New England Music Camp Association

Analysis

New England Music Camp Association is a registered charity in United States, based in Sidney, ME. It received its IRS tax-exemption ruling in August 1938, 88 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New England Music Camp Association reported income of $3.6m and spending of $3.7m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $3.6m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 146%. Over the whole period it spent 111% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New England Music Camp Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within ME. Charities of a similar size with the same main cause include Madonna Meadows of Rochester ($3.6m), Habitat for Humanity International Inc ($3.6m) and Minnetonka Hopkins Gymnastics Association ($3.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $120k (3.3% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $8.3m against liabilities of $5.2m, net assets of $3.1m. It reported 159 employees.