Berkshire Summer Music Inc

Analysis

Berkshire Summer Music Inc is a registered charity in United States, based in W Stockbridge, MA. It received its IRS tax-exemption ruling in May 2015, 11 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Berkshire Summer Music Inc reported income of $235k and spending of $254k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $208k to $235k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 293%. Over the whole period it spent 99% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Berkshire Summer Music Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 60th percentile within MA. Charities of a similar size with the same main cause include Regents of the University of Minnesota ($235k), Team Long Run ($235k) and Merge ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $52k (20% of expenses). Other salaries and wages came to $63k. At year end it held assets of $14k against liabilities of $3,650, net assets of $11k. It reported 36 employees.