St Louis Classical Guitar

Analysis

St Louis Classical Guitar is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 1980, 46 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, St Louis Classical Guitar reported income of $238k and spending of $306k, spending 129% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $229k to $238k (+3.8%), an average of +0.9% a year. The sharpest change came in the year to June 2021, when income rose by 101%. Over the whole period it spent 112% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, St Louis Classical Guitar sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within MO. Charities of a similar size with the same main cause include Monroe-Walton Center for the Arts Inc ($238k), Womens Alliance for Theology Ethics ($238k) and Rice County Historical Society ($238k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $66k (22% of expenses). Other salaries and wages came to $131k. At year end it held assets of $37k against liabilities of $37k, net assets of $30. It reported 8 employees.