 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.
Frequently Asked Questions about Santa Fe Pro Musica Inc
Is Santa Fe Pro Musica Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Santa Fe Pro Musica Inc (EIN: 850283203) insufficient data. 0 red flags identified, 0 strengths noted.
How does Santa Fe Pro Musica Inc spend its money?
Detailed spending breakdown data is not yet available for Santa Fe Pro Musica Inc. Check back for updated IRS 990 analysis.
Are donations to Santa Fe Pro Musica Inc tax-deductible?
Santa Fe Pro Musica Inc is registered as a tax-exempt nonprofit (EIN: 850283203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Santa Fe Pro Musica Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Santa Fe Pro Musica Inc's revenue has grown by 51.6%, moving from $708K to $1.1M. Total assets increased by 62.4% over the same period, from $250K to $407K. Total functional expenses rose by 117.7%, from $663K to $1.4M. In its most recent filing year (2023), Santa Fe Pro Musica Inc reported a deficit of $369K, with expenses exceeding revenue. The organization holds $291K in liabilities against $407K in assets (debt-to-asset ratio: 71.5%), resulting in net assets of $116K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.4M | $407K | $291K | — | — |
| 2022 | $1.1M | $1.3M | $776K | $291K | — | View 990 |
| 2021 | $711K | $426K | $981K | $330K | — | View 990 |
| 2020 | $919K | $954K | $502K | $135K | — | View 990 |
| 2019 | $1.1M | $1.1M | $568K | $167K | — | View 990 |
| 2018 | $1.2M | $943K | $523K | $148K | — | View 990 |
| 2017 | $802K | $820K | $216K | $93K | — | View 990 |
| 2016 | $828K | $825K | $216K | $75K | — | View 990 |
| 2015 | $708K | $704K | $398K | $260K | — | View 990 |
| 2014 | $636K | $642K | $354K | $220K | — | View 990 |
| 2013 | $755K | $713K | $331K | $191K | — | View 990 |
| 2012 | $772K | $748K | $277K | $179K | — | View 990 |
| 2011 | $708K | $663K | $250K | $177K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.4M, and assets of $407K (revenue -5.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.3M, and assets of $776K (revenue +59.5% year-over-year).
- 2021: Revenue of $711K, expenses of $426K, and assets of $981K (revenue -22.6% year-over-year).
- 2020: Revenue of $919K, expenses of $954K, and assets of $502K (revenue -16.4% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $568K (revenue -8.1% year-over-year).
- 2018: Revenue of $1.2M, expenses of $943K, and assets of $523K (revenue +49.1% year-over-year).
- 2017: Revenue of $802K, expenses of $820K, and assets of $216K (revenue -3.1% year-over-year).
- 2016: Revenue of $828K, expenses of $825K, and assets of $216K (revenue +17.0% year-over-year).
- 2015: Revenue of $708K, expenses of $704K, and assets of $398K (revenue +11.3% year-over-year).
- 2014: Revenue of $636K, expenses of $642K, and assets of $354K (revenue -15.8% year-over-year).
- 2013: Revenue of $755K, expenses of $713K, and assets of $331K (revenue -2.2% year-over-year).
- 2012: Revenue of $772K, expenses of $748K, and assets of $277K (revenue +9.0% year-over-year).
- 2011: Revenue of $708K, expenses of $663K, and assets of $250K.
Data Sources and Methodology
This transparency report for Santa Fe Pro Musica 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.