Music on Norway Pond

Analysis

Music on Norway Pond is a registered charity in United States, based in Hancock, NH. It received its IRS tax-exemption ruling in June 2014, 12 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 June 2024, Music on Norway Pond reported income of $111k and spending of $108k, spending 97% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $100k to $111k (+11%), an average of +11% a year. Over the whole period it spent 93% 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 on Norway Pond sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 41st percentile within NH. Charities of a similar size with the same main cause include Midwest Writing Center ($111k), Arts 10566 Inc ($111k) and Project Yoga Inc ($111k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 40% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.