Peterborough Folk Music Society

Analysis

Peterborough Folk Music Society is a registered charity in United States, based in Peterborough, NH. It received its IRS tax-exemption ruling in December 1996, 30 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Peterborough Folk Music Society reported income of $74k and spending of $60k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $74k (+77%), an average of +77% a year. The sharpest change came in the year to December 2023, when income rose by 77%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Peterborough Folk Music Society sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within NH. Charities of a similar size with the same main cause include American Chinese Culture Association ($74k), Maryland Writers Association Inc ($74k) and Lathrop Antique Car Tractor & Engine Association ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 27% and program service revenue 73% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.