Acmp - Associated Chamber Music Players Inc

Analysis

Acmp - Associated Chamber Music Players Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in January 1971, 55 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Acmp - Associated Chamber Music Players Inc reported income of $176k and spending of $130k, leaving 26% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income fell from $252k to $176k (-30%), an average of -8.5% a year. The sharpest change came in the year to July 2021, when income dropped by 34%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Acmp - Associated Chamber Music Players Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include St Lawrence Educational Foundation Inc ($176k), Greater Cleveland Soccer Association ($176k) and Rotary Fund of Louisville Inc ($176k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $38k (29% of expenses). Other salaries and wages came to $20k. At year end it held assets of $72k against liabilities of $800, net assets of $71k. It reported 3 employees.