American Friends of the Monteverdi Choir & Orchestras Inc

Analysis

American Friends of the Monteverdi Choir & Orchestras Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1999, 27 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 December 2023, American Friends of the Monteverdi Choir & Orchestras Inc reported income of $140k and spending of $304k, spending 217% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $140k (+168%), an average of +168% a year. The sharpest change came in the year to December 2023, when income rose by 168%. Over the whole period it spent 237% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Friends of the Monteverdi Choir & Orchestras Inc sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Schweiger Ranch Foundation ($140k), Heritage Lands Collective ($140k) and Rappahannock Concert Association Inc ($140k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $6,143 against liabilities of $0, net assets of $6,143.