Bethlehem Music Series

Analysis

Bethlehem Music Series is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2002, 24 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, Bethlehem Music Series reported income of $84k and spending of $90k, spending 107% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $122k to $84k (-31%), an average of -31% a year. The sharpest change came in the year to June 2023, when income dropped by 31%. 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, Bethlehem Music Series sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 29th percentile within MN. Charities of a similar size with the same main cause include Eleventh Hour Prayer Network ($84k), Art Center of Northern New Jersey ($84k) and Tesserae Inc ($84k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. At year end it held assets of $98k against liabilities of $5,065, net assets of $93k.