Eau Claire Musical Arts Society Ltd

Analysis

Eau Claire Musical Arts Society Ltd is a registered charity in United States, based in Eau Claire, WI. It received its IRS tax-exemption ruling in February 1999, 27 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 April 2024, Eau Claire Musical Arts Society Ltd reported income of $51k and spending of $47k, spending 93% of its income. Across the 3 years on record, from August 2022 to April 2024, income fell from $57k to $51k (-10%), an average of -5.3% a year. The sharpest change came in the year to April 2024, when income rose by 45%. 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, Eau Claire Musical Arts Society Ltd sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 17th percentile within WI. Charities of a similar size with the same main cause include Ye Olde Opera House ($51k), Louisville & Nashville Railroad Historical Society Inc ($51k) and Rogalin Dance Troupe ($51k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 58% and program service revenue 30% of the total. At year end it held assets of $48k against liabilities of $3,300, net assets of $45k.