Buffalo Chamber Music Society Inc

Analysis

Buffalo Chamber Music Society Inc is a registered charity in United States, based in Buffalo, NY. It received its IRS tax-exemption ruling in July 1943, 83 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, Buffalo Chamber Music Society Inc reported income of $248k and spending of $235k, spending 95% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $189k to $248k (+32%), an average of +32% a year. The sharpest change came in the year to June 2024, when income rose by 32%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Buffalo Chamber Music Society Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within NY. Charities of a similar size with the same main cause include National Society of the Colonial Dames of Amer in the St of Colorad ($248k), Girls Rock Charlotte ($248k) and Wisconsin Center for Nursing Inc ($248k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.