Young Artists Philharmonic Inc
EIN: 237195755 · Stamford, CT · NTEE: A69Z
| Metric | Value |
|---|---|
| Total Revenue | $28K |
| Total Expenses | $35K |
| Net Assets | $108K |
Is Young Artists Philharmonic Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Young Artists Philharmonic Inc
Young Artists Philharmonic Inc (EIN: 237195755) is a nonprofit organization based in Stamford, CT, classified under NTEE code A69Z. The organization reported total revenue of $28K and total assets of $97K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Young Artists Philharmonic Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Young Artists Philharmonic Inc is a micro nonprofit that has been operating for 53 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -6.0%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $64K |
| Total Expenses | $35K |
| Surplus / Deficit | +$29K |
| Total Assets | $108K |
| Net Assets | $108K |
| Operating Margin | 44.8% |
| Months of Reserves | 36.8 months |
Financial Health Grade: A
In 2024, Young Artists Philharmonic Inc reported a surplus of $29K with revenue exceeding expenses, holds 36.8 months of operating reserves (strong position).
Financial Trends
Over 14 years of filings (2011–2024), Young Artists Philharmonic Inc's revenue has declined at a compound annual growth rate (CAGR) of -6.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +74.4% | +19.7% | +36.1% |
| 2023 | -15.0% | -13.9% | +10.0% |
| 2022 | +12.6% | +40.3% | +14.1% |
| 2021 | -33.0% | -55.2% | +28.2% |
| 2020 | -55.2% | -59.2% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Young Artists Philharmonic Inc 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 Young Artists Philharmonic Inc 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 surplus of $29K, with revenue exceeding expenses.
Frequently Asked Questions about Young Artists Philharmonic Inc
Is Young Artists Philharmonic Inc a legitimate charity?
Young Artists Philharmonic Inc (EIN: 237195755) is a registered tax-exempt nonprofit based in Connecticut. It has 14 years of IRS 990 filings on record. Total revenue: $28K. No red flags identified. Financial health grade: A.
How does Young Artists Philharmonic Inc spend its money?
Young Artists Philharmonic Inc reported $28K in total revenue in IRS 990 filings. 14 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Young Artists Philharmonic Inc tax-deductible?
Young Artists Philharmonic Inc is registered as a tax-exempt nonprofit (EIN: 237195755). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Young Artists Philharmonic Inc located?
Young Artists Philharmonic Inc is headquartered in Stamford, Connecticut and files with the IRS under EIN 237195755. It is classified under NTEE code A69Z.
How many years of IRS 990 filings does Young Artists Philharmonic Inc have?
Young Artists Philharmonic 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 $28K in total revenue.
Filing History
IRS 990 filing history for Young Artists Philharmonic Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Young Artists Philharmonic Inc's revenue has declined by 55.1%, moving from $142K to $64K. Total assets increased by 70% over the same period, from $63K to $108K. Total functional expenses fell by 78.8%, from $166K to $35K. In its most recent filing year (2024), Young Artists Philharmonic Inc reported a surplus of $29K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $64K | $35K | $108K | $0 | — | — |
| 2023 | $37K | $29K | $79K | $0 | — | View 990 |
| 2022 | $43K | $34K | $72K | $0 | — | View 990 |
| 2021 | $38K | $24K | $63K | $0 | — | — |
| 2020 | $57K | $54K | $49K | $0 | — | View 990 |
| 2019 | $127K | $133K | $47K | $460 | — | View 990 |
| 2018 | $133K | $134K | $54K | $1K | — | View 990 |
| 2017 | $152K | $146K | $54K | $365 | — | — |
| 2016 | $187K | $167K | $48K | $650 | — | View 990 |
| 2015 | $109K | $122K | $32K | $5K | — | View 990 |
| 2014 | $162K | $189K | $40K | $0 | — | View 990 |
| 2013 | $142K | $177K | $69K | $0 | — | View 990 |
| 2012 | $200K | $160K | $104K | $0 | — | View 990 |
| 2011 | $142K | $166K | $63K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $64K, expenses of $35K, and assets of $108K (revenue +74.4% year-over-year).
- 2023: Revenue of $37K, expenses of $29K, and assets of $79K (revenue -15.0% year-over-year).
- 2022: Revenue of $43K, expenses of $34K, and assets of $72K (revenue +12.6% year-over-year).
- 2021: Revenue of $38K, expenses of $24K, and assets of $63K (revenue -33.0% year-over-year).
- 2020: Revenue of $57K, expenses of $54K, and assets of $49K (revenue -55.2% year-over-year).
- 2019: Revenue of $127K, expenses of $133K, and assets of $47K (revenue -4.1% year-over-year).
- 2018: Revenue of $133K, expenses of $134K, and assets of $54K (revenue -12.6% year-over-year).
- 2017: Revenue of $152K, expenses of $146K, and assets of $54K (revenue -18.7% year-over-year).
- 2016: Revenue of $187K, expenses of $167K, and assets of $48K (revenue +71.4% year-over-year).
- 2015: Revenue of $109K, expenses of $122K, and assets of $32K (revenue -32.7% year-over-year).
- 2014: Revenue of $162K, expenses of $189K, and assets of $40K (revenue +14.3% year-over-year).
- 2013: Revenue of $142K, expenses of $177K, and assets of $69K (revenue -29.0% year-over-year).
- 2012: Revenue of $200K, expenses of $160K, and assets of $104K (revenue +40.6% year-over-year).
- 2011: Revenue of $142K, expenses of $166K, and assets of $63K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Young Artists Philharmonic Inc:
Data Sources and Methodology
This transparency report for Young Artists Philharmonic 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.