Music on the Hill Inc

Analysis

Music on the Hill Inc is a registered charity in United States, based in Georgetown, CT. It received its IRS tax-exemption ruling in February 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 December 2023, Music on the Hill Inc reported income of $721k and spending of $182k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $309k to $721k (+134%), an average of +134% a year. The sharpest change came in the year to December 2023, when income rose by 134%. Over the whole period it spent 35% 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 on the Hill Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 73rd percentile within CT. Charities of a similar size with the same main cause include Sarasota Concert Association Inc ($721k), Chicago Multi-Cultural Dance Center Inc Home of the Bryant Ballet ($721k) and Dayton Movies ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 4.7% of the total. Compensation of current officers, directors and key employees was $102k (56% of expenses). At year end it held assets of $825k against liabilities of $0, net assets of $825k.