Rajaveena School of Music Foundation

Analysis

Rajaveena School of Music Foundation is a registered charity in United States, based in Naperville, IL. It received its IRS tax-exemption ruling in December 2008, 18 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Rajaveena School of Music Foundation reported income of $72k and spending of $85k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $80k to $72k (-10%), an average of -10% a year. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Rajaveena School of Music Foundation sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 30th percentile within IL. Charities of a similar size with the same main cause include Theatre Factory Inc ($72k), Nelson County Arts Council ($72k) and Bayberry Quilters of Cape Cod Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $215k against liabilities of $0, net assets of $215k.