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Roaring Fork Music Society Inc

RegisteredEIN 46-5333149Carbondale, COArts, culture, heritage and science
Income$135k2024-06
Spending$114ksame year
Spent / received92%2-year average
Size in its cause50th pctArts, culture, heritage and science
Exempt since2014Publicly supported organisat
Employees–latest return

Analysis

Roaring Fork Music Society Inc is a registered charity in United States, based in Carbondale, CO. It received its IRS tax-exemption ruling in October 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 June 2024, Roaring Fork Music Society Inc reported income of $135k and spending of $114k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $103k to $135k (+31%), an average of +31% a year. The sharpest change came in the year to June 2024, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Roaring Fork Music Society Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within CO. Charities of a similar size with the same main cause include Seattle Piano Institute ($135k), Real Men Charities Inc ($135k) and Arts Roc Inc ($135k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 87% and program service revenue 12% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.

Income and spending

$0$34k$68k$101k$135k2023 Income: $103,2972023 Spending: $104,62520232024 Income: $135,1962024 Spending: $113,7962024
IncomeSpending

Where the income comes from

  • Contributions & grants 87%
  • Program services 12%
  • Other 0.7%

Similar-sized charities, same cause

CharityLocationIncome
Seattle Piano InstituteSeattle$135k
Real Men Charities IncChicago$135k
Arts Roc IncPittsford$135k
Calaveras County Historical SocietySan Andreas$135k