Suzuki Music Columbus Inc

Analysis

Suzuki Music Columbus Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in May 2008, 18 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Suzuki Music Columbus Inc reported income of $275k and spending of $301k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $338k to $275k (-19%), an average of -6.7% a year. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Suzuki Music Columbus Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Hamilton Gibson Productions ($275k), CDP of North Harris County ($275k) and Museum of Flying ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $237k. At year end it held assets of $71k against liabilities of $97k, net assets of -$26k. It reported 18 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.