Association of Anglican Musicians

Analysis

Association of Anglican Musicians is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in March 1988, 38 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 December 2023, Association of Anglican Musicians reported income of $461k and spending of $384k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $350k to $461k (+32%), an average of +7.1% a year. The sharpest change came in the year to December 2022, when income rose by 149%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Association of Anglican Musicians sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 66th percentile within CT. Charities of a similar size with the same main cause include Cleveland High School Band Parents Association ($461k), New Haven Schools Foundation ($461k) and Girls Incorporated of Lakelane Inc ($461k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $87k (23% of expenses). At year end it held assets of $1.7m against liabilities of $45k, net assets of $1.7m. It reported 1 employees.