Connoisseur Concerts Association

Analysis

Connoisseur Concerts Association is a registered charity in United States, based in Spokane Vly, WA. It received its IRS tax-exemption ruling in April 1973, 53 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 April 2023, Connoisseur Concerts Association reported income of $326k and spending of $399k, spending 122% of what it took in. Across the 4 years on record, from April 2020 to April 2023, income fell from $574k to $326k (-43%), an average of -17% a year. The sharpest change came in the year to April 2022, when income rose by 92%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Connoisseur Concerts Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within WA. Charities of a similar size with the same main cause include Hayward Veterans Association Inc ($326k), Roscommon County United Way ($326k) and Habitat for Humanity International Inc ($326k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 63% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $105k (26% of expenses). Other salaries and wages came to $90k. At year end it held assets of $819k against liabilities of $242, net assets of $819k. It reported 2 employees.