American Songbook Association Inc

Analysis

American Songbook Association Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 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 June 2024, American Songbook Association Inc reported income of $150k and spending of $171k, spending 114% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $154k to $150k (-2.6%), an average of -2.6% a year. Over the whole period it spent 115% 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 Songbook Association Inc 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 47th percentile, and in the 45th percentile within NY. Charities of a similar size with the same main cause include Takohachi Inc ($150k), Health Elements Association Corp ($150k) and American Crossroads Theatre ($150k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 17% of the total. At year end it held assets of $34k against liabilities of $11k, net assets of $23k.