More Than Music Inc

Analysis

More Than Music Inc is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in November 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 March 2024, More Than Music Inc reported income of $307k and spending of $355k, spending 116% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $291k to $307k (+5.2%), an average of +1.3% a year. The sharpest change came in the year to March 2023, when income rose by 41%. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, More Than Music Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within CO. Charities of a similar size with the same main cause include Colajazz Foundation ($307k), Chapparells Inc ($307k) and Coalition for Good Governance ($306k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 64% and program service revenue 36% of the total. Other salaries and wages came to $180k. At year end it held assets of $24k against liabilities of $5,648, net assets of $19k. It reported 3 employees.