Carmel Klavier Inc

Analysis

Carmel Klavier Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in June 2015, 11 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 December 2023, Carmel Klavier Inc reported income of $84k and spending of $80k, spending 94% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $86k to $84k (-2.3%), an average of -2.3% a year. 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, Carmel Klavier Inc 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 30th percentile within IN. Charities of a similar size with the same main cause include Taiwanese American Council of Greater New York Inc ($84k), Lily and Earle M Pilgrim Art Foundation ($84k) and Grosse Pointe South Choir Boosters Inc ($84k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 59% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.