Third Angle New Music Ensemble
EIN: 930918692 · Portland, OR · NTEE: A68Z
| Metric | Value |
|---|---|
| Total Revenue | $375K |
| Total Expenses | $371K |
| Net Assets | $257K |
Is Third Angle New Music Ensemble Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Third Angle New Music Ensemble
Third Angle New Music Ensemble (EIN: 930918692) is a nonprofit organization based in Portland, OR, classified under NTEE code A68Z. The organization reported total revenue of $375K and total assets of $234K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Third Angle New Music Ensemble's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Third Angle New Music Ensemble is a small nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $369K |
| Total Expenses | $371K |
| Surplus / Deficit | $-2,389 |
| Total Assets | $270K |
| Total Liabilities | $13K |
| Net Assets | $257K |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 4.8% |
| Months of Reserves | 8.7 months |
Financial Health Grade: B
In 2024, Third Angle New Music Ensemble reported a deficit of $2K with expenses exceeding revenue, holds 8.7 months of operating reserves (strong position), has a debt-to-asset ratio of 4.8% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Third Angle New Music Ensemble's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -20.6% | +11.1% | -1.7% |
| 2023 | +46.9% | -19.3% | +84.5% |
| 2022 | +9.5% | +84.9% | -34.6% |
| 2021 | -2.9% | +1348.0% | +39.7% |
| 2020 | -11.2% | -94.4% | +0.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Third Angle New Music Ensemble 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 Third Angle New Music Ensemble 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.8%.
Frequently Asked Questions about Third Angle New Music Ensemble
Is Third Angle New Music Ensemble a legitimate charity?
Based on AI analysis of IRS 990 filings, Third Angle New Music Ensemble (EIN: 930918692) insufficient data. 0 red flags identified, 0 strengths noted.
How does Third Angle New Music Ensemble spend its money?
Detailed spending breakdown data is not yet available for Third Angle New Music Ensemble. Check back for updated IRS 990 analysis.
Are donations to Third Angle New Music Ensemble tax-deductible?
Third Angle New Music Ensemble is registered as a tax-exempt nonprofit (EIN: 930918692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Third Angle New Music Ensemble located?
Third Angle New Music Ensemble is headquartered in Portland, Oregon and files with the IRS under EIN 930918692. It is classified under NTEE code A68Z.
How many years of IRS 990 filings does Third Angle New Music Ensemble have?
Third Angle New Music Ensemble has 13 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 $375K in total revenue.
Filing History
IRS 990 filing history for Third Angle New Music Ensemble showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Third Angle New Music Ensemble's revenue has grown by 119.6%, moving from $168K to $369K. Total assets increased by 371.6% over the same period, from $57K to $270K. Total functional expenses rose by 122.7%, from $167K to $371K. In its most recent filing year (2024), Third Angle New Music Ensemble reported a deficit of $2K, with expenses exceeding revenue. The organization holds $13K in liabilities against $270K in assets (debt-to-asset ratio: 4.8%), resulting in net assets of $257K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $369K | $371K | $270K | $13K | — | — |
| 2023 | $464K | $334K | $274K | $15K | — | — |
| 2022 | $316K | $414K | $149K | $19K | — | View 990 |
| 2021 | $289K | $224K | $227K | $10K | — | View 990 |
| 2020 | $297K | $15K | $163K | $10K | — | View 990 |
| 2019 | $335K | $278K | $162K | $10K | — | View 990 |
| 2018 | $278K | $261K | $106K | $10K | — | View 990 |
| 2017 | $257K | $265K | $89K | $10K | — | View 990 |
| 2016 | $222K | $217K | $69K | $10K | — | View 990 |
| 2015 | $175K | $170K | $63K | $10K | — | View 990 |
| 2014 | $157K | $157K | $58K | $10K | — | View 990 |
| 2013 | $163K | $161K | $59K | $10K | — | — |
| 2012 | $168K | $167K | $57K | $10K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $369K, expenses of $371K, and assets of $270K (revenue -20.6% year-over-year).
- 2023: Revenue of $464K, expenses of $334K, and assets of $274K (revenue +46.9% year-over-year).
- 2022: Revenue of $316K, expenses of $414K, and assets of $149K (revenue +9.5% year-over-year).
- 2021: Revenue of $289K, expenses of $224K, and assets of $227K (revenue -2.9% year-over-year).
- 2020: Revenue of $297K, expenses of $15K, and assets of $163K (revenue -11.2% year-over-year).
- 2019: Revenue of $335K, expenses of $278K, and assets of $162K (revenue +20.5% year-over-year).
- 2018: Revenue of $278K, expenses of $261K, and assets of $106K (revenue +8.3% year-over-year).
- 2017: Revenue of $257K, expenses of $265K, and assets of $89K (revenue +15.7% year-over-year).
- 2016: Revenue of $222K, expenses of $217K, and assets of $69K (revenue +26.5% year-over-year).
- 2015: Revenue of $175K, expenses of $170K, and assets of $63K (revenue +12.0% year-over-year).
- 2014: Revenue of $157K, expenses of $157K, and assets of $58K (revenue -3.8% year-over-year).
- 2013: Revenue of $163K, expenses of $161K, and assets of $59K (revenue -3.2% year-over-year).
- 2012: Revenue of $168K, expenses of $167K, and assets of $57K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Third Angle New Music Ensemble:
Data Sources and Methodology
This transparency report for Third Angle New Music Ensemble 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.