Chinese Musicians Association of America

Analysis

Chinese Musicians Association of America is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in September 2007, 19 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 2023, Chinese Musicians Association of America reported income of $111k and spending of $104k, spending 94% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $69k to $111k (+61%), an average of +61% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 111% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chinese Musicians Association of America sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within CA. Charities of a similar size with the same main cause include Listening for a Change ($111k), Mercury Dance Company ($111k) and Miss Fontana Inc ($111k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 67% of the total. At year end it held assets of $72k against liabilities of $21k, net assets of $51k.