Sphere Ensemble Llc
EIN: 274613778 · Denver, CO · NTEE: A6C
| Metric | Value |
|---|---|
| Total Revenue | $183K |
| Total Expenses | $111K |
| Net Assets | $43K |
Is Sphere Ensemble Llc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sphere Ensemble Llc
Sphere Ensemble Llc (EIN: 274613778) is a nonprofit organization based in Denver, CO, classified under NTEE code A6C. The organization reported total revenue of $183K and total assets of $86K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sphere Ensemble Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sphere Ensemble Llc is a small nonprofit that has been operating for 13 years, with 10 years of IRS 990 filings on record (2014–2024). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $111K |
| Surplus / Deficit | $-939 |
| Total Assets | $58K |
| Total Liabilities | $15K |
| Net Assets | $43K |
| Operating Margin | -0.9% |
| Debt-to-Asset Ratio | 26.5% |
| Months of Reserves | 6.3 months |
Financial Health Grade: B
In 2024, Sphere Ensemble Llc reported a deficit of $939 with expenses exceeding revenue, holds 6.3 months of operating reserves (strong position), has a debt-to-asset ratio of 26.5% (moderate leverage).
Financial Trends
Over 10 years of filings (2014–2024), Sphere Ensemble Llc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +4.8% | +7.2% | +33.1% |
| 2023 | +12.2% | +35.7% | +2.7% |
| 2022 | +87.7% | +54.3% | +71.7% |
| 2021 | +105.8% | +84.9% | +1.9% |
| 2020 | -4.9% | +20.7% | -16.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sphere Ensemble Llc 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 Sphere Ensemble Llc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $939, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.5%.
Frequently Asked Questions about Sphere Ensemble Llc
Is Sphere Ensemble Llc a legitimate charity?
Sphere Ensemble Llc (EIN: 274613778) is a registered tax-exempt nonprofit based in Colorado. It has 10 years of IRS 990 filings on record. Total revenue: $183K. No red flags identified. Financial health grade: B.
How does Sphere Ensemble Llc spend its money?
Sphere Ensemble Llc reported $183K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Sphere Ensemble Llc tax-deductible?
Sphere Ensemble Llc is registered as a tax-exempt nonprofit (EIN: 274613778). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sphere Ensemble Llc located?
Sphere Ensemble Llc is headquartered in Denver, Colorado and files with the IRS under EIN 274613778. It is classified under NTEE code A6C.
How many years of IRS 990 filings does Sphere Ensemble Llc have?
Sphere Ensemble Llc 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 $183K in total revenue.
Filing History
IRS 990 filing history for Sphere Ensemble Llc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2024), Sphere Ensemble Llc's revenue has grown by 106.2%, moving from $53K to $110K. Total assets increased by 181.8% over the same period, from $21K to $58K. Total functional expenses rose by 181.4%, from $39K to $111K. In its most recent filing year (2024), Sphere Ensemble Llc reported a deficit of $939, with expenses exceeding revenue. The organization holds $15K in liabilities against $58K in assets (debt-to-asset ratio: 26.5%), resulting in net assets of $43K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $110K | $111K | $58K | $15K | — | — |
| 2023 | $105K | $104K | $44K | $45 | — | View 990 |
| 2022 | $94K | $76K | $43K | $450 | — | View 990 |
| 2021 | $50K | $49K | $25K | $0 | — | View 990 |
| 2020 | $24K | $27K | $24K | $0 | — | View 990 |
| 2019 | $25K | $22K | $29K | $0 | — | View 990 |
| 2018 | $24K | $3K | $26K | $0 | — | View 990 |
| 2016 | $50K | $46K | $12K | $0 | — | View 990 |
| 2015 | $26K | $39K | $8K | $0 | — | View 990 |
| 2014 | $53K | $39K | $21K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $110K, expenses of $111K, and assets of $58K (revenue +4.8% year-over-year).
- 2023: Revenue of $105K, expenses of $104K, and assets of $44K (revenue +12.2% year-over-year).
- 2022: Revenue of $94K, expenses of $76K, and assets of $43K (revenue +87.7% year-over-year).
- 2021: Revenue of $50K, expenses of $49K, and assets of $25K (revenue +105.8% year-over-year).
- 2020: Revenue of $24K, expenses of $27K, and assets of $24K (revenue -4.9% year-over-year).
- 2019: Revenue of $25K, expenses of $22K, and assets of $29K (revenue +8.0% year-over-year).
- 2018: Revenue of $24K, expenses of $3K, and assets of $26K (revenue -53.2% year-over-year).
- 2016: Revenue of $50K, expenses of $46K, and assets of $12K (revenue +94.7% year-over-year).
- 2015: Revenue of $26K, expenses of $39K, and assets of $8K (revenue -51.5% year-over-year).
- 2014: Revenue of $53K, expenses of $39K, and assets of $21K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sphere Ensemble Llc:
Data Sources and Methodology
This transparency report for Sphere Ensemble Llc 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.