Sound & Spirit Inc

Analysis

Sound & Spirit Inc is a registered charity in United States, based in Natick, MA. It received its IRS tax-exemption ruling in June 2015, 11 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 August 2024, Sound & Spirit Inc reported income of $79k and spending of $71k, spending 90% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $24k to $79k (+232%), an average of +82% a year. The sharpest change came in the year to August 2023, when income rose by 168%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sound & Spirit Inc sits at the 35th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 39th percentile within MA. Charities of a similar size with the same main cause include Turkish Cultural Center New Hampshire Inc ($79k), Playcrafters Inc ($79k) and Island Treasure Foundation ($79k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 15% and program service revenue 27% of the total. At year end it held assets of $52k against liabilities of $0, net assets of $52k.