Ansonia Music Outreach Organization Inc

Analysis

Ansonia Music Outreach Organization Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 1992, 34 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 December 2023, Ansonia Music Outreach Organization Inc reported income of $218k and spending of $164k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $219k to $218k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to December 2021, when income rose by 76%. Over the whole period it spent 71% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ansonia Music Outreach Organization Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within NY. Charities of a similar size with the same main cause include The Ritz Theater Inc ($218k), WV Professional Dance Company ($218k) and Napa County Historical Society ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $45k (27% of expenses). Other salaries and wages came to $59k. At year end it held assets of $407k against liabilities of $5,801, net assets of $401k. It reported 2 employees.