Institute of Arts Music & Science a California Non Profit Public Ben

Analysis

Institute of Arts Music & Science a California Non Profit Public Ben is a registered charity in United States, based in Bellflower, CA. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Institute of Arts Music & Science a California Non Profit Public Ben reported income of $226k and spending of $207k, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $210k to $226k (+7.9%), an average of +1.9% a year. The sharpest change came in the year to June 2023, when income rose by 88%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Institute of Arts Music & Science a California Non Profit Public Ben sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within CA. Charities of a similar size with the same main cause include Leadership Kauai ($226k), You Can Make It Homeownership Center Inc ($226k) and Texas State University Cim Foundation ($226k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $198k against liabilities of $24k, net assets of $174k.