Suzuki Orff School For Young Musicians
EIN: 363137564 · Chicago, IL · NTEE: A6E0
| Metric | Value |
|---|---|
| Total Revenue | $936K |
| Total Expenses | $953K |
| Net Assets | $221K |
Is Suzuki Orff School For Young Musicians Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Suzuki Orff School For Young Musicians
Suzuki Orff School For Young Musicians (EIN: 363137564) is a nonprofit organization based in Chicago, IL, classified under NTEE code A6E0. The organization reported total revenue of $936K and total assets of $480K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Suzuki Orff School For Young Musicians's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Suzuki Orff School For Young Musicians is a small nonprofit that has been operating for 45 years, with 14 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $877K |
| Total Expenses | $953K |
| Surplus / Deficit | $-76,338 |
| Total Assets | $471K |
| Total Liabilities | $250K |
| Net Assets | $221K |
| Operating Margin | -8.7% |
| Debt-to-Asset Ratio | 53.0% |
| Months of Reserves | 5.9 months |
Financial Health Grade: C
In 2023, Suzuki Orff School For Young Musicians reported a deficit of $76K with expenses exceeding revenue, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 53.0% (high leverage).
Financial Trends
Over 14 years of filings (2011–2023), Suzuki Orff School For Young Musicians's revenue has grown at a compound annual growth rate (CAGR) of 0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -25.1% | -5.9% | -12.1% |
| 2022 | +13.6% | +11.3% | +21.1% |
| 2021 | +17.2% | -14.1% | -4.4% |
| 2020 | -10.3% | +15.5% | -10.5% |
| 2019 | +146.3% | +185.2% | +12.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1981 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Suzuki Orff School For Young Musicians 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 Orff School For Young Musicians 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 $76K, with expenses exceeding revenue.
- Debt-to-asset ratio: 53.0%.
Frequently Asked Questions about Suzuki Orff School For Young Musicians
Is Suzuki Orff School For Young Musicians a legitimate charity?
Suzuki Orff School For Young Musicians (EIN: 363137564) is a registered tax-exempt nonprofit based in Illinois. It has 14 years of IRS 990 filings on record. Total revenue: $936K. No red flags identified. Financial health grade: C.
How does Suzuki Orff School For Young Musicians spend its money?
Suzuki Orff School For Young Musicians reported $936K in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Suzuki Orff School For Young Musicians tax-deductible?
Suzuki Orff School For Young Musicians is registered as a tax-exempt nonprofit (EIN: 363137564). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Suzuki Orff School For Young Musicians located?
Suzuki Orff School For Young Musicians is headquartered in Chicago, Illinois and files with the IRS under EIN 363137564. It is classified under NTEE code A6E0.
How many years of IRS 990 filings does Suzuki Orff School For Young Musicians have?
Suzuki Orff School For Young Musicians has 14 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 $936K in total revenue.
Filing History
IRS 990 filing history for Suzuki Orff School For Young Musicians showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2023), Suzuki Orff School For Young Musicians's revenue has grown by 1.9%, moving from $860K to $877K. Total assets increased by 28.3% over the same period, from $367K to $471K. Total functional expenses rose by 14.9%, from $829K to $953K. In its most recent filing year (2023), Suzuki Orff School For Young Musicians reported a deficit of $76K, with expenses exceeding revenue. The organization holds $250K in liabilities against $471K in assets (debt-to-asset ratio: 53.0%), resulting in net assets of $221K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $877K | $953K | $471K | $250K | — | — |
| 2022 | $1.2M | $1.0M | $536K | $238K | — | — |
| 2021 | $1.0M | $910K | $442K | $302K | — | View 990 |
| 2020 | $880K | $1.1M | $463K | $443K | — | View 990 |
| 2019 | $981K | $917K | $517K | $317K | — | View 990 |
| 2018 | $398K | $322K | $462K | $325K | — | View 990 |
| 2018 | $947K | $941K | $451K | $391K | — | View 990 |
| 2017 | $946K | $938K | $384K | $331K | — | View 990 |
| 2016 | $854K | $820K | $436K | $390K | — | View 990 |
| 2015 | $787K | $790K | $334K | $322K | — | View 990 |
| 2014 | $844K | $839K | $393K | $377K | — | View 990 |
| 2013 | $835K | $864K | $420K | $408K | — | View 990 |
| 2012 | $855K | $882K | $455K | $414K | — | View 990 |
| 2011 | $860K | $829K | $367K | $311K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $877K, expenses of $953K, and assets of $471K (revenue -25.1% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.0M, and assets of $536K (revenue +13.6% year-over-year).
- 2021: Revenue of $1.0M, expenses of $910K, and assets of $442K (revenue +17.2% year-over-year).
- 2020: Revenue of $880K, expenses of $1.1M, and assets of $463K (revenue -10.3% year-over-year).
- 2019: Revenue of $981K, expenses of $917K, and assets of $517K (revenue +146.3% year-over-year).
- 2018: Revenue of $398K, expenses of $322K, and assets of $462K (revenue -58.0% year-over-year).
- 2018: Revenue of $947K, expenses of $941K, and assets of $451K (revenue +0.2% year-over-year).
- 2017: Revenue of $946K, expenses of $938K, and assets of $384K (revenue +10.7% year-over-year).
- 2016: Revenue of $854K, expenses of $820K, and assets of $436K (revenue +8.6% year-over-year).
- 2015: Revenue of $787K, expenses of $790K, and assets of $334K (revenue -6.8% year-over-year).
- 2014: Revenue of $844K, expenses of $839K, and assets of $393K (revenue +1.1% year-over-year).
- 2013: Revenue of $835K, expenses of $864K, and assets of $420K (revenue -2.3% year-over-year).
- 2012: Revenue of $855K, expenses of $882K, and assets of $455K (revenue -0.6% year-over-year).
- 2011: Revenue of $860K, expenses of $829K, and assets of $367K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Suzuki Orff School For Young Musicians:
Data Sources and Methodology
This transparency report for Suzuki Orff School For Young Musicians 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.