New Hampshire Music Festival Inc

Analysis

New Hampshire Music Festival Inc is a registered charity in United States, based in Plymouth, NH. It received its IRS tax-exemption ruling in October 1960, 66 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, New Hampshire Music Festival Inc reported income of $520k and spending of $328k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $708k to $520k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2020, when income dropped by 41%. Over the whole period it spent 93% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Hampshire Music Festival Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within NH. Charities of a similar size with the same main cause include Classically Connected Inc ($520k), Wam Theatre ($520k) and Justice Dance Performance Project Inc ($520k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $14k (4.4% of expenses). At year end it held assets of $248k against liabilities of $161k, net assets of $87k.