Alice and Eleonore Schoenfeld International Music Society Inc

Analysis

Alice and Eleonore Schoenfeld International Music Society Inc is a registered charity in United States, based in Arcadia, CA. It received its IRS tax-exemption ruling in August 2017, 9 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Alice and Eleonore Schoenfeld International Music Society Inc reported income of $800k and spending of $638k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $562k to $800k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 266%. Over the whole period it spent 227% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alice and Eleonore Schoenfeld International Music Society Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Educational Center for Arts & Science ($800k), Pennsylvania Music Educators Association ($800k) and Traveling Players Ensemble Inc ($799k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $60k (9.4% of expenses). At year end it held assets of $1.2m against liabilities of $55k, net assets of $1.2m.