Friends of Mt Lebanon Percussion

Analysis

Friends of Mt Lebanon Percussion is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in March 2002, 24 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 June 2024, Friends of Mt Lebanon Percussion reported income of $98k and spending of $74k, leaving 25% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $111k to $98k (-12%), an average of -12% a year. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Friends of Mt Lebanon Percussion sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Theater Odyssey Inc ($98k), Denver Fringe Festival Inc ($98k) and Boise Philharmonic Foundation Inc ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 26% and program service revenue 52% of the total. At year end it held assets of $120k against liabilities of $0, net assets of $120k.