Junior Appalachian Musicians Inc

Analysis

Junior Appalachian Musicians Inc is a registered charity in United States, based in Independence, VA. 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 2023, Junior Appalachian Musicians Inc reported income of $378k and spending of $240k, leaving 36% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $341k to $378k (+11%), an average of +5.3% a year. The sharpest change came in the year to June 2023, when income rose by 143%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Junior Appalachian Musicians Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 65th percentile within VA. Charities of a similar size with the same main cause include Praize Productions Inc ($378k), The Society for the Advancement of Socio-Economics ($378k) and Murfreesboro Historical Assn Inc ($378k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $113k. At year end it held assets of $417k against liabilities of $2,547, net assets of $415k. It reported 3 employees.