Art Song Magazine Inc

Analysis

Art Song Magazine Inc is a registered charity in United States, based in Rhinebeck, NY. It received its IRS tax-exemption ruling in February 2022, 4 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, Art Song Magazine Inc reported income of $102k and spending of $102k, spending 99% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $74k to $102k (+37%), an average of +37% a year. The sharpest change came in the year to June 2024, when income rose by 37%. Over the whole period it spent 98% 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 Song Magazine Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Community Concerts of the Grand Valley Inc ($102k), Pawnee County Fair Foundation ($102k) and Denver Chinese School ($102k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.