Threshold Choir

Analysis

Threshold Choir is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in November 2010, 16 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, Threshold Choir reported income of $231k and spending of $227k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $248k to $231k (-6.7%), an average of -2.3% a year. 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, Threshold Choir sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Building Bridges Jeff Haas Method for Promoting Peace Through Music ($231k), Youth Orchestra of Central Jersey Inc ($231k) and State Street Academy of Music at St Lawrence ($231k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $70k (31% of expenses). Other salaries and wages came to $16k. At year end it held assets of $182k against liabilities of $5,877, net assets of $177k. It reported 2 employees.