Josef Gingold Fund for the International Violin Competition O

Analysis

Josef Gingold Fund for the International Violin Competition O is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 1985, 41 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Josef Gingold Fund for the International Violin Competition O reported income of $646k and spending of $431k, leaving 33% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income fell from $1.2m to $646k (-45%), an average of -14% a year. The sharpest change came in the year to July 2022, when income rose by 61%. Over the whole period it spent 35% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Josef Gingold Fund for the International Violin Competition O sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Squaxin Island Museum Libray and Research Center Inc ($646k), Prismid Inc ($646k) and McKeesport Regional History and Heritage Center ($646k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $14.1m against liabilities of $0, net assets of $14.1m.