Behre Piano Associates Inc Adamant Music School

Analysis

Behre Piano Associates Inc Adamant Music School is a registered charity in United States, based in Adamant, VT. It received its IRS tax-exemption ruling in October 1959, 67 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Behre Piano Associates Inc Adamant Music School reported income of $97k and spending of $399k, spending 413% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.1m to $97k (-95%), an average of -54% a year. The sharpest change came in the year to December 2022, when income rose by 107%. Over the whole period it spent 69% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Behre Piano Associates Inc Adamant Music School 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 36th percentile, and in the 27th percentile within VT. Charities of a similar size with the same main cause include Mediterranean Partners ($97k), Neshaminy High School Instrumental Music Boosters ($97k) and Texas Brazos Trail Region ($96k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 69% of the total. Other salaries and wages came to $117k. At year end it held assets of $1.8m against liabilities of $25k, net assets of $1.8m. It reported 12 employees.

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.