AArts, Culture & HumanitiesEIN: 222501478· Ruling Year: 1984

Community Music School Of Springfield Inc

Springfield, Massachusetts

AHealth Score
88A

Financial Health Score

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

Excellent

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.55×
Peer Median210.95×
💰
$2.5M
Total Revenue
📊
$3.0M
Total Expenses
🏦
$4.7M
Net Assets
📋
$496K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-39.0%
Year-over-year change (2022 → 2023)
Net Margin
-19.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.55
Net assets divided by total expenses
Liabilities-to-Assets
9.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,544,96239%$3,043,06927%$5,210,4109%
2022$4,175,399109%$2,389,11529%$5,695,61941%
2021$2,001,1479%$1,851,53512%$4,045,7625%
2020$2,199,69913%$2,099,9677%$3,849,9012%
2019$1,943,78517%$1,962,39611%$3,767,835
2018$1,659,2855%$1,764,6962%$3,749,5201%
2017$1,577,87012%$1,735,49410%$3,796,5222%
2016$1,413,82820%$1,572,07410%$3,866,0965%
2015$1,764,35640%$1,435,3657%$4,089,781
2014$1,260,51313%$1,342,7871%$4,088,6841%
2013$1,456,93818%$1,331,1615%$4,111,45421%
2012$1,237,5039%$1,406,3717%$3,385,8258%
2011$1,132,746$1,517,863$3,684,023

Frequently Asked Questions

What does Community Music School Of Springfield Inc do?

Community Music School Of Springfield 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 Community Music School Of Springfield Inc financially healthy?

Based on our 9-metric Financial Health Score model, Community Music School Of Springfield Inc has a score of 88/100 (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 Community Music School Of Springfield Inc generate?

Community Music School Of Springfield Inc reports $3.2M in annual revenue and holds $5.6M in total assets, based on IRS filings.

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