Abendmusik Lincoln Incorporated

Analysis

Abendmusik Lincoln Incorporated is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in January 1981, 45 years ago. 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 2023, Abendmusik Lincoln Incorporated reported income of $187k and spending of $149k, leaving 20% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $139k to $187k (+35%), an average of +7.7% a year. The sharpest change came in the year to June 2022, when income rose by 19%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abendmusik Lincoln Incorporated sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within NE. Charities of a similar size with the same main cause include Fraternal Order of Police Lodge No 77 Police Athletic League Inc ($187k), Share Your Story ($187k) and Todays World Ministries Inc ($187k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 84% of the total. At year end it held assets of $1.0m against liabilities of $8,367, net assets of $1.0m.