Musopen

Analysis

Musopen is a registered charity in United States, based in Redwood City, CA. 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 December 2023, Musopen reported income of $77k and spending of $85k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $77k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 126% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Musopen sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Onkwe ($77k), Northwest Nuclear Laboratories ($77k) and Thomas Paine National Historical Association ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.