Joyful Noise Inc

Analysis

Joyful Noise Inc is a registered charity in United States, based in Torrington, CT. It received its IRS tax-exemption ruling in December 1993, 33 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 June 2024, Joyful Noise Inc reported income of $143k and spending of $155k, spending 109% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $151k to $143k (-5.4%), an average of -2.7% a year. The sharpest change came in the year to June 2024, when income dropped by 22%. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Joyful Noise Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 43rd percentile within CT. Charities of a similar size with the same main cause include Village Art Club Inc ($143k), Southwest Playhouse Fine Arts Center Inc ($143k) and Huron Hockey Association Inc ($143k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 40% of the total. At year end it held assets of $14k against liabilities of $19k, net assets of -$5,601.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.