Voices of Music Inc

Analysis

Voices of Music Inc is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in February 2009, 17 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, Voices of Music Inc reported income of $540k and spending of $536k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $271k to $540k (+99%), an average of +19% a year. The sharpest change came in the year to June 2022, when income rose by 81%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Voices of Music Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Council for Electronic Revenue Communication Advancement ($539k), Irving Symphony Association ($540k) and Tatter Blue Archives Institute ($539k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 49% and program service revenue 17% of the total. Compensation of current officers, directors and key employees was $106k (20% of expenses). Other salaries and wages came to $200k. At year end it held assets of $395k against liabilities of $8,918, net assets of $386k. It reported 37 employees.