Music at St Albans

Analysis

Music at St Albans is a registered charity in United States, based in Davidson, NC. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Music at St Albans reported income of $92k and spending of $58k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $92k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 72% 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 at St Albans sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 32nd percentile within NC. Charities of a similar size with the same main cause include Coalition Advancing Technology and Innovation ($92k), Treasury Historical Association ($92k) and Chemical Engineering Division of Asee ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 20% of the total. At year end it held assets of $95k against liabilities of $0, net assets of $95k.