Community Music School

Analysis

Community Music School is a registered charity in United States, based in Allentown, PA. It received its IRS tax-exemption ruling in February 1983, 43 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Community Music School reported income of $811k and spending of $914k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $718k to $811k (+13%), an average of +3.1% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Music School sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Merced County Arts Council Inc ($811k), Open Source Initiative ($812k) and Raymond M Alf Museum of Paleontology ($811k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 28% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $132k (14% of expenses). Other salaries and wages came to $164k. At year end it held assets of $1.1m against liabilities of $216k, net assets of $859k. It reported 38 employees.