Burlington Civic Music Association

Analysis

Burlington Civic Music Association is a registered charity in United States, based in Burlington, IA. It received its IRS tax-exemption ruling in December 1983, 43 years ago. 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 May 2024, Burlington Civic Music Association reported income of $165k and spending of $187k, spending 114% of what it took in. Across the 5 years on record, from May 2020 to May 2024, income fell from $247k to $165k (-33%), an average of -9.7% a year. The sharpest change came in the year to May 2022, when income rose by 64%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Burlington Civic Music Association sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within IA. Charities of a similar size with the same main cause include Alpha Chi Sigma Fraternity Collegiate Chapter ($165k), Marin Pregnancy Clinic ($165k) and Noahs Ark Ukraine Mission ($164k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 12% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $10k (5.4% of expenses). At year end it held assets of $479k against liabilities of $2,814, net assets of $476k.