Michigan Festival of Sacred Music

Analysis

Michigan Festival of Sacred Music is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Michigan Festival of Sacred Music reported income of $122k and spending of $121k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $122k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Michigan Festival of Sacred Music sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within MI. Charities of a similar size with the same main cause include David G Evans Ministries Inc ($122k), Movimiento Matrimonial Catolico Inc ($122k) and Flood Church Association ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 18% of the total. At year end it held assets of $77k against liabilities of $0, net assets of $77k.