Tenet Vocal Artists

Analysis

Tenet Vocal Artists is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 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 (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, Tenet Vocal Artists reported income of $339k and spending of $338k, spending 100% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $472k to $339k (-28%), an average of -8.0% a year. The sharpest change came in the year to June 2021, when income dropped by 36%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tenet Vocal Artists sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Missoula Ravalli Transportation Management Asssociation Inc ($339k), Elgin Master Chorale Inc ($339k) and Japanese American Museum of San Jose ($339k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 20% of the total. At year end it held assets of $44k against liabilities of $9,200, net assets of $35k.