Csehy Summer School of Music

Analysis

Csehy Summer School of Music is a registered charity in United States, based in Fountainville, PA. It received its IRS tax-exemption ruling in September 1964, 62 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 September 2023, Csehy Summer School of Music reported income of $814k and spending of $440k, leaving 46% of income unspent that year. Across the 4 years on record, from September 2019 to September 2023, income grew from $452k to $814k (+80%), an average of +22% a year. The sharpest change came in the year to September 2022, when income rose by 65%. Over the whole period it spent 72% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Csehy Summer School of Music sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within PA. Charities of a similar size with the same main cause include Unique Project Inc ($814k), Centre for the Living Arts ($815k) and Friends of the Military Museum of South Florida at Nas Richmond ($814k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 57% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $56k (13% of expenses). Other salaries and wages came to $45k. At year end it held assets of $793k against liabilities of $4,242, net assets of $789k. It reported 23 employees.