Classical Guitar Alive

Analysis

Classical Guitar Alive is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Classical Guitar Alive reported income of $93k and spending of $67k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $93k (+125%), an average of +125% a year. The sharpest change came in the year to December 2023, when income rose by 125%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Classical Guitar Alive sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Albert Lea Public Education Foundation Inc ($93k), Sequim Education Foundation ($94k) and Marine Corps Aviation Association John Glenn Squadron Foundation Inc ($93k).

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 $41k against liabilities of $0, net assets of $41k.