School of Indian Percussion and Music

Analysis

School of Indian Percussion and Music is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in October 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, School of Indian Percussion and Music reported income of $171k and spending of $133k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $90k to $171k (+91%), an average of +91% a year. The sharpest change came in the year to December 2023, when income rose by 91%. Over the whole period it spent 83% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, School of Indian Percussion and Music sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include Buffalo Cattaraugus & Jamestown Scenic Railway Company Inc ($171k), Historic Hampton Incorporated ($171k) and Deepart-Ai Foundation ($171k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $93k against liabilities of $0, net assets of $93k.