Michigan School Vocal Music Association

Analysis

Michigan School Vocal Music Association is a registered charity in United States, based in Big Rapids, MI. It received its IRS tax-exemption ruling in August 1989, 37 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 June 2024, Michigan School Vocal Music Association reported income of $720k and spending of $765k, spending 106% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income fell from $783k to $720k (-8.0%), an average of -1.7% a year. The sharpest change came in the year to June 2022, when income rose by 94%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Michigan School Vocal Music Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MI. Charities of a similar size with the same main cause include Accion Latina ($720k), Cast 447 Minna LLC ($720k) and Mendocino Music Festival ($720k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 31% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $143k (19% of expenses). Other salaries and wages came to $27k. At year end it held assets of $848k against liabilities of $25k, net assets of $823k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.