FHS Music Foundation

Analysis

FHS Music Foundation is a registered charity in United States, based in Frederick, CO. It received its IRS tax-exemption ruling in May 2006, 20 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, FHS Music Foundation reported income of $81k and spending of $46k, leaving 43% of income unspent that year. Across the 3 years on record, from June 2022 to June 2024, income grew from $48k to $81k (+71%), an average of +31% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 48% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, FHS Music Foundation 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 28th percentile within CO. Charities of a similar size with the same main cause include Southerly ($81k), Cuarzo Blanco Inc ($81k) and Peter Foley Music Project Inc ($81k).

At year end it held assets of $91k against liabilities of $21k, net assets of $70k.