Concerts at the Point Inc

Analysis

Concerts at the Point Inc is a registered charity in United States, based in Westport Pt, MA. It received its IRS tax-exemption ruling in November 2006, 20 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 June 2024, Concerts at the Point Inc reported income of $51k and spending of $47k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $55k to $51k (-6.7%), an average of -6.7% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Concerts at the Point Inc sits at the 23rd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Rejoice Diaspora Dance Theater ($51k), Richmond Nihongo Hoshuuko ($51k) and Skopelos Foundation for the Arts ($51k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 50% and program service revenue 48% of the total. At year end it held assets of $57k against liabilities of $0, net assets of $57k.