Renovare Music Inc
Shaker Hts, Ohio
B+Health Score
67B+
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Good
๐ฐ
$174K
Total Revenue
๐
$149K
Total Expenses
๐ฆ
$126K
Net Assets
๐
$2K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+29.0%
Year-over-year change (2022 โ 2023)
Net Margin
+14.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.85
Net assets divided by total expenses
Liabilities-to-Assets
1.6%
Total liabilities as % of total assets
Filing History
3 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $174,055โ29% | $148,558โ66% | $127,791โ11% | |
| 2022 | $134,966โ131% | $89,572โ111% | $115,045โ89% | โ |
| 2021 | $58,331 | $42,500 | $60,894 | โ |
Frequently Asked Questions
What does Renovare Music Inc do?โผ
Renovare Music Inc is a arts, culture & humanities nonprofit organization based in Ohio. It is classified under NTEE code A6C and is registered as a 501(c) tax-exempt organization with the IRS.
Is Renovare Music Inc financially healthy?โผ
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Renovare Music Inc.
How much revenue does Renovare Music Inc generate?โผ
Renovare Music Inc reports $210K in annual revenue and holds $155K in total assets, based on IRS filings.
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