Hill and Hollow Music Inc

Analysis

Hill and Hollow Music Inc is a registered charity in United States, based in Saranac, NY. It received its IRS tax-exemption ruling in November 1997, 29 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Hill and Hollow Music Inc reported income of $84k and spending of $75k, spending 89% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $56k to $84k (+50%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 64%. 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, Hill and Hollow Music Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Ohio to Erie Trail Fund ($84k), Patrons of the Arts Foundation ($84k) and Dublin Community Center ($84k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 59% and program service revenue 36% of the total. At year end it held assets of $366k against liabilities of $0, net assets of $366k.