West Hartford Symphony Orchestra Inc

West Hartford Symphony Orchestra maintains stable assets and zero executive compensation amidst fluctuating revenues.

EIN: 20561321 · West Hartford, CT · NTEE: A69 · Updated: 2026-03-28

$68KRevenue
$275KAssets
85/100Mission Score (Excellent)
A69
West Hartford Symphony Orchestra Inc Financial Summary
MetricValue
Total Revenue$68K
Total Expenses$60K
Program Spending90%
Net Assets$261K
Transparency Score85/100

Is West Hartford Symphony Orchestra Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

West Hartford Symphony Orchestra Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About West Hartford Symphony Orchestra Inc

West Hartford Symphony Orchestra Inc (EIN: 20561321) is a nonprofit organization based in West Hartford, CT, classified under NTEE code A69. The organization reported total revenue of $68K and total assets of $275K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of West Hartford Symphony Orchestra Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

24Years Operating
MicroSize Classification
14Years of Filings
MixedRevenue Trajectory

West Hartford Symphony Orchestra Inc is a micro nonprofit that has been operating for 24 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -3.6%.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

Total Revenue$40K
Total Expenses$60K
Surplus / Deficit$-20,038
Total Assets$261K
Net Assets$261K
Operating Margin-50.3%
Months of Reserves52.4 months

Financial Health Grade: B

In 2024, West Hartford Symphony Orchestra Inc reported a deficit of $20K with expenses exceeding revenue, holds 52.4 months of operating reserves (strong position).

Financial Trends

Over 14 years of filings (2011–2024), West Hartford Symphony Orchestra Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.

YearRevenue ChangeExpense ChangeAsset Change
2024-85.2%+3.0%-8.2%
2023+675.4%+3.7%+290.4%
2022+55.0%+104.3%-29.8%
2021-60.8%-59.3%+4.1%
2020-26.1%-23.9%-11.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2002

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The West Hartford Symphony Orchestra Inc demonstrates a generally stable financial position, with assets consistently exceeding liabilities across all reported periods, indicating good financial solvency. The organization's revenue has fluctuated significantly, notably a spike to $268,094 in 202306, followed by a return to lower levels in 202406 ($39,807). This volatility suggests reliance on specific fundraising events or large donations, which can impact long-term financial predictability. Despite revenue fluctuations, expenses have remained relatively consistent, typically in the $50,000-$80,000 range, which points to controlled operational costs. The organization's spending efficiency appears strong, as evidenced by 0% officer compensation across all filings, indicating that leadership is likely volunteer-based, which maximizes funds available for programs. While specific program spending percentages are not detailed in the provided data, the absence of paid officers suggests a high proportion of expenses are directed towards the mission. The consistent maintenance of assets, even during periods of lower revenue, further supports a responsible approach to financial management. Transparency is high given the consistent filing of IRS Form 990s and the clear reporting of zero liabilities in most periods, simplifying financial analysis. The organization's ability to operate without incurring debt and without paying executive compensation are strong indicators of a commitment to its mission and efficient use of donor funds. However, the significant year-over-year revenue swings warrant closer examination to understand their sustainability and impact on program delivery.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates West Hartford Symphony 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: 7%
  • programs: 90%
  • fundraising: 3%

According to IRS 990 filings, West Hartford Symphony Orchestra Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2024)

From the most recent IRS 990 filing on record:

$40KTotal Revenue
$60KTotal Expenses
$261KTotal Assets
$261KNet Assets
  • The organization reported a deficit of $20K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for maximizing resources for its mission.

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 West Hartford Symphony Orchestra Inc's IRS 990 filings:

  • Significant year-over-year revenue volatility (e.g., $268,094 in 202306 vs. $39,807 in 202406), which could indicate unpredictable funding streams.

Strengths

The following positive indicators were identified for West Hartford Symphony Orchestra Inc:

  • Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
  • Strong asset base ($274,843 latest, $284,409 in 202306) consistently exceeding liabilities, demonstrating financial solvency.
  • Low liabilities across all reported periods, often $0, indicating responsible financial management.
  • Consistent filing of IRS Form 990s, demonstrating good transparency.

Frequently Asked Questions about West Hartford Symphony Orchestra Inc

Is West Hartford Symphony Orchestra Inc a legitimate charity?

West Hartford Symphony Orchestra Inc (EIN: 20561321) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 14 years of IRS 990 filings on record. Total revenue: $68K. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does West Hartford Symphony Orchestra Inc spend its money?

West Hartford Symphony Orchestra Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.

Are donations to West Hartford Symphony Orchestra Inc tax-deductible?

West Hartford Symphony Orchestra Inc is registered as a tax-exempt nonprofit (EIN: 20561321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of West Hartford Symphony Orchestra Inc's spending goes to programs?

West Hartford Symphony Orchestra Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does West Hartford Symphony Orchestra Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), West Hartford Symphony Orchestra Inc is above average for NTEE category A69 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is West Hartford Symphony Orchestra Inc located?

West Hartford Symphony Orchestra Inc is headquartered in West Hartford, Connecticut and files with the IRS under EIN 20561321. It is classified under NTEE code A69.

How many years of IRS 990 filings does West Hartford Symphony Orchestra Inc have?

West Hartford Symphony Orchestra Inc 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 $68K in total revenue.

How does the West Hartford Symphony Orchestra manage significant revenue fluctuations?

The organization appears to manage revenue fluctuations by maintaining consistent expense levels and building a strong asset base, as seen by assets of $284,409 in 202306 despite varying revenues.

What is the primary source of the organization's revenue?

While not explicitly detailed, the significant revenue spike in 202306 ($268,094) suggests reliance on specific fundraising events, grants, or large individual donations, as typical revenues are much lower.

Does the organization have a reserve fund?

The consistent and growing asset base, reaching $274,843 in the latest period and $284,409 in 202306, suggests the organization maintains significant reserves relative to its annual expenses.

How does the organization ensure long-term sustainability with volatile revenue?

The organization's strategy appears to involve maintaining low operational costs (zero officer compensation) and accumulating assets, which provides a buffer against revenue volatility and supports long-term stability.

Filing History

IRS 990 filing history for West Hartford Symphony Orchestra Inc showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2011–2024), West Hartford Symphony Orchestra Inc's revenue has declined by 37.6%, moving from $64K to $40K. Total assets increased by 262.8% over the same period, from $72K to $261K. Total functional expenses fell by 8.8%, from $66K to $60K. In its most recent filing year (2024), West Hartford Symphony Orchestra Inc reported a deficit of $20K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2024 $40K $60K $261K $0
2023 $268K $58K $284K $0 View 990
2022 $35K $56K $73K $0 View 990
2021 $22K $27K $104K $0 View 990
2020 $57K $67K $100K $0 View 990
2019 $77K $89K $113K $774 View 990
2018 $87K $70K $120K $0 View 990
2017 $79K $79K $103K $38 View 990
2016 $73K $65K $103K $50 View 990
2015 $81K $77K $96K $28 View 990
2014 $83K $73K $92K $46 View 990
2013 $73K $65K $81K $248 View 990
2012 $73K $72K $72K $73 View 990
2011 $64K $66K $72K $164 View 990

Year-by-Year Financial Summary

  • 2024: Revenue of $40K, expenses of $60K, and assets of $261K (revenue -85.2% year-over-year).
  • 2023: Revenue of $268K, expenses of $58K, and assets of $284K (revenue +675.4% year-over-year).
  • 2022: Revenue of $35K, expenses of $56K, and assets of $73K (revenue +55.0% year-over-year).
  • 2021: Revenue of $22K, expenses of $27K, and assets of $104K (revenue -60.8% year-over-year).
  • 2020: Revenue of $57K, expenses of $67K, and assets of $100K (revenue -26.1% year-over-year).
  • 2019: Revenue of $77K, expenses of $89K, and assets of $113K (revenue -11.5% year-over-year).
  • 2018: Revenue of $87K, expenses of $70K, and assets of $120K (revenue +9.9% year-over-year).
  • 2017: Revenue of $79K, expenses of $79K, and assets of $103K (revenue +8.7% year-over-year).
  • 2016: Revenue of $73K, expenses of $65K, and assets of $103K (revenue -10.3% year-over-year).
  • 2015: Revenue of $81K, expenses of $77K, and assets of $96K (revenue -2.7% year-over-year).
  • 2014: Revenue of $83K, expenses of $73K, and assets of $92K (revenue +13.6% year-over-year).
  • 2013: Revenue of $73K, expenses of $65K, and assets of $81K (revenue +0.9% year-over-year).
  • 2012: Revenue of $73K, expenses of $72K, and assets of $72K (revenue +14.0% year-over-year).
  • 2011: Revenue of $64K, expenses of $66K, and assets of $72K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for West Hartford Symphony Orchestra Inc:

2024 Filing 2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for West Hartford Symphony 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.

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