Instrumental Music Association

Analysis

Instrumental Music Association is a registered charity in United States, based in Easton, PA. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Instrumental Music Association reported income of $509k and spending of $446k, spending 88% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $216k to $509k (+136%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 403%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Instrumental Music Association sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within PA. Charities of a similar size with the same main cause include Neshaminy School District Workers Compensation Trust ($509k), Organic Farm School Formerly Greenbank Farm Management Group ($509k) and Little Shepherds Daycare Inc ($509k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $185k against liabilities of $0, net assets of $185k.