Sherman Chamber Ensemble Inc

Analysis

Sherman Chamber Ensemble Inc is a registered charity in United States, based in Sherman, CT. It received its IRS tax-exemption ruling in April 2015, 11 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, Sherman Chamber Ensemble Inc reported income of $105k and spending of $113k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $105k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sherman Chamber Ensemble Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Vintage Wings Inc ($105k), Cmpass ($105k) and Maccallum More Museum and Gardens ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $45k against liabilities of $9,607, net assets of $35k.