Mistral Music Inc

Analysis

Mistral Music Inc is a registered charity in United States, based in Brookline, MA. It received its IRS tax-exemption ruling in May 1997, 29 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 August 2024, Mistral Music Inc reported income of $108k and spending of $127k, spending 117% of what it took in. Across the 5 years on record, from August 2020 to August 2024, income fell from $188k to $108k (-42%), an average of -13% a year. The sharpest change came in the year to August 2021, when income dropped by 65%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mistral Music Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Deer Path Art League ($108k), Pied Piper Childrens Theatre of NYC Inc ($108k) and Townsend Heritage Council Inc ($108k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 58% and program service revenue 45% of the total. Other salaries and wages came to $28k. At year end it held assets of $31k against liabilities of $0, net assets of $31k. It reported 3 employees.