Kleinhans Music Hall Management Inc

Analysis

Kleinhans Music Hall Management Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in April 1965, 61 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 June 2023, Kleinhans Music Hall Management Inc reported income of $6.4m and spending of $4.5m, leaving 31% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $597k to $6.4m (+979%), an average of +121% a year. The sharpest change came in the year to June 2022, when income rose by 612%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Kleinhans Music Hall Management Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within NY. Charities of a similar size with the same main cause include John Huntington Art & Polytechnic TR ($6.4m), Rivers of Steel Heritage Corporation ($6.4m) and Creative Action ($6.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Other salaries and wages came to $366k. At year end it held assets of $6.3m against liabilities of $2.0m, net assets of $4.3m. It reported 177 employees.