Sweet Chariot Music Festival

Sweet Chariot Music Festival reported $20,090 in revenue and $9,999 in expenses in its sole 2015 filing.

EIN: 10460062 · Rockport, ME · NTEE: A20 · Updated: 2026-03-28

$0Revenue
$0Assets
60/100Mission Score (Good)
A20

About Sweet Chariot Music Festival

Sweet Chariot Music Festival (EIN: 10460062) is a nonprofit organization based in Rockport, ME, classified under NTEE code A20. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sweet Chariot Music Festival's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Sweet Chariot Music Festival appears to be a very small, nascent organization based on its single available IRS 990 filing from 2015. With reported revenue of $20,090 and expenses of $9,999, the organization operated with a surplus in that period. Its assets were minimal at $291, and it reported no liabilities, indicating a clean balance sheet for its size. The lack of more recent filings or any reported revenue/assets for the latest period suggests the organization may be inactive or has not met filing thresholds in subsequent years, which limits a comprehensive assessment of its current financial health and ongoing operational efficiency. The absence of officer compensation indicates that, at least in 2015, leadership was likely volunteer-based, which is common for very small nonprofits.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Sweet Chariot Music Festival with a Mission Score of 60 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

According to IRS 990 filings, Sweet Chariot Music Festival allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

No officer compensation was reported in the 2015 filing, suggesting a volunteer-led organization, which is appropriate given its very small scale and revenue of $20,090.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Sweet Chariot Music Festival's IRS 990 filings:

Strengths

The following positive indicators were identified for Sweet Chariot Music Festival:

Frequently Asked Questions about Sweet Chariot Music Festival

Is Sweet Chariot Music Festival still active?

The latest available data shows $0 in revenue and assets, and the most recent IRS 990 filing is from 2015, suggesting the organization may no longer be active or has not met filing thresholds in recent years.

What were the specific program activities funded by the $9,999 in expenses?

The IRS 990 filing for 2015 reports total expenses of $9,999, but without a detailed breakdown of program service accomplishments or specific expense categories, it's not possible to determine the exact nature of the program spending from the provided data.

Filing History

IRS 990 filing history for Sweet Chariot Music Festival showing financial trends over 1 year of public records:

In its most recent filing year (2015), Sweet Chariot Music Festival reported a surplus of $10K, with revenue exceeding expenses.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2015 $20K $10K $291 $0 View 990

Data Sources and Methodology

This transparency report for Sweet Chariot Music Festival 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.

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