Music and Art at Trinity Cathedral Inc

Analysis

Music and Art at Trinity Cathedral Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in November 1991, 35 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, Music and Art at Trinity Cathedral Inc reported income of $58k and spending of $52k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $58k (+13%), an average of +13% a year. Over the whole period it spent 94% 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 and Art at Trinity Cathedral Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 23rd percentile within OH. Charities of a similar size with the same main cause include Society for the Preservation of Natural History Collections ($58k), Sedona Art Museum Inc ($58k) and Bagche Music Language and Art Inc ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $145k against liabilities of $3,968, net assets of $141k.