Chamber Music Society of Bethlehem

Analysis

Chamber Music Society of Bethlehem is a registered charity in United States, based in Bethlehem, PA. It received its IRS tax-exemption ruling in February 1985, 41 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 June 2024, Chamber Music Society of Bethlehem reported income of $69k and spending of $68k, spending 98% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $57k to $69k (+22%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 22%. 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, Chamber Music Society of Bethlehem sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within PA. Charities of a similar size with the same main cause include Tribe of Heart Ltd ($69k), Friends of the Orpheum Theatre ($69k) and Federal Way Chorale ($69k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 46% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.