Searcy Community School of Music

Analysis

Searcy Community School of Music is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in February 2021, 5 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 July 2024, Searcy Community School of Music reported income of $119k and spending of $118k, spending 100% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $97k to $119k (+23%), an average of +23% a year. The sharpest change came in the year to July 2024, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Searcy Community School of Music sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within AR. Charities of a similar size with the same main cause include Trademark Theater ($119k), Public Access Northern Dutchess Area Inc ($119k) and Bell County Museum Association Inc ($119k).

At year end it held assets of $3,764 against liabilities of $0, net assets of $3,764.