Music on the Delaware Inc

Analysis

Music on the Delaware Inc is a registered charity in United States, based in Walton, NY. It received its IRS tax-exemption ruling in November 2004, 22 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 2024, Music on the Delaware Inc reported income of $66k and spending of $61k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $39k to $66k (+67%), an average of +67% a year. The sharpest change came in the year to June 2024, when income rose by 67%. Over the whole period it spent 96% 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 on the Delaware Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 27th percentile within NY. Charities of a similar size with the same main cause include Huntington Beach Symphony Orchestra ($66k), Octagon Performance Group Inc ($66k) and Johnny Appleseed Foundation ($66k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.