Mid-City Community Music

Analysis

Mid-City Community Music is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Mid-City Community Music reported income of $634k and spending of $507k, leaving 20% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $186k to $634k (+241%), an average of +50% a year. The sharpest change came in the year to December 2022, when income rose by 168%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mid-City Community Music sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Sautee-Nacoochee Community Association Inc ($634k), Friends of Tucsons Birthplace Inc ($635k) and Mahchiwminahnahtik Chippewa and Cree Language Revitalization ($634k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $58k (11% of expenses). Other salaries and wages came to $206k. It paid $1,600 in professional fundraising fees. At year end it held assets of $712k against liabilities of $542k, net assets of $170k.