Community Music School

Analysis

Community Music School is a registered charity in United States, based in Trappe, PA. It received its IRS tax-exemption ruling in November 1991, 35 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 $863k and spending of $852k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $738k to $863k (+17%), an average of +4.0% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 93% 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 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Gulf Coast Heritage Association Inc ($863k), Motor City Theatre Organ Society Inc ($863k) and Creative Adventure Lab Inc ($862k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 15% and program service revenue 83% of the total. Other salaries and wages came to $554k. At year end it held assets of $1.5m against liabilities of $208k, net assets of $1.3m. It reported 42 employees.