Juventas Music

Analysis

Juventas Music is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in February 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 July 2024, Juventas Music reported income of $161k and spending of $169k, spending 105% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $176k to $161k (-8.4%), an average of -8.4% a year. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Juventas Music sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Studio Arts College International Inc ($161k), Clifton Forge Company ($161k) and Elmwood Park Civic Ballet Company D/B/A Ballet Legere ($161k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,920 against liabilities of $0, net assets of $5,920.