Sound Circle Center For Arts And Anthroposophy
EIN: 911826414 · Seattle, WA · NTEE: A70
| Metric | Value |
|---|---|
| Total Revenue | $336K |
| Total Expenses | $420K |
| Net Assets | $177K |
Is Sound Circle Center For Arts And Anthroposophy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sound Circle Center For Arts And Anthroposophy
Sound Circle Center For Arts And Anthroposophy (EIN: 911826414) is a nonprofit organization based in Seattle, WA, classified under NTEE code A70. The organization reported total revenue of $336K and total assets of $181K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sound Circle Center For Arts And Anthroposophy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sound Circle Center For Arts And Anthroposophy is a small nonprofit that has been operating for 28 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $416K |
| Total Expenses | $420K |
| Surplus / Deficit | $-3,852 |
| Total Assets | $235K |
| Total Liabilities | $58K |
| Net Assets | $177K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 24.7% |
| Months of Reserves | 6.7 months |
Financial Health Grade: B
In 2023, Sound Circle Center For Arts And Anthroposophy reported a deficit of $4K with expenses exceeding revenue, holds 6.7 months of operating reserves (strong position), has a debt-to-asset ratio of 24.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sound Circle Center For Arts And Anthroposophy's revenue has grown at a compound annual growth rate (CAGR) of 7.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.8% | +17.8% | +23.0% |
| 2022 | +22.0% | -0.7% | +53.2% |
| 2021 | +71.4% | +72.3% | -7.8% |
| 2020 | -7.6% | -6.4% | -8.4% |
| 2019 | -26.1% | -5.9% | -1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sound Circle Center For Arts And Anthroposophy 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 Sound Circle Center For Arts And Anthroposophy 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 $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.7%.
Frequently Asked Questions about Sound Circle Center For Arts And Anthroposophy
Is Sound Circle Center For Arts And Anthroposophy a legitimate charity?
Sound Circle Center For Arts And Anthroposophy (EIN: 911826414) is a registered tax-exempt nonprofit based in Washington. It has 13 years of IRS 990 filings on record. Total revenue: $336K. No red flags identified. Financial health grade: B.
How does Sound Circle Center For Arts And Anthroposophy spend its money?
Sound Circle Center For Arts And Anthroposophy reported $336K 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 Sound Circle Center For Arts And Anthroposophy tax-deductible?
Sound Circle Center For Arts And Anthroposophy is registered as a tax-exempt nonprofit (EIN: 911826414). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sound Circle Center For Arts And Anthroposophy located?
Sound Circle Center For Arts And Anthroposophy is headquartered in Seattle, Washington and files with the IRS under EIN 911826414. It is classified under NTEE code A70.
How many years of IRS 990 filings does Sound Circle Center For Arts And Anthroposophy have?
Sound Circle Center For Arts And Anthroposophy 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 $336K in total revenue.
Filing History
IRS 990 filing history for Sound Circle Center For Arts And Anthroposophy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sound Circle Center For Arts And Anthroposophy's revenue has grown by 124.3%, moving from $185K to $416K. Total assets increased by 59.5% over the same period, from $147K to $235K. Total functional expenses rose by 75.7%, from $239K to $420K. In its most recent filing year (2023), Sound Circle Center For Arts And Anthroposophy reported a deficit of $4K, with expenses exceeding revenue. The organization holds $58K in liabilities against $235K in assets (debt-to-asset ratio: 24.7%), resulting in net assets of $177K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $416K | $420K | $235K | $58K | — | — |
| 2022 | $419K | $356K | $191K | $48K | — | View 990 |
| 2021 | $343K | $359K | $125K | $41K | — | View 990 |
| 2020 | $200K | $208K | $135K | $87K | — | — |
| 2019 | $217K | $223K | $148K | $78K | — | View 990 |
| 2018 | $293K | $236K | $151K | $64K | — | View 990 |
| 2017 | $20K | $248K | $118K | $65K | — | View 990 |
| 2016 | $246K | $243K | $85K | $60K | — | View 990 |
| 2015 | $184K | $179K | $58K | $36K | — | View 990 |
| 2014 | $121K | $183K | $34K | $12K | — | View 990 |
| 2013 | $228K | $227K | $93K | $7K | — | View 990 |
| 2012 | $127K | $174K | $130K | $45K | — | View 990 |
| 2011 | $185K | $239K | $147K | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $416K, expenses of $420K, and assets of $235K (revenue -0.8% year-over-year).
- 2022: Revenue of $419K, expenses of $356K, and assets of $191K (revenue +22.0% year-over-year).
- 2021: Revenue of $343K, expenses of $359K, and assets of $125K (revenue +71.4% year-over-year).
- 2020: Revenue of $200K, expenses of $208K, and assets of $135K (revenue -7.6% year-over-year).
- 2019: Revenue of $217K, expenses of $223K, and assets of $148K (revenue -26.1% year-over-year).
- 2018: Revenue of $293K, expenses of $236K, and assets of $151K (revenue +1385.5% year-over-year).
- 2017: Revenue of $20K, expenses of $248K, and assets of $118K (revenue -92.0% year-over-year).
- 2016: Revenue of $246K, expenses of $243K, and assets of $85K (revenue +34.1% year-over-year).
- 2015: Revenue of $184K, expenses of $179K, and assets of $58K (revenue +52.3% year-over-year).
- 2014: Revenue of $121K, expenses of $183K, and assets of $34K (revenue -47.2% year-over-year).
- 2013: Revenue of $228K, expenses of $227K, and assets of $93K (revenue +79.7% year-over-year).
- 2012: Revenue of $127K, expenses of $174K, and assets of $130K (revenue -31.4% year-over-year).
- 2011: Revenue of $185K, expenses of $239K, and assets of $147K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sound Circle Center For Arts And Anthroposophy:
Data Sources and Methodology
This transparency report for Sound Circle Center For Arts And Anthroposophy 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.