The Art of the Early Keyboard Inc

Analysis

The Art of the Early Keyboard Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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 August 2023, The Art of the Early Keyboard Inc reported income of $116k and spending of $115k, spending 99% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $86k to $116k (+36%), an average of +36% a year. The sharpest change came in the year to August 2023, when income rose by 36%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Art of the Early Keyboard Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within NY. Charities of a similar size with the same main cause include Medilife of Houston Inc ($116k), Powell County Medical Foundation Inc ($116k) and Volunteers of America Inc ($116k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $1,496 against liabilities of $0, net assets of $1,496.