Community Music School Of Springfield Inc
Springfield, Massachusetts
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $2,544,962↓39% | $3,043,069↑27% | $5,210,410↓9% | — |
| 2022 | $4,175,399↑109% | $2,389,115↑29% | $5,695,619↑41% | — |
| 2021 | $2,001,147↓9% | $1,851,535↓12% | $4,045,762↑5% | — |
| 2020 | $2,199,699↑13% | $2,099,967↑7% | $3,849,901↑2% | — |
| 2019 | $1,943,785↑17% | $1,962,396↑11% | $3,767,835 | — |
| 2018 | $1,659,285↑5% | $1,764,696↑2% | $3,749,520↓1% | — |
| 2017 | $1,577,870↑12% | $1,735,494↑10% | $3,796,522↓2% | — |
| 2016 | $1,413,828↓20% | $1,572,074↑10% | $3,866,096↓5% | — |
| 2015 | $1,764,356↑40% | $1,435,365↑7% | $4,089,781 | — |
| 2014 | $1,260,513↓13% | $1,342,787↑1% | $4,088,684↓1% | — |
| 2013 | $1,456,938↑18% | $1,331,161↓5% | $4,111,454↑21% | — |
| 2012 | $1,237,503↑9% | $1,406,371↓7% | $3,385,825↓8% | — |
| 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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