Apple Hill Center for Chamber Music Inc

Analysis

Apple Hill Center for Chamber Music Inc is a registered charity in United States, based in Sullivan, NH. It received its IRS tax-exemption ruling in November 1971, 55 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 December 2023, Apple Hill Center for Chamber Music Inc reported income of $1.2m and spending of $1.1m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $925k to $1.2m (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2023, when income rose by 57%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Apple Hill Center for Chamber Music Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within NH. Charities of a similar size with the same main cause include Junk for Joy Inc ($1.2m), Lincoln Orchestra Association ($1.2m) and Expansion International ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $97k (8.9% of expenses). Other salaries and wages came to $533k. At year end it held assets of $1.6m against liabilities of $632k, net assets of $950k. It reported 60 employees.