San Antonio Mastersingers

Analysis

San Antonio Mastersingers is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2004, 22 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 May 2024, San Antonio Mastersingers reported income of $81k and spending of $112k, spending 139% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $159k to $81k (-49%), an average of -49% a year. The sharpest change came in the year to May 2024, when income dropped by 49%. Over the whole period it spent 119% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, San Antonio Mastersingers sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Dance Teachers Club of Boston ($81k), Pro Musica Youth Chorus ($81k) and Paris Center of Fine Arts ($81k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 23% and program service revenue 59% of the total. At year end it held assets of $31k against liabilities of $0, net assets of $31k.