Somerset Friends Of Music Inc
Somerset, Massachusetts
B-Health Score
54B-
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Average
💰
$40K
Total Revenue
📊
$52K
Total Expenses
🏦
$15K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+7.5%
Year-over-year change (2022 → 2023)
Net Margin
-31.3%
Revenue minus expenses as % of revenue
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $39,831↑7% | $52,284↓5% | $15,385↓45% | |
| 2022 | $37,058↑36% | $55,287↑146% | $27,838↓40% | — |
| 2021 | $27,259↑151% | $22,489↓26% | $46,067↑12% | — |
| 2020 | $10,853↓89% | $30,555↓63% | $41,297↓32% | — |
| 2019 | $98,575↓13% | $82,355↓31% | $60,699↑37% | — |
| 2018 | $113,423↑37% | $119,114↑10% | $44,279↓9% | — |
| 2017 | $82,746↓40% | $108,578↓18% | $48,512↓45% | — |
| 2016 | $137,854↓13% | $132,429↑1% | $87,476↑8% | — |
| 2015 | $158,267↑52% | $131,618↑13% | $81,051↑49% | — |
| 2014 | $104,072↓46% | $116,874↓31% | $54,403↓19% | — |
| 2013 | $192,967↑84% | $169,023↑57% | $67,206↑54% | — |
| 2012 | $105,089↓6% | $107,991↑1% | $43,573↓6% | — |
| 2011 | $112,392 | $106,940 | $46,475 | — |
Frequently Asked Questions
What does Somerset Friends Of Music Inc do?▼
Somerset Friends Of Music Inc is a unclassified nonprofit organization based in Massachusetts. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Somerset Friends Of Music Inc financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Somerset Friends Of Music Inc.
How much revenue does Somerset Friends Of Music Inc generate?▼
Somerset Friends Of Music Inc reports $29K in annual revenue and holds $10K in total assets, based on IRS filings.
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