Montgomery Chamber Music Organization Inc

Analysis

Montgomery Chamber Music Organization Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in May 1969, 57 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 April 2024, Montgomery Chamber Music Organization Inc reported income of $52k and spending of $62k, spending 119% of what it took in. Across the 3 years on record, from April 2022 to April 2024, income fell from $56k to $52k (-6.7%), an average of -3.4% a year. Over the whole period it spent 116% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Montgomery Chamber Music Organization Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within AL. Charities of a similar size with the same main cause include Cranbury Historical and Preservation Society Inc ($52k), Nouveau Chamber Ballet ($52k) and Southern California Indoor Volleyball Hall of Fame ($52k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 69% and program service revenue 27% of the total. At year end it held assets of $131k against liabilities of $0, net assets of $131k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.