Composers Conference & Chamber

Analysis

Composers Conference & Chamber is a registered charity in United States, based in Wayland, MA. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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, Composers Conference & Chamber reported income of $275k and spending of $232k, spending 84% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $287k to $275k (-4.1%), an average of -2.1% a year. The sharpest change came in the year to December 2022, when income dropped by 16%. Over the whole period it spent 79% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Composers Conference & Chamber sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within MA. Charities of a similar size with the same main cause include Mercedarian Missionaries of Berriz Trust Fund ($275k), New York City Firefighters Hockey Club Inc ($275k) and Ferndale Vol Fire Co Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 30% of the total. At year end it held assets of $372k against liabilities of $1,550, net assets of $371k.