Walker West Music Academy
EIN: 411678368 · Saint Paul, MN
| Metric | Value |
|---|---|
| Total Revenue | $15.0M |
| Total Expenses | $2.3M |
| Net Assets | $6.7M |
Is Walker West Music Academy Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Walker West Music Academy
Walker West Music Academy (EIN: 411678368) is a nonprofit organization based in Saint Paul, MN. The organization reported total revenue of $15.0M and total assets of $14.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Walker West Music Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Walker West Music Academy is a large nonprofit that has been operating for 35 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 28.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7.6M |
| Total Expenses | $2.3M |
| Surplus / Deficit | +$5.3M |
| Total Assets | $7.2M |
| Total Liabilities | $484K |
| Net Assets | $6.7M |
| Operating Margin | 69.8% |
| Debt-to-Asset Ratio | 6.7% |
| Months of Reserves | 37.8 months |
Financial Health Grade: A
In 2023, Walker West Music Academy reported a surplus of $5.3M with revenue exceeding expenses, holds 37.8 months of operating reserves (strong position), has a debt-to-asset ratio of 6.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Walker West Music Academy's revenue has grown at a compound annual growth rate (CAGR) of 28.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +317.8% | +41.6% | +294.6% |
| 2022 | +5.0% | +27.3% | +43.3% |
| 2021 | +62.9% | +33.6% | +47.9% |
| 2020 | +33.7% | +26.7% | +10.9% |
| 2019 | +66.3% | +16.1% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1991 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Walker West Music Academy 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 Walker West Music Academy 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 surplus of $5.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.7%.
Frequently Asked Questions about Walker West Music Academy
Is Walker West Music Academy a legitimate charity?
Walker West Music Academy (EIN: 411678368) is a registered tax-exempt nonprofit based in Minnesota. It has 13 years of IRS 990 filings on record. Total revenue: $15.0M. No red flags identified. Financial health grade: A.
How does Walker West Music Academy spend its money?
Walker West Music Academy reported $15.0M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Walker West Music Academy tax-deductible?
Walker West Music Academy is registered as a tax-exempt nonprofit (EIN: 411678368). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Walker West Music Academy located?
Walker West Music Academy is headquartered in Saint Paul, Minnesota and files with the IRS under EIN 411678368.
How many years of IRS 990 filings does Walker West Music Academy have?
Walker West Music Academy 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 $15.0M in total revenue.
Filing History
IRS 990 filing history for Walker West Music Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Walker West Music Academy's revenue has grown by 1881.3%, moving from $384K to $7.6M. Total assets increased by 3160.4% over the same period, from $221K to $7.2M. Total functional expenses rose by 597.7%, from $329K to $2.3M. In its most recent filing year (2023), Walker West Music Academy reported a surplus of $5.3M, with revenue exceeding expenses. The organization holds $484K in liabilities against $7.2M in assets (debt-to-asset ratio: 6.7%), resulting in net assets of $6.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7.6M | $2.3M | $7.2M | $484K | — | — |
| 2022 | $1.8M | $1.6M | $1.8M | $654K | — | View 990 |
| 2021 | $1.7M | $1.3M | $1.3M | $301K | — | View 990 |
| 2020 | $1.1M | $952K | $863K | $349K | — | View 990 |
| 2019 | $796K | $751K | $778K | $375K | — | View 990 |
| 2018 | $479K | $647K | $804K | $446K | — | — |
| 2017 | $650K | $566K | $987K | $450K | — | View 990 |
| 2016 | $524K | $525K | $615K | $174K | — | View 990 |
| 2015 | $547K | $531K | $655K | $214K | — | View 990 |
| 2014 | $830K | $423K | $779K | $353K | — | View 990 |
| 2013 | $418K | $324K | $328K | $310K | — | View 990 |
| 2012 | $393K | $307K | $245K | $320K | — | View 990 |
| 2011 | $384K | $329K | $221K | $383K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7.6M, expenses of $2.3M, and assets of $7.2M (revenue +317.8% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.6M, and assets of $1.8M (revenue +5.0% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.3M, and assets of $1.3M (revenue +62.9% year-over-year).
- 2020: Revenue of $1.1M, expenses of $952K, and assets of $863K (revenue +33.7% year-over-year).
- 2019: Revenue of $796K, expenses of $751K, and assets of $778K (revenue +66.3% year-over-year).
- 2018: Revenue of $479K, expenses of $647K, and assets of $804K (revenue -26.4% year-over-year).
- 2017: Revenue of $650K, expenses of $566K, and assets of $987K (revenue +24.1% year-over-year).
- 2016: Revenue of $524K, expenses of $525K, and assets of $615K (revenue -4.2% year-over-year).
- 2015: Revenue of $547K, expenses of $531K, and assets of $655K (revenue -34.2% year-over-year).
- 2014: Revenue of $830K, expenses of $423K, and assets of $779K (revenue +98.7% year-over-year).
- 2013: Revenue of $418K, expenses of $324K, and assets of $328K (revenue +6.2% year-over-year).
- 2012: Revenue of $393K, expenses of $307K, and assets of $245K (revenue +2.5% year-over-year).
- 2011: Revenue of $384K, expenses of $329K, and assets of $221K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Walker West Music Academy:
Data Sources and Methodology
This transparency report for Walker West Music Academy 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.