Sound Recording Special Payments Fund
New York, New York
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 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
4 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $14,238,259↑9% | $13,313,129↑14% | $21,669,111↑8% | |
| 2022 | $13,023,174↑19% | $11,677,493↑16% | $20,084,543↑34% | — |
| 2021 | $10,901,643↑3664% | $10,024,289↑2585% | $15,013,240↑12% | — |
| 2020 | $289,607 | $373,300 | $13,446,296 | — |
Frequently Asked Questions
What does Sound Recording Special Payments Fund do?▼
Sound Recording Special Payments Fund is a community improvement & capacity building nonprofit organization based in New York. It is classified under NTEE code S46 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Sound Recording Special Payments Fund financially healthy?▼
Based on our 9-metric Financial Health Score model, Sound Recording Special Payments Fund has a score of 68/100 (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 Sound Recording Special Payments Fund generate?▼
Sound Recording Special Payments Fund reports $15.8M in annual revenue and holds $23.0M in total assets, based on IRS filings.
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