Cooperstown Chamber Music Festival Inc

Analysis

Cooperstown Chamber Music Festival Inc is a registered charity in United States, based in Cooperstown, NY. It received its IRS tax-exemption ruling in June 2006, 20 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, Cooperstown Chamber Music Festival Inc reported income of $178k and spending of $125k, leaving 30% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $87k to $178k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cooperstown Chamber Music Festival Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Faou Foundation ($178k), Amazon Research Center Inc ($178k) and Little Italy of Los Angeles Association ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. At year end it held assets of $223k against liabilities of $28, net assets of $223k.