Chamber Music on the Fox Inc

Analysis

Chamber Music on the Fox Inc is a registered charity in United States, based in Elgin, IL. It received its IRS tax-exemption ruling in April 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 June 2024, Chamber Music on the Fox Inc reported income of $136k and spending of $175k, spending 129% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income grew from $49k to $136k (+176%), an average of +66% a year. The sharpest change came in the year to June 2023, when income rose by 129%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chamber Music on the Fox 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 45th percentile within IL. Charities of a similar size with the same main cause include Universal Village Society Inc ($136k), Oak Grove High School Band Boosters ($136k) and None Too Fragile Inc ($136k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 53% of the total. At year end it held assets of $64k against liabilities of $4,441, net assets of $59k.