Pianosonoma Music Festival Inc

Analysis

Pianosonoma Music Festival Inc is a registered charity in United States, based in Newton HLDS, MA. It received its IRS tax-exemption ruling in February 2013, 13 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 December 2023, Pianosonoma Music Festival Inc reported income of $188k and spending of $175k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $172k to $188k (+9.5%), an average of +9.5% a year. Over the whole period it spent 102% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Pianosonoma Music Festival Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within MA. Charities of a similar size with the same main cause include Society for Preservation & Encrgmnt of Barbershop Quartet Singing Amer ($188k), Portage County Historical Society Inc ($188k) and Ashland Folk Collective ($188k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 36% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.