Monadnock Chorus

Analysis

Monadnock Chorus is a registered charity in United States, based in Peterborough, NH. It received its IRS tax-exemption ruling in April 1975, 51 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 June 2024, Monadnock Chorus reported income of $67k and spending of $54k, leaving 21% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $71k to $67k (-4.7%), an average of -1.0% a year. The sharpest change came in the year to June 2024, when income rose by 43%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Monadnock Chorus sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NH. Charities of a similar size with the same main cause include Portland Civic Players Inc ($67k), St Marys Preservation Association ($67k) and Friends of Sheldon Jackson Museum ($67k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 70% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $12k (23% of expenses). At year end it held assets of $118k against liabilities of $0, net assets of $118k.