Musical Arts Association of Kenston

Analysis

Musical Arts Association of Kenston is a registered charity in United States, based in Chagrin Falls, OH. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Musical Arts Association of Kenston reported income of $54k and spending of $19k, leaving 65% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $49k to $54k (+8.5%), an average of +4.2% a year. Over the whole period it spent 49% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Musical Arts Association of Kenston sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include Warrior Club of St Davids School ($54k), Porterville Pathways Foundation ($54k) and Rotary Club of Beaumont Spindletop Inc ($54k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 19% of the total. At year end it held assets of $139k against liabilities of $1,157, net assets of $138k.