Society for Ethnomusicology Inc Office of Secretary Dept of Music

Analysis

Society for Ethnomusicology Inc Office of Secretary Dept of Music is a registered charity in United States, based in Bloomington, IN. It received its IRS tax-exemption ruling in December 1963, 63 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 2023, Society for Ethnomusicology Inc Office of Secretary Dept of Music reported income of $577k and spending of $538k, spending 93% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $647k to $577k (-11%), an average of -3.7% a year. The sharpest change came in the year to June 2022, when income rose by 58%. Over the whole period it spent 73% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Ethnomusicology Inc Office of Secretary Dept of Music sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 72nd percentile within IN. Charities of a similar size with the same main cause include Patchogue Arts Council Inc ($577k), Port Townsend School of the Arts ($578k) and Williamston Theatre ($577k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $112k (21% of expenses). Other salaries and wages came to $45k. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.