Seattle Pro Musica
EIN: 510175286 · Seattle, WA
| Metric | Value |
|---|---|
| Total Revenue | $469K |
| Total Expenses | $413K |
| Net Assets | $280K |
Is Seattle Pro Musica Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Seattle Pro Musica
Seattle Pro Musica (EIN: 510175286) is a nonprofit organization based in Seattle, WA. The organization reported total revenue of $469K and total assets of $331K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Seattle Pro Musica's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Seattle Pro Musica is a small nonprofit that has been operating for 50 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $416K |
| Total Expenses | $413K |
| Surplus / Deficit | +$3K |
| Total Assets | $286K |
| Total Liabilities | $7K |
| Net Assets | $280K |
| Operating Margin | 0.7% |
| Debt-to-Asset Ratio | 2.3% |
| Months of Reserves | 8.3 months |
Financial Health Grade: A
In 2023, Seattle Pro Musica reported a surplus of $3K with revenue exceeding expenses, holds 8.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Seattle Pro Musica's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.6% | +32.0% | +2.2% |
| 2022 | +16.8% | +9.2% | -4.4% |
| 2021 | -7.5% | -2.5% | +8.6% |
| 2020 | -1.1% | -14.3% | +56.6% |
| 2019 | +16.8% | +15.9% | +16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1976 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Seattle Pro Musica 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 Pro Musica 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 $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.3%.
Frequently Asked Questions about Seattle Pro Musica
Is Seattle Pro Musica a legitimate charity?
Seattle Pro Musica (EIN: 510175286) is a registered tax-exempt nonprofit based in Washington. It has 13 years of IRS 990 filings on record. Total revenue: $469K. No red flags identified. Financial health grade: A.
How does Seattle Pro Musica spend its money?
Seattle Pro Musica reported $469K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Seattle Pro Musica tax-deductible?
Seattle Pro Musica is registered as a tax-exempt nonprofit (EIN: 510175286). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Seattle Pro Musica located?
Seattle Pro Musica is headquartered in Seattle, Washington and files with the IRS under EIN 510175286.
How many years of IRS 990 filings does Seattle Pro Musica have?
Seattle Pro Musica 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 $469K in total revenue.
Filing History
IRS 990 filing history for Seattle Pro Musica showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Seattle Pro Musica's revenue has grown by 85.4%, moving from $225K to $416K. Total assets increased by 79.4% over the same period, from $160K to $286K. Total functional expenses rose by 84.5%, from $224K to $413K. In its most recent filing year (2023), Seattle Pro Musica reported a surplus of $3K, with revenue exceeding expenses. The organization holds $7K in liabilities against $286K in assets (debt-to-asset ratio: 2.3%), resulting in net assets of $280K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $416K | $413K | $286K | $7K | — | View 990 |
| 2022 | $370K | $313K | $280K | $27K | — | — |
| 2021 | $317K | $287K | $293K | $53K | — | View 990 |
| 2020 | $343K | $294K | $270K | $70K | — | — |
| 2019 | $346K | $343K | $172K | $21K | — | View 990 |
| 2018 | $296K | $296K | $148K | $2K | — | View 990 |
| 2017 | $296K | $290K | $146K | $684 | — | View 990 |
| 2016 | $290K | $290K | $152K | $13K | — | View 990 |
| 2015 | $300K | $281K | $153K | $15K | — | View 990 |
| 2014 | $296K | $292K | $137K | $18K | — | View 990 |
| 2013 | $273K | $300K | $133K | $18K | — | View 990 |
| 2012 | $261K | $261K | $156K | $14K | — | View 990 |
| 2011 | $225K | $224K | $160K | $17K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $416K, expenses of $413K, and assets of $286K (revenue +12.6% year-over-year).
- 2022: Revenue of $370K, expenses of $313K, and assets of $280K (revenue +16.8% year-over-year).
- 2021: Revenue of $317K, expenses of $287K, and assets of $293K (revenue -7.5% year-over-year).
- 2020: Revenue of $343K, expenses of $294K, and assets of $270K (revenue -1.1% year-over-year).
- 2019: Revenue of $346K, expenses of $343K, and assets of $172K (revenue +16.8% year-over-year).
- 2018: Revenue of $296K, expenses of $296K, and assets of $148K (revenue +0.1% year-over-year).
- 2017: Revenue of $296K, expenses of $290K, and assets of $146K (revenue +2.0% year-over-year).
- 2016: Revenue of $290K, expenses of $290K, and assets of $152K (revenue -3.4% year-over-year).
- 2015: Revenue of $300K, expenses of $281K, and assets of $153K (revenue +1.5% year-over-year).
- 2014: Revenue of $296K, expenses of $292K, and assets of $137K (revenue +8.6% year-over-year).
- 2013: Revenue of $273K, expenses of $300K, and assets of $133K (revenue +4.6% year-over-year).
- 2012: Revenue of $261K, expenses of $261K, and assets of $156K (revenue +16.1% year-over-year).
- 2011: Revenue of $225K, expenses of $224K, and assets of $160K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Seattle Pro Musica:
Data Sources and Methodology
This transparency report for Seattle Pro Musica 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.