Harvard-Radcliffe Collegium Musicum Inc

Analysis

Harvard-Radcliffe Collegium Musicum Inc is a registered charity in United States, based in Cambridge, MA. It received its IRS tax-exemption ruling in July 1976, 50 years ago. 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 August 2023, Harvard-Radcliffe Collegium Musicum Inc reported income of $305k and spending of $314k, spending 103% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $53k to $305k (+472%), an average of +472% a year. The sharpest change came in the year to August 2023, when income rose by 472%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Harvard-Radcliffe Collegium Musicum Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 64th percentile within MA. Charities of a similar size with the same main cause include First Step Pregnancy Resource Center ($305k), Los Altos High School Ptsa ($305k) and Goshen Historical Society Inc ($305k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 63% and program service revenue 34% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.