The Discovery Orchestra Inc
The Discovery Orchestra: Mixed Financials, Strong Mission Focus
EIN: 222822802 · Summit, NJ · NTEE: A690 · Updated: 2026-04-04
Is The Discovery Orchestra Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Discovery Orchestra Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Discovery Orchestra Inc
The Discovery Orchestra Inc (EIN: 222822802) is a nonprofit organization based in Summit, NJ, classified under NTEE code A690. The organization reported total revenue of $425K and total assets of $501K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Discovery Orchestra Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Discovery Orchestra Inc with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 70%
- fundraising: 15%
According to IRS 990 filings, The Discovery Orchestra Inc allocates its expenses as follows: admin: 15%, programs: 70%, fundraising: 15%. Approximately 70% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
Executive compensation is not reported as a significant expense in the available filings, indicating a lean operational structure.
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 The Discovery Orchestra Inc's IRS 990 filings:
- Total expenses exceeded revenue in 2023 ($672,802 vs. $430,124), leading to a decrease in net assets.
- Significant fluctuation in revenue and expenses over the past five years, suggesting potential instability in funding or program delivery.
Strengths
The following positive indicators were identified for The Discovery Orchestra Inc:
- Consistently low liabilities relative to assets, indicating good financial health despite revenue fluctuations.
- The organization maintains a positive net asset position, demonstrating long-term solvency.
- A clear mission focused on music education and appreciation.
Frequently Asked Questions about The Discovery Orchestra Inc
Is The Discovery Orchestra Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Discovery Orchestra Inc (EIN: 222822802) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does The Discovery Orchestra Inc spend its money?
The Discovery Orchestra Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Discovery Orchestra Inc tax-deductible?
The Discovery Orchestra Inc is registered as a tax-exempt nonprofit (EIN: 222822802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does The Discovery Orchestra Inc do?
The Discovery Orchestra Inc is a nonprofit organization in the Arts, Culture & Humanities sector, located in Summit, New Jersey. It is classified under NTEE code A690.
How much revenue does The Discovery Orchestra Inc have?
The Discovery Orchestra Inc reported total revenue of $424,555. Based on 12 IRS 990 filings on record.
What are The Discovery Orchestra Inc's total assets?
The Discovery Orchestra Inc holds total assets of $500,976 as reported in IRS 990 filings.
Where is The Discovery Orchestra Inc located?
The Discovery Orchestra Inc is based in Summit, New Jersey.
What is The Discovery Orchestra Inc's EIN?
The Discovery Orchestra Inc's Employer Identification Number (EIN) is 222822802. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is The Discovery Orchestra Inc?
The Discovery Orchestra Inc is classified under NTEE code A690 (Arts, Culture & Humanities).
Is The Discovery Orchestra Inc a registered 501(c)(3)?
Yes, The Discovery Orchestra Inc is recognized as a tax-exempt organization by the IRS. EIN: 222822802.
Does The Discovery Orchestra Inc file IRS Form 990?
Yes, The Discovery Orchestra Inc has 12 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was The Discovery Orchestra Inc's revenue in 2023?
In the 202306 filing period, The Discovery Orchestra Inc reported total revenue of $430,124, total expenses of $672,802, and net assets of $505,660.
Is The Discovery Orchestra Inc's revenue growing or declining?
The Discovery Orchestra Inc's revenue is growing. Revenue went from $313,668 (202206) to $430,124 (202306), a +37.1% change. Based on 12 filings on record.
What is The Discovery Orchestra Inc's most recent 990 filing?
The most recent IRS Form 990 filing for The Discovery Orchestra Inc covers tax period 202306. It shows revenue of $430,124, expenses of $672,802, total assets of $505,660, and liabilities of $31,869.
How much does The Discovery Orchestra Inc spend on programs vs administration?
Based on IRS 990 analysis, The Discovery Orchestra Inc allocates approximately 70% of expenses to program services, 15% to administrative costs, and 15% to fundraising. Program spending is moderate relative to overhead.
Is The Discovery Orchestra Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, The Discovery Orchestra Inc appears trustworthy. Mission Score: 85/100 (Excellent). 2 red flags identified. 3 strengths noted.
What are the red flags for The Discovery Orchestra Inc?
The following concerns were identified: Total expenses exceeded revenue in 2023 ($672,802 vs. $430,124), leading to a decrease in net assets.. Significant fluctuation in revenue and expenses over the past five years, suggesting potential instability in funding or program delivery.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are The Discovery Orchestra Inc's strengths?
Positive indicators for The Discovery Orchestra Inc include: Consistently low liabilities relative to assets, indicating good financial health despite revenue fluctuations.. The organization maintains a positive net asset position, demonstrating long-term solvency.. A clear mission focused on music education and appreciation.. These findings are derived from AI analysis of the organization's financial filings.
How does The Discovery Orchestra Inc compensate executives?
Executive compensation is not reported as a significant expense in the available filings, indicating a lean operational structure. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
What factors contributed to the substantial increase in expenses in 2023 compared to previous years, particularly given the lower revenue?
The 2023 filing shows total expenses of $672,802, a significant jump from $305,982 in 2022 and $260,561 in 2021. This increase, coupled with a revenue of $430,124, resulted in a deficit for the year. Further investigation into the specific expense categories would be needed to understand this change.
How does The Discovery Orchestra plan to address the trend of expenses exceeding revenue, as seen in 2023, to ensure long-term financial sustainability?
With expenses of $672,802 surpassing revenue of $430,124 in 2023, the organization experienced a net loss. Understanding their strategy to either increase funding or control costs will be crucial for future financial health, especially given the decrease in assets from $734,181 in 2022 to $505,660 in 2023.
Filing History
IRS 990 filing history for The Discovery Orchestra Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), The Discovery Orchestra Inc's revenue has declined by 5.1%, moving from $453K to $430K. Total assets increased by 537.4% over the same period, from $79K to $506K. Total functional expenses rose by 35.6%, from $496K to $673K. In its most recent filing year (2023), The Discovery Orchestra Inc reported a deficit of $243K, with expenses exceeding revenue. The organization holds $32K in liabilities against $506K in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $474K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $430K | $673K | $506K | $32K | — | View 990 |
| 2022 | $314K | $306K | $734K | $18K | — | View 990 |
| 2021 | $817K | $261K | $725K | $16K | — | View 990 |
| 2020 | $351K | $511K | $204K | $51K | — | View 990 |
| 2019 | $456K | $297K | $326K | $13K | — | View 990 |
| 2018 | $347K | $361K | $169K | $14K | — | View 990 |
| 2017 | $506K | $368K | $185K | $16K | — | View 990 |
| 2016 | $455K | $482K | $64K | $34K | — | View 990 |
| 2015 | $469K | $463K | $73K | $15K | — | View 990 |
| 2014 | $395K | $343K | $62K | $10K | — | View 990 |
| 2013 | $391K | $387K | $48K | $48K | — | View 990 |
| 2012 | $453K | $496K | $79K | $84K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $430K, expenses of $673K, and assets of $506K (revenue +37.1% year-over-year).
- 2022: Revenue of $314K, expenses of $306K, and assets of $734K (revenue -61.6% year-over-year).
- 2021: Revenue of $817K, expenses of $261K, and assets of $725K (revenue +132.7% year-over-year).
- 2020: Revenue of $351K, expenses of $511K, and assets of $204K (revenue -23.1% year-over-year).
- 2019: Revenue of $456K, expenses of $297K, and assets of $326K (revenue +31.4% year-over-year).
- 2018: Revenue of $347K, expenses of $361K, and assets of $169K (revenue -31.4% year-over-year).
- 2017: Revenue of $506K, expenses of $368K, and assets of $185K (revenue +11.2% year-over-year).
- 2016: Revenue of $455K, expenses of $482K, and assets of $64K (revenue -3.1% year-over-year).
- 2015: Revenue of $469K, expenses of $463K, and assets of $73K (revenue +18.7% year-over-year).
- 2014: Revenue of $395K, expenses of $343K, and assets of $62K (revenue +1.0% year-over-year).
- 2013: Revenue of $391K, expenses of $387K, and assets of $48K (revenue -13.6% year-over-year).
- 2012: Revenue of $453K, expenses of $496K, and assets of $79K.
Data Sources and Methodology
This transparency report for The Discovery Orchestra Inc 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.