Institute for Music and Neurologic Function

Analysis

Institute for Music and Neurologic Function is a registered charity in United States, based in Croton on Hudson, NY. It received its IRS tax-exemption ruling in July 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Institute for Music and Neurologic Function reported income of $139k and spending of $511k, spending 368% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $137k to $139k (+1.7%), an average of +0.4% a year. The sharpest change came in the year to December 2020, when income rose by 127%. Over the whole period it spent 192% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute for Music and Neurologic Function sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Christian Heritage Home Educators of Washington ($139k), Biblioteca Comunitaria Del Oeste Inc ($139k) and Middle Way Education ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 15% of the total. At year end it held assets of $251k against liabilities of $1.2m, net assets of -$919k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.