AArts, Culture & HumanitiesEIN: 203174820· Ruling Year: 2007

Northwest Community Music Academy

Crystal Lake, Illinois

BHealth Score
60B

Financial Health Score

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

Above Average

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.11×
Peer Median210.95×
💰
$903K
Total Revenue
📊
$876K
Total Expenses
🏦
$98K
Net Assets
📋
$364K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+17.7%
Year-over-year change (2022 → 2023)
Net Margin
+3.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.11
Net assets divided by total expenses
Liabilities-to-Assets
78.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$903,35218%$876,4428%$462,0145%
2022$767,3482%$810,15924%$438,23758%
2021$752,77326%$650,7609%$277,836101%
2020$596,53184%$594,89584%$138,19446%
2019$324,25015%$323,99214%$94,33678%
2018$281,0858%$285,2109%$52,9552%
2017$259,7285%$260,9046%$54,1925%
2016$273,07115%$277,55921%$56,8451%
2015$238,17122%$229,55417%$56,14712%
2014$195,9861%$195,6384%$50,0726%
2013$193,7065%$187,8125%$47,30011%
2012$204,43617%$198,5185%$42,62580%
2011$174,523$189,075$23,711

Frequently Asked Questions

What does Northwest Community Music Academy do?

Northwest Community Music Academy is a arts, culture & humanities nonprofit organization based in Illinois. It is classified under NTEE code A68 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Northwest Community Music Academy financially healthy?

Financial health scoring requires Form 990 filing data. Check back as we process more filings for Northwest Community Music Academy.

How much revenue does Northwest Community Music Academy generate?

Northwest Community Music Academy reports $1.1M in annual revenue and holds $396K in total assets, based on IRS filings.

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Northwest Community Music Academy — Crystal Lake, IL | GiveScope