Suzuki Music Academy Of Kalamazoo
EIN: 841619938 · Kalamazoo, MI · NTEE: A68
About Suzuki Music Academy Of Kalamazoo
Suzuki Music Academy Of Kalamazoo (EIN: 841619938) is a nonprofit organization based in Kalamazoo, MI, classified under NTEE code A68. The organization reported total revenue of $202K and total assets of $22K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suzuki Music Academy Of Kalamazoo's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Suzuki Music Academy Of Kalamazoo 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 Suzuki Music Academy Of Kalamazoo 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.
Filing History
IRS 990 filing history for Suzuki Music Academy Of Kalamazoo showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2024), Suzuki Music Academy Of Kalamazoo's revenue has grown by 4.3%, moving from $163K to $170K. Total assets decreased by 81.1% over the same period, from $69K to $13K. Total functional expenses rose by 80.4%, from $99K to $178K. In its most recent filing year (2024), Suzuki Music Academy Of Kalamazoo reported a deficit of $8K, with expenses exceeding revenue. The organization holds $264 in liabilities against $13K in assets (debt-to-asset ratio: 2.0%), resulting in net assets of $13K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $170K | $178K | $13K | $264 | — | — |
| 2023 | $176K | $169K | $21K | $648 | — | — |
| 2022 | $155K | $168K | $19K | $1K | — | — |
| 2021 | $142K | $125K | $84K | $571 | — | — |
| 2019 | $133K | $133K | $68K | $370 | — | View 990 |
| 2018 | $126K | $126K | $68K | $222 | — | View 990 |
| 2017 | $126K | $128K | $67K | $355 | — | — |
| 2016 | $163K | $99K | $69K | $306 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $170K, expenses of $178K, and assets of $13K (revenue -3.3% year-over-year).
- 2023: Revenue of $176K, expenses of $169K, and assets of $21K (revenue +13.8% year-over-year).
- 2022: Revenue of $155K, expenses of $168K, and assets of $19K (revenue +9.3% year-over-year).
- 2021: Revenue of $142K, expenses of $125K, and assets of $84K (revenue +6.7% year-over-year).
- 2019: Revenue of $133K, expenses of $133K, and assets of $68K (revenue +5.2% year-over-year).
- 2018: Revenue of $126K, expenses of $126K, and assets of $68K (revenue +-0.0% year-over-year).
- 2017: Revenue of $126K, expenses of $128K, and assets of $67K (revenue -22.7% year-over-year).
- 2016: Revenue of $163K, expenses of $99K, and assets of $69K.
Data Sources and Methodology
This transparency report for Suzuki Music Academy Of Kalamazoo 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.