Noyes School of Rhythm Foundation Incorporated Shepherds Nine

Analysis

Noyes School of Rhythm Foundation Incorporated Shepherds Nine is a registered charity in United States, based in Portland, CT. It received its IRS tax-exemption ruling in September 1959, 67 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, Noyes School of Rhythm Foundation Incorporated Shepherds Nine reported income of $160k and spending of $79k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $75k to $160k (+114%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 279%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Noyes School of Rhythm Foundation Incorporated Shepherds Nine sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within CT. Charities of a similar size with the same main cause include Austin Tap Ensemble Foundation Inc ($160k), St Andrew Society of Colorado ($160k) and Historic Russellville Inc ($160k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 16% of the total. At year end it held assets of $607k against liabilities of $1,250, net assets of $605k.