Art and Music Center Inc

Analysis

Art and Music Center Inc is a registered charity in United States, based in Rio Vista, CA. It received its IRS tax-exemption ruling in June 2016, 10 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 2022, Art and Music Center Inc reported income of $106k and spending of $114k, spending 108% of what it took in. Across the 2 years on record, from December 2018 to December 2022, income fell from $112k to $106k (-5.3%), an average of -5.3% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Art and Music Center Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within CA. Charities of a similar size with the same main cause include Sunbridge International Collaborative Inc ($106k), American Friends of the National Gallery of Ireland Inc ($106k) and Brave New World Repertory Theatre ($106k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $35k against liabilities of $0, net assets of $35k.