Make Music New York Inc

Analysis

Make Music New York Inc is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in July 2008, 18 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 2023, Make Music New York Inc reported income of $130k and spending of $246k, spending 189% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $796k to $130k (-84%), an average of -36% a year. The sharpest change came in the year to June 2021, when income dropped by 66%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Make Music New York Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within NY. Charities of a similar size with the same main cause include Blackwood Theatre Organ Society ($130k), Murer House Foundation ($130k) and Sylvania Community Arts Commission Inc ($130k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $23k, net assets of $45k.