Turkish & International Music Ensemble

Analysis

Turkish & International Music Ensemble is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in March 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 (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, Turkish & International Music Ensemble reported income of $60k and spending of $24k, leaving 60% of income unspent that year. Across the 4 years on record, from December 2018 to December 2023, income grew from $2,708 to $60k (+2109%), an average of +181% a year. The sharpest change came in the year to December 2023, when income rose by 19198%. Over the whole period it spent 46% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Turkish & International Music Ensemble sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within NY. Charities of a similar size with the same main cause include Friends of Historic Breckenridge ($60k), St Charles County Youth Orchestra Inc ($60k) and Rahma Islamic Center of Greater Houston Inc ($60k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.