Bath Music Association
Analysis
Bath Music Association is a registered charity in United States, based in Lima, OH. It received its IRS tax-exemption ruling in February 2007, 19 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, Bath Music Association reported income of $120k and spending of $69k, leaving 43% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $69k to $120k (+74%), an average of +15% a year. The sharpest change came in the year to June 2024, when income rose by 129%. 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, Bath Music Association sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Kings and Clowns Inc ($120k), Three Rivers Music Theatre Co ($120k) and Methacton Community Theater Inc ($120k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 5.3% and program service revenue 19% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.
Income and spending
Where the income comes from
- Contributions & grants 5.3%
- Program services 19%
- Other 76%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kings and Clowns Inc | Hawthorne | $120k |
| Three Rivers Music Theatre Co | Fort Wayne | $120k |
| Methacton Community Theater Inc | Collegeville | $120k |
| Brooklyn Film Center Inc | Selden | $120k |