New York State School Music Association

Analysis

New York State School Music Association is a registered charity in United States, based in Westbury, NY. It received its IRS tax-exemption ruling in February 1979, 47 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 December 2022, New York State School Music Association reported income of $3.2m and spending of $3.7m, spending 116% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $3.9m to $3.2m (-18%), an average of -6.4% a year. The sharpest change came in the year to December 2021, when income rose by 124%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New York State School Music Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Des Moines Symphony Association ($3.2m), Scbwi Society of Childrens Book Writers and Illustrators a Nonprof ($3.2m) and Fort Wayne Museum of Art Inc ($3.2m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 24% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $188k (5.1% of expenses). At year end it held assets of $5.3m against liabilities of $98k, net assets of $5.2m. It reported 11 employees.

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.