BEducationEIN: 592809056· Ruling Year: 1987

New World Symphony Inc

Miami Beach, Florida

BHealth Score
63B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 73 peers in Education with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org11.05×
Peer Median9.48×
💰
$5.7M
Total Revenue
📊
$23.8M
Total Expenses
🏦
$262.4M
Net Assets
📋
$16.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-87.8%
Year-over-year change (2022 → 2023)
Net Margin
-320.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
11.05
Net assets divided by total expenses
Liabilities-to-Assets
5.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,651,06088%$23,758,4864%$278,590,819
2022$46,402,31031%$22,800,11513%$279,723,6311%
2021$35,310,73435%$20,165,9354%$276,856,2218%
2020$26,085,22242%$20,963,403$257,346,893
2019$18,396,48527%$21,051,8182%$257,542,3601%
2018$14,489,18525%$20,585,3023%$258,976,2731%
2017$19,210,65080%$19,927,0632%$261,719,2054%
2016$10,657,85410%$19,590,0626%$252,589,5995%
2015$11,894,39540%$20,824,7419%$266,030,1614%
2014$19,847,32649%$19,104,2426%$276,508,8634%
2013$38,568,226166%$20,417,3588%$266,694,036
2012$14,481,76738%$18,865,40512%$265,582,0742%
2011$23,391,757$16,902,626$260,432,983

Frequently Asked Questions

What does New World Symphony Inc do?

New World Symphony Inc is a education nonprofit organization based in Florida. It is classified under NTEE code B40 and is registered as a 501(c) tax-exempt organization with the IRS.

Is New World Symphony Inc financially healthy?

Based on our 9-metric Financial Health Score model, New World Symphony Inc has a score of 63/100 (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 New World Symphony Inc generate?

New World Symphony Inc reports $34.5M in annual revenue and holds $297.7M in total assets, based on IRS filings.

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