Instrumental Music Patrons of Cuyahoga Falls Ohio

Analysis

Instrumental Music Patrons of Cuyahoga Falls Ohio is a registered charity in United States, based in Cuyahoga FLS, OH. It received its IRS tax-exemption ruling in April 2023, 3 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, Instrumental Music Patrons of Cuyahoga Falls Ohio reported income of $62k and spending of $46k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $50k to $62k (+24%), an average of +5.5% a year. The sharpest change came in the year to June 2022, when income rose by 91%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Instrumental Music Patrons of Cuyahoga Falls Ohio sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within OH. Charities of a similar size with the same main cause include Covered Bridge Players ($62k), LMP Corporation ($62k) and Great Neck Chinese Association Inc ($62k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.