The Fischoff National Chamber Music Association Inc

Analysis

The Fischoff National Chamber Music Association Inc is a registered charity in United States, based in Notre Dame, IN. It received its IRS tax-exemption ruling in November 1986, 40 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 2023, The Fischoff National Chamber Music Association Inc reported income of $571k and spending of $650k, spending 114% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $545k to $571k (+4.8%), an average of +1.6% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Fischoff National Chamber Music Association Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Tennessee Association of Craft Artists ($571k), Honeywell Arts Academy Inc ($571k) and Black Men United ($571k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% and program service revenue 3.5% of the total. Compensation of current officers, directors and key employees was $185k (28% of expenses). Other salaries and wages came to $103k. At year end it held assets of $1.0m against liabilities of $62k, net assets of $966k. It reported 9 employees.