Ensemble Music Society of Indianapolis Inc

Analysis

Ensemble Music Society of Indianapolis Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1965, 61 years ago. 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, Ensemble Music Society of Indianapolis Inc reported income of $320k and spending of $165k, leaving 48% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $175k to $320k (+83%), an average of +82% a year. The sharpest change came in the year to June 2024, when income rose by 83%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ensemble Music Society of Indianapolis Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Napa Valley Art Association ($320k), Drake State Technical College Foundation Inc ($320k) and Tar River Choral and Orchestral Society Inc ($320k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 63% and program service revenue 14% of the total. At year end it held assets of $637k against liabilities of $26k, net assets of $611k.