Songwriters Association of Mid North Indiana

Analysis

Songwriters Association of Mid North Indiana is a registered charity in United States, based in Lafayette, IN. It received its IRS tax-exemption ruling in December 2021, 5 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 December 2023, Songwriters Association of Mid North Indiana reported income of $153k and spending of $48k, leaving 69% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $176k to $153k (-13%), an average of -13% a year. Over the whole period it spent 24% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Songwriters Association of Mid North Indiana sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Carnegie Center of Columbia Tusculum ($153k), Parent Advocates for Spanish Immersion Inc ($153k) and Rhinebeck Writers Retreat Inc ($153k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 22% of the total. At year end it held assets of $326k against liabilities of $0, net assets of $326k.