Stillwater Music
EIN: 680619025 · Durango, CO · NTEE: A6C
| Metric | Value |
|---|---|
| Total Revenue | $849K |
| Total Expenses | $783K |
| Net Assets | $364K |
Is Stillwater Music Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Stillwater Music
Stillwater Music (EIN: 680619025) is a nonprofit organization based in Durango, CO, classified under NTEE code A6C. The organization reported total revenue of $849K and total assets of $393K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Stillwater Music's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Stillwater Music is a small nonprofit that has been operating for 18 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $789K |
| Total Expenses | $783K |
| Surplus / Deficit | +$6K |
| Total Assets | $417K |
| Total Liabilities | $53K |
| Net Assets | $364K |
| Operating Margin | 0.8% |
| Debt-to-Asset Ratio | 12.8% |
| Months of Reserves | 6.4 months |
Financial Health Grade: A
In 2023, Stillwater Music reported a surplus of $6K with revenue exceeding expenses, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 12.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Stillwater Music's revenue has grown at a compound annual growth rate (CAGR) of 12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.3% | +6.7% | +15.3% |
| 2022 | +9.8% | +13.6% | -8.4% |
| 2021 | -10.0% | +0.9% | -1.1% |
| 2020 | +5.3% | -6.7% | +31.7% |
| 2019 | +3.3% | +6.0% | +2.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Stillwater 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 Stillwater 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 $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 12.8%.
Frequently Asked Questions about Stillwater Music
Is Stillwater Music a legitimate charity?
Stillwater Music (EIN: 680619025) is a registered tax-exempt nonprofit based in Colorado. It has 13 years of IRS 990 filings on record. Total revenue: $849K. No red flags identified. Financial health grade: A.
How does Stillwater Music spend its money?
Stillwater Music reported $849K 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 Stillwater Music tax-deductible?
Stillwater Music is registered as a tax-exempt nonprofit (EIN: 680619025). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Stillwater Music located?
Stillwater Music is headquartered in Durango, Colorado and files with the IRS under EIN 680619025. It is classified under NTEE code A6C.
How many years of IRS 990 filings does Stillwater Music have?
Stillwater Music 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 $849K in total revenue.
Filing History
IRS 990 filing history for Stillwater Music showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Stillwater Music's revenue has grown by 291.2%, moving from $202K to $789K. Total assets increased by 162.7% over the same period, from $159K to $417K. Total functional expenses rose by 217.6%, from $246K to $783K. In its most recent filing year (2023), Stillwater Music reported a surplus of $6K, with revenue exceeding expenses. The organization holds $53K in liabilities against $417K in assets (debt-to-asset ratio: 12.8%), resulting in net assets of $364K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $789K | $783K | $417K | $53K | — | — |
| 2022 | $722K | $734K | $362K | $5K | — | View 990 |
| 2021 | $657K | $646K | $395K | $26K | — | View 990 |
| 2020 | $730K | $640K | $399K | $42K | — | — |
| 2019 | $694K | $686K | $303K | $36K | — | View 990 |
| 2018 | $672K | $647K | $295K | $36K | — | View 990 |
| 2017 | $340K | $334K | $304K | $75K | — | View 990 |
| 2016 | $337K | $268K | $379K | $3K | — | View 990 |
| 2015 | $315K | $283K | $309K | $3K | — | View 990 |
| 2014 | $335K | $290K | $257K | $9K | — | View 990 |
| 2013 | $279K | $267K | $206K | $3K | — | View 990 |
| 2012 | $0 | $325K | $194K | $3K | — | View 990 |
| 2011 | $202K | $246K | $159K | $733 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $789K, expenses of $783K, and assets of $417K (revenue +9.3% year-over-year).
- 2022: Revenue of $722K, expenses of $734K, and assets of $362K (revenue +9.8% year-over-year).
- 2021: Revenue of $657K, expenses of $646K, and assets of $395K (revenue -10.0% year-over-year).
- 2020: Revenue of $730K, expenses of $640K, and assets of $399K (revenue +5.3% year-over-year).
- 2019: Revenue of $694K, expenses of $686K, and assets of $303K (revenue +3.3% year-over-year).
- 2018: Revenue of $672K, expenses of $647K, and assets of $295K (revenue +97.6% year-over-year).
- 2017: Revenue of $340K, expenses of $334K, and assets of $304K (revenue +1.0% year-over-year).
- 2016: Revenue of $337K, expenses of $268K, and assets of $379K (revenue +6.9% year-over-year).
- 2015: Revenue of $315K, expenses of $283K, and assets of $309K (revenue -6.0% year-over-year).
- 2014: Revenue of $335K, expenses of $290K, and assets of $257K (revenue +20.1% year-over-year).
- 2013: Revenue of $279K, expenses of $267K, and assets of $206K.
- 2012: Revenue of $0, expenses of $325K, and assets of $194K (revenue -100.0% year-over-year).
- 2011: Revenue of $202K, expenses of $246K, and assets of $159K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Stillwater Music:
Data Sources and Methodology
This transparency report for Stillwater 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.