Amherst Early Music Inc

Analysis

Amherst Early Music Inc is a registered charity in United States, based in West Newton, MA. It received its IRS tax-exemption ruling in November 1986, 40 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 January 2024, Amherst Early Music Inc reported income of $740k and spending of $661k, spending 89% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $623k to $740k (+19%), an average of +4.4% a year. The sharpest change came in the year to January 2024, when income rose by 47%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amherst Early Music Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MA. Charities of a similar size with the same main cause include Visionaries and Voices ($739k), Many Brains Project Inc ($740k) and The Jazz Loft Inc ($739k).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $64k (9.6% of expenses). Other salaries and wages came to $33k. At year end it held assets of $347k against liabilities of $126k, net assets of $220k. It reported 2 employees.