Seven Mile Music

Analysis

Seven Mile Music is a registered charity in United States, based in Ann Arbor, MI. It received its IRS tax-exemption ruling in March 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, Seven Mile Music reported income of $210k and spending of $101k, leaving 52% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $108k to $210k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 51% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Seven Mile Music 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 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Sowing Seeds Health Inc ($210k), Orchestra Next ($210k) and Stagecoach Days Association ($210k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $60k. At year end it held assets of $244k against liabilities of $0, net assets of $244k.