AArts, Culture & HumanitiesEIN: 222479696· Ruling Year: 1984

Rockport Music Inc

Rockport, Massachusetts

A-Health Score
76A-

Financial Health Score

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

Very Good

How This Organization Compares

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

Working Capital Ratio (net assets ÷ expenses)

This Org11.75×
Peer Median210.95×
💰
$2.5M
Total Revenue
📊
$2.6M
Total Expenses
🏦
$30.5M
Net Assets
📋
$825K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-57.4%
Year-over-year change (2022 → 2023)
Net Margin
-5.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.75
Net assets divided by total expenses
Liabilities-to-Assets
2.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,459,03157%$2,598,07948%$31,355,5991%
2022$5,770,12587%$4,980,37075%$31,175,31211%
2021$3,077,76217%$2,846,51422%$34,853,26310%
2020$3,720,67227%$3,641,91426%$31,791,4272%
2019$5,080,47221%$4,927,0063%$31,085,057
2018$6,455,61236%$4,774,62215%$31,011,68316%
2017$10,029,35668%$4,168,1392%$26,673,41727%
2016$5,976,43026%$4,076,8165%$20,952,2449%
2015$4,725,87437%$3,869,5554%$19,261,7232%
2014$3,451,5958%$3,725,6107%$18,823,5664%
2013$3,188,34438%$3,489,03111%$19,628,1029%
2012$5,161,20472%$3,146,75217%$21,526,657
2011$2,995,798$2,690,813$21,627,041

Frequently Asked Questions

What does Rockport Music Inc do?

Rockport Music Inc is a arts, culture & humanities nonprofit organization based in Massachusetts. It is classified under NTEE code A680 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Rockport Music Inc financially healthy?

Based on our 9-metric Financial Health Score model, Rockport Music Inc has a score of 76/100 (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 Rockport Music Inc generate?

Rockport Music Inc reports $5.2M in annual revenue and holds $33.4M in total assets, based on IRS filings.

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