American Composers Alliance

Analysis

American Composers Alliance is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 2007, 19 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, American Composers Alliance reported income of $317k and spending of $269k, spending 85% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $225k to $317k (+41%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Composers Alliance sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 59th percentile within NY. Charities of a similar size with the same main cause include Esselen Tribe of Monterey County ($317k), Alaska Theatre of Youth ($317k) and Chatfield Center for the Arts Inc ($317k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 42% of the total. Other salaries and wages came to $126k. At year end it held assets of $94k against liabilities of $9,690, net assets of $85k. It reported 3 employees.