Buffalo Chamber Music Foundation

Analysis

Buffalo Chamber Music Foundation 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 (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, Buffalo Chamber Music Foundation reported income of $134k and spending of $137k, spending 102% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $157k to $134k (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2024, when income rose by 76%. Over the whole period it spent 89% 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 Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Carolina Master Chorale Inc ($134k), American Friends of Lacmus Festival Inc ($134k) and Connecticut Council of Masajid ($134k).

At year end it held assets of $757k against liabilities of $0, net assets of $757k.

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.