LA Donna Musicale Inc

Analysis

LA Donna Musicale Inc is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 1994, 32 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, LA Donna Musicale Inc reported income of $198k and spending of $200k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $149k to $198k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, LA Donna Musicale Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 57th percentile within MA. Charities of a similar size with the same main cause include Bosnian Islamic Community Erie Inc ($198k), Asian-American National Committee Inc ($198k) and Hayward LA Honda Music Camp ($198k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $169k against liabilities of $521, net assets of $168k.