Chamber Music Society of St Cloud Inc

Analysis

Chamber Music Society of St Cloud Inc is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in March 1980, 46 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 August 2023, Chamber Music Society of St Cloud Inc reported income of $80k and spending of $82k, spending 103% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $72k to $80k (+11%), an average of +2.6% a year. The sharpest change came in the year to August 2023, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chamber Music Society of St Cloud Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 28th percentile within MN. Charities of a similar size with the same main cause include Childrens Playtime Productions ($80k), Playhouse Theatre Group of Central Wisconsin ($80k) and Gulfport Main Street Association ($80k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 75% and program service revenue 21% of the total. Compensation of current officers, directors and key employees was $28k (33% of expenses). At year end it held assets of $66k against liabilities of $7,810, net assets of $58k. It reported 1 employees.