Savannah Philharmonic Corporation
EIN: 264016312 · Savannah, GA · NTEE: A690
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.9M |
| Net Assets | $4K |
Is Savannah Philharmonic Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Savannah Philharmonic Corporation
Savannah Philharmonic Corporation (EIN: 264016312) is a nonprofit organization based in Savannah, GA, classified under NTEE code A690. The organization reported total revenue of $2.0M and total assets of $733K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Savannah Philharmonic Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Savannah Philharmonic Corporation is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-367,414 |
| Total Assets | $707K |
| Total Liabilities | $704K |
| Net Assets | $4K |
| Operating Margin | -24.3% |
| Debt-to-Asset Ratio | 99.5% |
| Months of Reserves | 4.5 months |
Financial Health Grade: C
In 2023, Savannah Philharmonic Corporation reported a deficit of $367K with expenses exceeding revenue, holds 4.5 months of operating reserves (adequate), has a debt-to-asset ratio of 99.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Savannah Philharmonic Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | +49.3% | +29.1% |
| 2022 | +37.1% | +49.9% | +39.7% |
| 2021 | +6.8% | -40.0% | +10.0% |
| 2020 | -36.0% | -18.3% | -39.9% |
| 2019 | -2.0% | +25.3% | -29.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Savannah Philharmonic Corporation 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 Savannah Philharmonic Corporation 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 deficit of $367K, with expenses exceeding revenue.
- Debt-to-asset ratio: 99.5%.
Frequently Asked Questions about Savannah Philharmonic Corporation
Is Savannah Philharmonic Corporation a legitimate charity?
Savannah Philharmonic Corporation (EIN: 264016312) is a registered tax-exempt nonprofit based in Georgia. It has 13 years of IRS 990 filings on record. Total revenue: $2.0M. No red flags identified. Financial health grade: C.
How does Savannah Philharmonic Corporation spend its money?
Savannah Philharmonic Corporation reported $2.0M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Savannah Philharmonic Corporation tax-deductible?
Savannah Philharmonic Corporation is registered as a tax-exempt nonprofit (EIN: 264016312). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Savannah Philharmonic Corporation located?
Savannah Philharmonic Corporation is headquartered in Savannah, Georgia and files with the IRS under EIN 264016312. It is classified under NTEE code A690.
How many years of IRS 990 filings does Savannah Philharmonic Corporation have?
Savannah Philharmonic Corporation 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 $2.0M in total revenue.
Filing History
IRS 990 filing history for Savannah Philharmonic Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Savannah Philharmonic Corporation's revenue has grown by 142.9%, moving from $621K to $1.5M. Total assets increased by 301% over the same period, from $176K to $707K. Total functional expenses rose by 152.7%, from $743K to $1.9M. In its most recent filing year (2023), Savannah Philharmonic Corporation reported a deficit of $367K, with expenses exceeding revenue. The organization holds $704K in liabilities against $707K in assets (debt-to-asset ratio: 99.5%), resulting in net assets of $4K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.9M | $707K | $704K | — | — |
| 2022 | $1.4M | $1.3M | $548K | $172K | — | View 990 |
| 2021 | $1.0M | $838K | $392K | $183K | — | View 990 |
| 2020 | $959K | $1.4M | $356K | $333K | — | View 990 |
| 2019 | $1.5M | $1.7M | $593K | $130K | — | View 990 |
| 2018 | $1.5M | $1.4M | $840K | $166K | — | View 990 |
| 2017 | $1.4M | $1.4M | $702K | $174K | — | View 990 |
| 2016 | $1.3M | $1.3M | $717K | $211K | — | View 990 |
| 2015 | $1.4M | $1.3M | $656K | $148K | — | View 990 |
| 2014 | $1.3M | $1.1M | $618K | $129K | — | View 990 |
| 2013 | $1.0M | $854K | $429K | $100K | — | View 990 |
| 2012 | $807K | $712K | $165K | $7K | — | View 990 |
| 2011 | $621K | $743K | $176K | $113K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.9M, and assets of $707K (revenue +7.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $548K (revenue +37.1% year-over-year).
- 2021: Revenue of $1.0M, expenses of $838K, and assets of $392K (revenue +6.8% year-over-year).
- 2020: Revenue of $959K, expenses of $1.4M, and assets of $356K (revenue -36.0% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.7M, and assets of $593K (revenue -2.0% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.4M, and assets of $840K (revenue +11.0% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.4M, and assets of $702K (revenue +7.3% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.3M, and assets of $717K (revenue -5.1% year-over-year).
- 2015: Revenue of $1.4M, expenses of $1.3M, and assets of $656K (revenue +8.3% year-over-year).
- 2014: Revenue of $1.3M, expenses of $1.1M, and assets of $618K (revenue +22.1% year-over-year).
- 2013: Revenue of $1.0M, expenses of $854K, and assets of $429K (revenue +26.9% year-over-year).
- 2012: Revenue of $807K, expenses of $712K, and assets of $165K (revenue +30.0% year-over-year).
- 2011: Revenue of $621K, expenses of $743K, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Savannah Philharmonic Corporation:
Data Sources and Methodology
This transparency report for Savannah Philharmonic Corporation 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.