Music Mountain Theatre Productions Inc

Analysis

Music Mountain Theatre Productions Inc is a registered charity in United States, based in Lambertville, NJ. It received its IRS tax-exemption ruling in November 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, Music Mountain Theatre Productions Inc reported income of $1.2m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $906k to $1.2m (+36%), an average of +8.1% a year. The sharpest change came in the year to December 2021, when income rose by 232%. 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, Music Mountain Theatre Productions Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Spark Project Inc ($1.2m), National Spiritualist Association of Churches ($1.2m) and Museum of Design Atlanta Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 75% of the total. Other salaries and wages came to $448k. At year end it held assets of $501k against liabilities of $521k, net assets of -$20k. It reported 4 employees.