Bennett Conservatory of Music

Analysis

Bennett Conservatory of Music is a registered charity in United States, based in Croton HDSN, NY. It received its IRS tax-exemption ruling in August 1965, 61 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Bennett Conservatory of Music reported income of $146k and spending of $140k, spending 96% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $130k to $146k (+12%), an average of +12% a year. 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, Bennett Conservatory of Music sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Green Bay Community Theater ($146k), Northern California Percussion Alliance Inc ($146k) and Historical Society of Palm Beach County ($146k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 27% and program service revenue 72% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.