AArts, Culture & HumanitiesEIN: 042470761· Ruling Year: 1971

South Shore Conservatory Of Music Inc

Hingham, Massachusetts

BHealth Score
59B

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Above Average

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.75×
Peer Median210.95×
💰
$4.1M
Total Revenue
📊
$5.0M
Total Expenses
🏦
$3.7M
Net Assets
📋
$3.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.3%
Year-over-year change (2022 → 2023)
Net Margin
-20.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.75
Net assets divided by total expenses
Liabilities-to-Assets
44.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$4,130,07113%$4,959,0672%$6,734,75811%
2022$4,763,71723%$4,848,3407%$7,573,1507%
2021$3,874,10422%$4,513,94515%$8,161,0297%
2020$4,969,0691%$5,317,7044%$8,742,4422%
2019$5,022,7405%$5,557,3852%$8,610,6421%
2018$5,266,3028%$5,670,26310%$8,698,77513%
2017$4,894,3849%$5,166,1355%$7,712,3124%
2016$5,389,35510%$4,942,3997%$8,023,9946%
2015$6,004,24143%$4,629,3398%$7,571,30828%
2014$4,188,10310%$4,303,3776%$5,907,920
2013$3,796,12410%$4,075,73214%$5,927,2341%
2012$3,437,422525%$3,587,876277%$5,892,467
2011$549,614$952,501$5,864,840

Frequently Asked Questions

What does South Shore Conservatory Of Music Inc do?

South Shore Conservatory Of Music Inc is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A6E0 and is registered as a 501(c) tax-exempt organization with the IRS.

Is South Shore Conservatory Of Music Inc financially healthy?

Based on our 9-metric Financial Health Score model, South Shore Conservatory Of Music Inc has a score of 59/100 (Grade: B). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does South Shore Conservatory Of Music Inc generate?

South Shore Conservatory Of Music Inc reports $4.3M in annual revenue and holds $6.3M in total assets, based on IRS filings.

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