Americana Music Academy Inc

Analysis

Americana Music Academy Inc is a registered charity in United States, based in Lawrence, KS. It received its IRS tax-exemption ruling in April 2002, 24 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, Americana Music Academy Inc reported income of $146k and spending of $165k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $160k to $146k (-9.0%), an average of -9.0% a year. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Americana Music Academy Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within KS. Charities of a similar size with the same main cause include Meadow Lakes Forum Inc ($146k), Thrive-Wise ($146k) and Hollywood Heritage ($146k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $29k against liabilities of $577, net assets of $29k.