AArts, Culture & HumanitiesEIN: 060662152· Ruling Year: 1950

Neighborhood Music School Inc

New Haven, Connecticut

A-Health Score
75A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.06×
Peer Median210.95×
💰
$4.7M
Total Revenue
📊
$4.7M
Total Expenses
🏦
$4.9M
Net Assets
📋
$3.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-13.8%
Year-over-year change (2022 → 2023)
Net Margin
-0.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.06
Net assets divided by total expenses
Liabilities-to-Assets
41.6%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$4,663,21214%$4,681,41013%$8,470,6415%
2022$5,408,09929%$4,139,8259%$8,041,6225%
2021$4,178,61312%$3,814,29919%$7,654,85333%
2020$4,761,6589%$4,703,5445%$5,771,2524%
2019$4,349,5834%$4,966,14410%$5,544,9649%
2017$4,172,2882%$4,496,0008%$6,088,6404%
2016$4,264,7764%$4,905,1314%$5,833,86412%
2015$4,429,1624%$4,710,3712%$6,627,3974%
2014$4,593,4376%$4,817,6292%$6,877,9653%
2013$4,349,8562%$4,732,0702%$7,109,4886%
2012$4,440,91212%$4,641,2605%$7,559,7744%
2011$5,037,379$4,424,166$7,859,132

Frequently Asked Questions

What does Neighborhood Music School Inc do?

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

Is Neighborhood Music School Inc financially healthy?

Based on our 9-metric Financial Health Score model, Neighborhood Music School Inc has a score of 75/100 (Grade: A-). 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 Neighborhood Music School Inc generate?

Neighborhood Music School Inc reports $5.7M in annual revenue and holds $11.1M in total assets, based on IRS filings.

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Neighborhood Music School Inc — New Haven, CT | GiveScope