Suzuki Music School Inc

Analysis

Suzuki Music School Inc is a registered charity in United States, based in Granger, IN. It received its IRS tax-exemption ruling in April 1993, 33 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Suzuki Music School Inc reported income of $117k and spending of $135k, spending 115% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $90k to $117k (+31%), an average of +6.9% a year. The sharpest change came in the year to June 2023, when income rose by 31%. 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, Suzuki Music School Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within IN. Charities of a similar size with the same main cause include Artists Workshop of New Smyrna Beach Inc ($117k), Nebraska City Museum Association ($117k) and Michigan State Numismatic Society M S N S ($117k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 95% of the total. Other salaries and wages came to $83k. At year end it held assets of $42k against liabilities of $0, net assets of $42k. It reported 6 employees.