Royal School of Church Music

Analysis

Royal School of Church Music is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in May 1981, 45 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 October 2023, Royal School of Church Music reported income of $268k and spending of $258k, spending 96% of its income. Across the 4 years on record, from October 2020 to October 2023, income grew from $55k to $268k (+389%), an average of +70% a year. The sharpest change came in the year to October 2022, when income rose by 127%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Royal School of Church Music sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within NC. Charities of a similar size with the same main cause include Mill City Farmers Market Charitable Fund ($268k), Little Art Theatre Association ($268k) and Cactus Pear Music Festival ($268k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $169k against liabilities of $31k, net assets of $138k.