Clarkston Schools Instrumental Music Association

Analysis

Clarkston Schools Instrumental Music Association is a registered charity in United States, based in Clarkston, MI. It received its IRS tax-exemption ruling in February 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Clarkston Schools Instrumental Music Association reported income of $205k and spending of $244k, spending 119% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $321k to $205k (-36%), an average of -8.6% a year. The sharpest change came in the year to June 2022, when income rose by 299%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Clarkston Schools Instrumental Music Association sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Gilmer Education Foundation Inc ($205k), Rotary Club of Santa Fe Foundation Inc ($205k) and Colonel Crawford Eagles All Sports Boosters Club ($205k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 21% and program service revenue 79% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.