Bachs Children Music School

Analysis

Bachs Children Music School is a registered charity in United States, based in Palm City, FL. It received its IRS tax-exemption ruling in May 2004, 22 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Bachs Children Music School reported income of $60k and spending of $55k, spending 92% of its income. Across the 2 years on record, from August 2021 to August 2023, income grew from $47k to $60k (+28%), an average of +28% a year. The sharpest change came in the year to August 2023, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bachs Children Music School sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 27th percentile within FL. Charities of a similar size with the same main cause include Fairbanks Shakespeare Theatre ($60k), Art Supporting Foundation ($60k) and Two Harbors Community Radio ($60k).

At year end it held assets of $6,277 against liabilities of $8,023, net assets of -$1,746.