Songs at Mirror Lake Inc

Analysis

Songs at Mirror Lake Inc is a registered charity in United States, based in Lake Placid, NY. It received its IRS tax-exemption ruling in January 2009, 17 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, Songs at Mirror Lake Inc reported income of $71k and spending of $57k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $71k (-12%), an average of -12% a year. Over the whole period it spent 84% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Songs at Mirror Lake Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 29th percentile within NY. Charities of a similar size with the same main cause include J B Arrowhead Club Incorporated ($71k), Saturday Night Bath Concert Fund ($71k) and Support Our Troops - Arizona Inc ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 3.9% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.