Music Center of South Central Michigan

Analysis

Music Center of South Central Michigan is a registered charity in United States, based in Battle Creek, MI. It received its IRS tax-exemption ruling in October 1954, 72 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Music Center of South Central Michigan reported income of $768k and spending of $792k, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $658k to $768k (+17%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 15%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Music Center of South Central Michigan sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within MI. Charities of a similar size with the same main cause include First Person Arts Inc ($768k), Art Resources Transformations ($768k) and Portland Conservatory of Music ($767k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 63% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $67k (8.5% of expenses). Other salaries and wages came to $386k. At year end it held assets of $1.8m against liabilities of $117k, net assets of $1.7m. It reported 86 employees.