Musical Pathways Foundation Inc

Analysis

Musical Pathways Foundation Inc is a registered charity in United States, based in Waunakee, WI. It received its IRS tax-exemption ruling in July 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Musical Pathways Foundation Inc reported income of $74k and spending of $72k, spending 98% of its income. Across the 2 years on record, from August 2023 to August 2024, income grew from $67k to $74k (+9.9%), an average of +9.9% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Musical Pathways Foundation Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 26th percentile within WI. Charities of a similar size with the same main cause include Summer Place ($74k), Out West Art Foundation Inc ($74k) and Newtown High School Band Parents Corp ($74k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $5,162 against liabilities of $1,500, net assets of $3,662.