Hoover Instrumental Music Association
North Canton, Ohio
BHealth Score
58B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$160K
Total Revenue
📊
$183K
Total Expenses
🏦
$178K
Net Assets
📋
N/A
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
-25.3%
Year-over-year change (2022 → 2023)
Net Margin
-14.1%
Revenue minus expenses as % of revenue
Filing History
6 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $160,478↓25% | $183,154↓23% | $177,770↓7% | |
| 2022 | $214,860↑185% | $238,418↑274% | $191,304↓22% | — |
| 2021 | $75,513↓28% | $63,692↓24% | $246,724↑24% | — |
| 2020 | $104,384↓13% | $83,408↓29% | $198,715↑15% | — |
| 2019 | $119,826↑7% | $118,103↑19% | $172,555↑1% | — |
| 2018 | $111,991 | $99,438 | $170,832 | — |
Frequently Asked Questions
What does Hoover Instrumental Music Association do?▼
Hoover Instrumental Music Association is a education nonprofit organization based in Ohio. It is classified under NTEE code B25 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Hoover Instrumental Music Association financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Hoover Instrumental Music Association.
How much revenue does Hoover Instrumental Music Association generate?▼
Hoover Instrumental Music Association reports $177K in annual revenue and holds $209K in total assets, based on IRS filings.