Columbus Pro Musica Inc

Analysis

Columbus Pro Musica Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in October 1971, 55 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Columbus Pro Musica Inc reported income of $836k and spending of $1.1m, spending 137% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $845k to $836k (-1.0%), an average of -0.3% a year. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Columbus Pro Musica Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Weathervane Theatre Players Inc ($836k), Chinati Foundation ($836k) and Mary Miss City As Living Laboratory Inc ($836k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 66% and program service revenue 29% of the total. Other salaries and wages came to $577k. At year end it held assets of $3.3m against liabilities of $427k, net assets of $2.9m. It reported 72 employees.