Make Music Nola

Analysis

Make Music Nola is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Make Music Nola reported income of $218k and spending of $249k, spending 114% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $190k to $218k (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Make Music Nola sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within LA. Charities of a similar size with the same main cause include Arts & Education at the Hoyt ($218k), 4 Circle Beyond Inc ($218k) and Lincoln Museum Inc ($218k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $89k (36% of expenses). Other salaries and wages came to $85k. At year end it held assets of $41k against liabilities of $0, net assets of $41k. It reported 7 employees.