Florida Chamber Music Project Inc
Analysis
Florida Chamber Music Project Inc is a registered charity in United States, based in Ponte Vedra, FL. It received its IRS tax-exemption ruling in January 2014, 12 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 2024, Florida Chamber Music Project Inc reported income of $137k and spending of $111k, spending 81% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $128k to $137k (+7.1%), an average of +7.1% a year. Over the whole period it spent 78% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Florida Chamber Music Project Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Muscle Shoals Songwriters Foundation ($137k), Texas Panhandle War Memorial Foundation Inc ($137k) and Togo Community Organization of Oregon ($137k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 97% of the total. At year end it held assets of $143k against liabilities of $37k, net assets of $106k.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Muscle Shoals Songwriters Foundation | Sheffield | $137k |
| Texas Panhandle War Memorial Foundation Inc | Amarillo | $137k |
| Togo Community Organization of Oregon | Portland | $137k |
| Falcon Band Boosters | Henderson | $137k |