School Of American Music
EIN: 455027554 · Three Oaks, MI · NTEE: A68
| Metric | Value |
|---|---|
| Total Revenue | $404K |
| Total Expenses | $84K |
| Net Assets | $620K |
Is School Of American Music Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About School Of American Music
School Of American Music (EIN: 455027554) is a nonprofit organization based in Three Oaks, MI, classified under NTEE code A68. The organization reported total revenue of $404K and total assets of $929K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of School Of American Music's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
School Of American Music is a small nonprofit that has been operating for 14 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 15.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $272K |
| Total Expenses | $84K |
| Surplus / Deficit | +$189K |
| Total Assets | $620K |
| Net Assets | $620K |
| Operating Margin | 69.3% |
| Months of Reserves | 89.0 months |
Financial Health Grade: A
In 2023, School Of American Music reported a surplus of $189K with revenue exceeding expenses, holds 89.0 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), School Of American Music's revenue has grown at a compound annual growth rate (CAGR) of 15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.0% | +0.8% | +76.4% |
| 2022 | +18.3% | +12.3% | +11.5% |
| 2021 | -6.4% | +42.1% | +46.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for School Of American Music 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 School Of American Music 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 $189K, with revenue exceeding expenses.
Frequently Asked Questions about School Of American Music
Is School Of American Music a legitimate charity?
Based on AI analysis of IRS 990 filings, School Of American Music (EIN: 455027554) insufficient data. 0 red flags identified, 0 strengths noted.
How does School Of American Music spend its money?
Detailed spending breakdown data is not yet available for School Of American Music. Check back for updated IRS 990 analysis.
Are donations to School Of American Music tax-deductible?
School Of American Music is registered as a tax-exempt nonprofit (EIN: 455027554). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is School Of American Music located?
School Of American Music is headquartered in Three Oaks, Michigan and files with the IRS under EIN 455027554. It is classified under NTEE code A68.
How many years of IRS 990 filings does School Of American Music have?
School Of American Music has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $404K in total revenue.
Filing History
IRS 990 filing history for School Of American Music showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), School Of American Music's revenue has grown by 53.8%, moving from $177K to $272K. Total assets increased by 187.7% over the same period, from $216K to $620K. Total functional expenses rose by 60.8%, from $52K to $84K. In its most recent filing year (2023), School Of American Music reported a surplus of $189K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $272K | $84K | $620K | $0 | — | — |
| 2022 | $196K | $83K | $352K | $230 | — | View 990 |
| 2021 | $166K | $74K | $315K | $0 | — | View 990 |
| 2020 | $177K | $52K | $216K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $272K, expenses of $84K, and assets of $620K (revenue +39.0% year-over-year).
- 2022: Revenue of $196K, expenses of $83K, and assets of $352K (revenue +18.3% year-over-year).
- 2021: Revenue of $166K, expenses of $74K, and assets of $315K (revenue -6.4% year-over-year).
- 2020: Revenue of $177K, expenses of $52K, and assets of $216K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for School Of American Music:
Data Sources and Methodology
This transparency report for School Of American Music 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.