Tacoma Youth Chorus
EIN: 911514858 · Tacoma, WA · NTEE: A68Z
| Metric | Value |
|---|---|
| Total Revenue | $300K |
| Total Expenses | $298K |
| Net Assets | $98K |
Is Tacoma Youth Chorus Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Tacoma Youth Chorus
Tacoma Youth Chorus (EIN: 911514858) is a nonprofit organization based in Tacoma, WA, classified under NTEE code A68Z. The organization reported total revenue of $300K and total assets of $129K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tacoma Youth Chorus's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tacoma Youth Chorus is a small nonprofit that has been operating for 28 years, with 14 years of IRS 990 filings on record (2010–2023). 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 | $281K |
| Total Expenses | $298K |
| Surplus / Deficit | $-16,832 |
| Total Assets | $130K |
| Total Liabilities | $31K |
| Net Assets | $98K |
| Operating Margin | -6.0% |
| Debt-to-Asset Ratio | 24.0% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2023, Tacoma Youth Chorus reported a deficit of $17K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 24.0% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Tacoma Youth Chorus's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.2% | +2.5% | -9.7% |
| 2022 | +41.7% | +45.2% | +5.8% |
| 2021 | -15.1% | -33.0% | +18.4% |
| 2020 | -11.1% | -3.8% | -1.3% |
| 2019 | +6.1% | +6.5% | +18.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Tacoma Youth Chorus 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 Tacoma Youth Chorus 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 $17K, with expenses exceeding revenue.
- Debt-to-asset ratio: 24.0%.
Frequently Asked Questions about Tacoma Youth Chorus
Is Tacoma Youth Chorus a legitimate charity?
Based on AI analysis of IRS 990 filings, Tacoma Youth Chorus (EIN: 911514858) insufficient data. 0 red flags identified, 0 strengths noted.
How does Tacoma Youth Chorus spend its money?
Detailed spending breakdown data is not yet available for Tacoma Youth Chorus. Check back for updated IRS 990 analysis.
Are donations to Tacoma Youth Chorus tax-deductible?
Tacoma Youth Chorus is registered as a tax-exempt nonprofit (EIN: 911514858). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Tacoma Youth Chorus located?
Tacoma Youth Chorus is headquartered in Tacoma, Washington and files with the IRS under EIN 911514858. It is classified under NTEE code A68Z.
How many years of IRS 990 filings does Tacoma Youth Chorus have?
Tacoma Youth Chorus 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 $300K in total revenue.
Filing History
IRS 990 filing history for Tacoma Youth Chorus showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Tacoma Youth Chorus's revenue has declined by 2.6%, moving from $289K to $281K. Total assets increased by 65.4% over the same period, from $78K to $130K. Total functional expenses rose by 6.3%, from $281K to $298K. In its most recent filing year (2023), Tacoma Youth Chorus reported a deficit of $17K, with expenses exceeding revenue. The organization holds $31K in liabilities against $130K in assets (debt-to-asset ratio: 24.0%), resulting in net assets of $98K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $281K | $298K | $130K | $31K | — | View 990 |
| 2022 | $324K | $291K | $143K | $28K | — | View 990 |
| 2021 | $229K | $200K | $136K | $54K | — | View 990 |
| 2020 | $270K | $299K | $115K | $61K | — | View 990 |
| 2019 | $303K | $311K | $116K | $35K | — | View 990 |
| 2018 | $286K | $292K | $98K | $10K | — | View 990 |
| 2017 | $304K | $308K | $104K | $9K | — | View 990 |
| 2016 | $322K | $309K | $112K | $14K | — | View 990 |
| 2015 | $283K | $281K | $91K | $6K | — | View 990 |
| 2014 | $283K | $300K | $91K | $8K | — | View 990 |
| 2013 | $318K | $299K | $117K | $17K | — | View 990 |
| 2012 | $320K | $293K | $86K | $5K | — | View 990 |
| 2011 | $308K | $310K | $96K | $41K | — | View 990 |
| 2010 | $289K | $281K | $78K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $281K, expenses of $298K, and assets of $130K (revenue -13.2% year-over-year).
- 2022: Revenue of $324K, expenses of $291K, and assets of $143K (revenue +41.7% year-over-year).
- 2021: Revenue of $229K, expenses of $200K, and assets of $136K (revenue -15.1% year-over-year).
- 2020: Revenue of $270K, expenses of $299K, and assets of $115K (revenue -11.1% year-over-year).
- 2019: Revenue of $303K, expenses of $311K, and assets of $116K (revenue +6.1% year-over-year).
- 2018: Revenue of $286K, expenses of $292K, and assets of $98K (revenue -6.0% year-over-year).
- 2017: Revenue of $304K, expenses of $308K, and assets of $104K (revenue -5.7% year-over-year).
- 2016: Revenue of $322K, expenses of $309K, and assets of $112K (revenue +13.9% year-over-year).
- 2015: Revenue of $283K, expenses of $281K, and assets of $91K (revenue -0.1% year-over-year).
- 2014: Revenue of $283K, expenses of $300K, and assets of $91K (revenue -10.8% year-over-year).
- 2013: Revenue of $318K, expenses of $299K, and assets of $117K (revenue -0.6% year-over-year).
- 2012: Revenue of $320K, expenses of $293K, and assets of $86K (revenue +3.9% year-over-year).
- 2011: Revenue of $308K, expenses of $310K, and assets of $96K (revenue +6.5% year-over-year).
- 2010: Revenue of $289K, expenses of $281K, and assets of $78K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tacoma Youth Chorus:
Data Sources and Methodology
This transparency report for Tacoma Youth Chorus 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.