Music in Urban Schools Inspiring Change

Analysis

Music in Urban Schools Inspiring Change is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in July 2014, 12 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 in Urban Schools Inspiring Change reported income of $130k and spending of $99k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $130k (+66%), an average of +66% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 87% 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 in Urban Schools Inspiring Change sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Gloucester County Historical Society ($130k), Tangipahoa African American Heritage Museum & Veterans Archive ($130k) and California Federation of Mineralogical Societies Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $132k against liabilities of $99k, net assets of $32k.