National Flute Association Inc

Analysis

National Flute Association Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 1974, 52 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Flute Association Inc reported income of $1.0m and spending of $1.2m, spending 113% of what it took in. Across the 5 years on record, from October 2019 to December 2023, income grew from $1.0m to $1.0m (+1.0%), an average of +0.3% a year. The sharpest change came in the year to December 2021, when income rose by 659%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, National Flute Association Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Kidcity Inc ($1.0m), The Spartan Junior Drum and Bugle Corps Inc ($1.0m) and Jimena Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 44% of the total. Other salaries and wages came to $358k. At year end it held assets of $2.5m against liabilities of $31k, net assets of $2.5m. It reported 13 employees.