Musical Offering

Analysis

Musical Offering is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in July 2000, 26 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 December 2023, Musical Offering reported income of $483k and spending of $496k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $431k to $483k (+12%), an average of +2.9% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Musical Offering sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Westchester County Historical Society ($483k), Fellowship School of Creative Arts Inc ($483k) and Fair Lady Productions Inc ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Other salaries and wages came to $159k. At year end it held assets of $299k against liabilities of $194k, net assets of $105k. It reported 2 employees.