Onondaga County Music Educators Association Inc

Analysis

Onondaga County Music Educators Association Inc is a registered charity in United States, based in LA Fayette, NY. It received its IRS tax-exemption ruling in December 2016, 10 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 2024, Onondaga County Music Educators Association Inc reported income of $50k and spending of $40k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $38k to $50k (+31%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Onondaga County Music Educators Association Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within NY. Charities of a similar size with the same main cause include Walworth County Fair Foundation ($50k), Interlude Artist Residency Inc ($50k) and Portland Chapter of the Internation Al Institute of Building Enclosure ($50k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 88% of the total. At year end it held assets of $38k against liabilities of $637, net assets of $38k.