Musical Observations Inc

Analysis

Musical Observations Inc is a registered charity in United States, based in Rhinebeck, NY. It received its IRS tax-exemption ruling in January 1976, 50 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, Musical Observations Inc reported income of $105k and spending of $62k, leaving 41% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $87k to $105k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 148%. Over the whole period it spent 56% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Musical Observations Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within NY. Charities of a similar size with the same main cause include Chesapeake Film Festival ($105k), Empty Space Productions ($105k) and Jezebel Productions Inc ($105k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 0.9% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.