China Music Foundation

Analysis

China Music Foundation is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in September 1998, 28 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 2023, China Music Foundation reported income of $112k and spending of $181k, spending 162% of what it took in. Across the 3 years on record, from June 2020 to June 2023, income grew from $1,900 to $112k (+5780%), an average of +667% a year. The sharpest change came in the year to June 2022, when income rose by 6025%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, China Music Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within MI. Charities of a similar size with the same main cause include James Whites Fort Association Inc ($112k), Spokane Art School ($112k) and Alternative Press Centre Inc ($112k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.