Chamber Music Unbound

Analysis

Chamber Music Unbound is a registered charity in United States, based in Mammoth Lakes, CA. It received its IRS tax-exemption ruling in August 2003, 23 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Chamber Music Unbound reported income of $383k and spending of $378k, spending 99% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $324k to $383k (+18%), an average of +4.3% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chamber Music Unbound sits at the 73rd 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 68th percentile within CA. Charities of a similar size with the same main cause include American-Italian Heritage Society Inc ($383k), Queer Kentucky Incorporated ($383k) and Alamo City Performing Arts Association ($383k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 23% of the total. Compensation of current officers, directors and key employees was $177k (47% of expenses). Other salaries and wages came to $8,375. At year end it held assets of $335k against liabilities of $95k, net assets of $240k. It reported 3 employees.