The Music Factory The Community Music School Of West Central Ohio
The Music Factory reports $0 in latest revenue and assets, indicating potential operational cessation.
EIN: 201171981 · Chandler, AZ · Updated: 2026-03-28
Is The Music Factory The Community Music School Of West Central Ohio Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Music Factory The Community Music School Of West Central Ohio directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Music Factory The Community Music School Of West Central Ohio
The Music Factory The Community Music School Of West Central Ohio (EIN: 201171981) is a nonprofit organization based in Chandler, AZ. 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 The Music Factory The Community Music School Of West Central Ohio's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Music Factory The Community Music School Of West Central Ohio is a small nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 4.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $102K |
| Total Expenses | $113K |
| Surplus / Deficit | $-10,498 |
| Total Assets | $24K |
| Total Liabilities | $9K |
| Net Assets | $15K |
| Operating Margin | -10.3% |
| Debt-to-Asset Ratio | 38.6% |
| Months of Reserves | 2.5 months |
Financial Health Grade: C
In 2015, The Music Factory The Community Music School Of West Central Ohio reported a deficit of $10K with expenses exceeding revenue, holds 2.5 months of operating reserves (limited), has a debt-to-asset ratio of 38.6% (moderate leverage).
Financial Trends
Over 5 years of filings (2011–2015), The Music Factory The Community Music School Of West Central Ohio's revenue has grown at a compound annual growth rate (CAGR) of 4.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -20.7% | -6.4% | -39.8% |
| 2014 | +16.5% | -2.4% | +1.8% |
| 2013 | -6.5% | +7.0% | -1.6% |
| 2012 | +36.9% | +6.1% | +15.4% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Music Factory The Community Music School Of West Central Ohio with a Mission Score of 10 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.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, The Music Factory The Community Music School Of West Central Ohio 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.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
- Debt-to-asset ratio: 38.6%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, suggesting a volunteer-led organization or one where executive roles are unpaid. This is highly unusual for an organization that previously had over $100,000 in annual revenue, and in the current state of $0 revenue, it aligns with a lack of active operations.
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 Music Factory The Community Music School Of West Central Ohio's IRS 990 filings:
- Latest reported revenue and assets are $0, indicating potential operational cessation.
- Unknown NTEE code, limiting sector-specific analysis.
Strengths
The following positive indicators were identified for The Music Factory The Community Music School Of West Central Ohio:
- Historically reported 0% officer compensation, suggesting a volunteer-driven model when active.
Frequently Asked Questions about The Music Factory The Community Music School Of West Central Ohio
Is The Music Factory The Community Music School Of West Central Ohio a legitimate charity?
Based on AI analysis of IRS 990 filings, The Music Factory The Community Music School Of West Central Ohio (EIN: 201171981) significant concerns. Mission Score: 10/100. 2 red flags identified, 1 strength noted.
How does The Music Factory The Community Music School Of West Central Ohio spend its money?
The Music Factory The Community Music School Of West Central Ohio directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Music Factory The Community Music School Of West Central Ohio tax-deductible?
The Music Factory The Community Music School Of West Central Ohio is registered as a tax-exempt nonprofit (EIN: 201171981). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Music Factory still operational?
Based on the latest reported revenue and assets of $0, it is highly probable that The Music Factory is no longer actively operational or has ceased its financial activities.
What caused the significant decline in financial activity?
The provided data does not specify the reasons for the decline, but the transition from over $100,000 in annual revenue to $0 suggests a major operational or funding challenge.
Filing History
IRS 990 filing history for The Music Factory The Community Music School Of West Central Ohio showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), The Music Factory The Community Music School Of West Central Ohio's revenue has grown by 18.3%, moving from $86K to $102K. Total assets decreased by 30.4% over the same period, from $34K to $24K. Total functional expenses rose by 3.7%, from $109K to $113K. In its most recent filing year (2015), The Music Factory The Community Music School Of West Central Ohio reported a deficit of $10K, with expenses exceeding revenue. The organization holds $9K in liabilities against $24K in assets (debt-to-asset ratio: 38.6%), resulting in net assets of $15K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $102K | $113K | $24K | $9K | — | View 990 |
| 2014 | $129K | $121K | $40K | $15K | — | View 990 |
| 2013 | $111K | $123K | $39K | $22K | — | View 990 |
| 2012 | $118K | $115K | $40K | $10K | — | View 990 |
| 2011 | $86K | $109K | $34K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $102K, expenses of $113K, and assets of $24K (revenue -20.7% year-over-year).
- 2014: Revenue of $129K, expenses of $121K, and assets of $40K (revenue +16.5% year-over-year).
- 2013: Revenue of $111K, expenses of $123K, and assets of $39K (revenue -6.5% year-over-year).
- 2012: Revenue of $118K, expenses of $115K, and assets of $40K (revenue +36.9% year-over-year).
- 2011: Revenue of $86K, expenses of $109K, and assets of $34K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Music Factory The Community Music School Of West Central Ohio:
Data Sources and Methodology
This transparency report for The Music Factory The Community Music School Of West Central Ohio 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.