Seattle Arts And Music Group
EIN: 465537705 · Seattle, WA · NTEE: A99
| Metric | Value |
|---|---|
| Total Revenue | $364K |
| Total Expenses | $246K |
| Net Assets | $117K |
Is Seattle Arts And Music Group Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seattle Arts And Music Group
Seattle Arts And Music Group (EIN: 465537705) is a nonprofit organization based in Seattle, WA, classified under NTEE code A99. The organization reported total revenue of $364K and total assets of $13K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seattle Arts And Music Group's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seattle Arts And Music Group is a small nonprofit that has been operating for 12 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $334K |
| Total Expenses | $246K |
| Surplus / Deficit | +$88K |
| Total Assets | $118K |
| Total Liabilities | $849 |
| Net Assets | $117K |
| Operating Margin | 26.4% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 5.8 months |
Financial Health Grade: A
In 2023, Seattle Arts And Music Group reported a surplus of $88K with revenue exceeding expenses, holds 5.8 months of operating reserves (adequate), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 10 years of filings (2014–2023), Seattle Arts And Music Group's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.0% | -29.2% | +307.9% |
| 2022 | +442.0% | +220.2% | +314.3% |
| 2021 | +914.9% | +398.1% | +990.5% |
| 2020 | -97.1% | -91.4% | -93.6% |
| 2019 | -10.3% | -12.9% | +108.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seattle Arts And Music Group 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 Seattle Arts And Music Group 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 $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Seattle Arts And Music Group
Is Seattle Arts And Music Group a legitimate charity?
Based on AI analysis of IRS 990 filings, Seattle Arts And Music Group (EIN: 465537705) insufficient data. 0 red flags identified, 0 strengths noted.
How does Seattle Arts And Music Group spend its money?
Detailed spending breakdown data is not yet available for Seattle Arts And Music Group. Check back for updated IRS 990 analysis.
Are donations to Seattle Arts And Music Group tax-deductible?
Seattle Arts And Music Group is registered as a tax-exempt nonprofit (EIN: 465537705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seattle Arts And Music Group located?
Seattle Arts And Music Group is headquartered in Seattle, Washington and files with the IRS under EIN 465537705. It is classified under NTEE code A99.
How many years of IRS 990 filings does Seattle Arts And Music Group have?
Seattle Arts And Music Group has 10 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 $364K in total revenue.
Filing History
IRS 990 filing history for Seattle Arts And Music Group showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Seattle Arts And Music Group's revenue has grown by 160.6%, moving from $128K to $334K. Total assets increased by 728% over the same period, from $14K to $118K. Total functional expenses rose by 115.7%, from $114K to $246K. In its most recent filing year (2023), Seattle Arts And Music Group reported a surplus of $88K, with revenue exceeding expenses. The organization holds $849 in liabilities against $118K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $117K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $334K | $246K | $118K | $849 | — | — |
| 2022 | $413K | $347K | $29K | $159 | — | — |
| 2021 | $76K | $108K | $7K | $44K | — | View 990 |
| 2020 | $8K | $22K | $640 | $5K | — | View 990 |
| 2019 | $259K | $253K | $10K | $302 | — | — |
| 2018 | $288K | $290K | $5K | $745 | — | View 990 |
| 2017 | $146K | $160K | $6K | $292 | — | — |
| 2016 | $123K | $117K | $20K | $0 | — | View 990 |
| 2015 | $114K | $115K | $13K | $0 | — | View 990 |
| 2014 | $128K | $114K | $14K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $334K, expenses of $246K, and assets of $118K (revenue -19.0% year-over-year).
- 2022: Revenue of $413K, expenses of $347K, and assets of $29K (revenue +442.0% year-over-year).
- 2021: Revenue of $76K, expenses of $108K, and assets of $7K (revenue +914.9% year-over-year).
- 2020: Revenue of $8K, expenses of $22K, and assets of $640 (revenue -97.1% year-over-year).
- 2019: Revenue of $259K, expenses of $253K, and assets of $10K (revenue -10.3% year-over-year).
- 2018: Revenue of $288K, expenses of $290K, and assets of $5K (revenue +97.5% year-over-year).
- 2017: Revenue of $146K, expenses of $160K, and assets of $6K (revenue +18.4% year-over-year).
- 2016: Revenue of $123K, expenses of $117K, and assets of $20K (revenue +8.6% year-over-year).
- 2015: Revenue of $114K, expenses of $115K, and assets of $13K (revenue -11.5% year-over-year).
- 2014: Revenue of $128K, expenses of $114K, and assets of $14K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seattle Arts And Music Group:
Data Sources and Methodology
This transparency report for Seattle Arts And Music Group 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.