Michigan Music Conference

Analysis

Michigan Music Conference is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in February 2007, 19 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Michigan Music Conference reported income of $439k and spending of $429k, spending 98% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $421k to $439k (+4.3%), an average of +1.1% a year. The sharpest change came in the year to March 2022, when income rose by 269%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Michigan Music Conference sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within MI. Charities of a similar size with the same main cause include John Kirkpatrick Fund for Historic Cultural & Civic Understanding Aff ($439k), Making Light Productions Inc ($439k) and Citrus County Historical Society in C ($439k).

On its Form 990 for the period ending March 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $238k against liabilities of $23k, net assets of $215k.