Chamber Music Northwest

Analysis

Chamber Music Northwest is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in March 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 September 2023, Chamber Music Northwest reported income of $2.2m and spending of $2.2m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.9m to $2.2m (+13%), an average of +3.2% a year. The sharpest change came in the year to September 2022, when income rose by 58%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chamber Music Northwest sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Society of Illustrators Inc ($2.2m), Research Institute for Learning and Development ($2.2m) and Arrow Rock Lyceum ($2.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 75% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $215k (9.8% of expenses). Other salaries and wages came to $536k. At year end it held assets of $7.3m against liabilities of $470k, net assets of $6.8m. It reported 20 employees.