Music Meets Medicine

Analysis

Music Meets Medicine is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 2009, 17 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, Music Meets Medicine reported income of $122k and spending of $94k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $122k (+37%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 79% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Music Meets Medicine sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Foundation Entertainment Company ($122k), Dallas Television & Film Workshop Inc ($122k) and San Diego Architectural Foundation ($122k).

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 $101k against liabilities of $0, net assets of $101k.