Me2 Orchestra Inc

Analysis

Me2 Orchestra Inc is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in March 2012, 14 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, Me2 Orchestra Inc reported income of $369k and spending of $330k, spending 89% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $303k to $369k (+22%), an average of +10% a year. The sharpest change came in the year to June 2023, when income rose by 29%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Me2 Orchestra Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within MA. Charities of a similar size with the same main cause include Beta-Local Inc ($369k), Performing Arts and Education Center of York County ($369k) and Borderlands Theater Teatro Fronterizo Inc ($369k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $130k (39% of expenses). Other salaries and wages came to $37k. At year end it held assets of $75k against liabilities of $3,521, net assets of $72k. It reported 2 employees.