Powers Music School Inc
Belmont, Massachusetts
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
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 | $2,157,104↑17% | $2,061,418↑19% | $3,968,190↑102% | |
| 2022 | $1,839,349↑11% | $1,725,160↑9% | $1,962,924↓15% | — |
| 2021 | $1,651,220↓2% | $1,589,670↓8% | $2,311,881↑15% | — |
| 2020 | $1,679,664↑7% | $1,722,897↑2% | $2,008,446↑13% | — |
| 2019 | $1,576,593↓2% | $1,695,179↑3% | $1,773,334↓5% | — |
| 2018 | $1,613,117↑6% | $1,645,853↑2% | $1,864,191↓7% | — |
| 2017 | $1,517,975↑3% | $1,609,431↑10% | $2,010,821 | — |
| 2016 | $1,472,241↓1% | $1,462,763 | $2,003,325↑9% | — |
| 2015 | $1,484,847↓4% | $1,462,070↑5% | $1,843,430↓5% | — |
| 2014 | $1,554,406↑28% | $1,393,181↑18% | $1,949,112↑23% | — |
| 2013 | $1,218,970↓5% | $1,175,858↓4% | $1,587,447↑6% | — |
| 2012 | $1,281,878↑2% | $1,230,932↑6% | $1,499,282↑2% | — |
| 2011 | $1,261,841 | $1,160,452 | $1,472,765 | — |
Frequently Asked Questions
What does Powers Music School Inc do?▼
Powers Music School 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 Powers Music School Inc financially healthy?▼
Based on our 9-metric Financial Health Score model, Powers Music School Inc has a score of 74/100 (Grade: B+). 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 Powers Music School Inc generate?▼
Powers Music School Inc reports $2.4M in annual revenue and holds $4.2M in total assets, based on IRS filings.
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