Crossing Borders Music Collective

Analysis

Crossing Borders Music Collective is a registered charity in United States, based in Skokie, IL. It received its IRS tax-exemption ruling in May 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 2024, Crossing Borders Music Collective reported income of $138k and spending of $149k, spending 108% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $137k to $138k (+1.1%), an average of +1.1% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Crossing Borders Music Collective sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Society for Indian Music and Arts Inc ($138k), Irmanade Santissema Trinidad Watsonville ($138k) and Casa Grande Valley Historical Society Inc ($138k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.