Multicultural Sonic Evolution Muse Inc

Analysis

Multicultural Sonic Evolution Muse Inc is a registered charity in United States, based in Astoria, NY. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Multicultural Sonic Evolution Muse Inc reported income of $67k and spending of $66k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $15k to $67k (+351%), an average of +351% a year. The sharpest change came in the year to December 2023, when income rose by 351%. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Multicultural Sonic Evolution Muse Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Battle of the Bulge Association Incorporated ($67k), American Association of International Exchange ($67k) and Columus Indiana Architectural Archives ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $553 against liabilities of $0, net assets of $553.