Early Music Foundation Inc

Analysis

Early Music Foundation Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Early Music Foundation Inc reported income of $215k and spending of $212k, spending 99% of its income. Across the 4 years on record, from June 2019 to June 2023, income fell from $224k to $215k (-4.0%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income dropped by 19%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Early Music Foundation Inc 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 53rd percentile within NY. Charities of a similar size with the same main cause include Visionbox Studio ($215k), Michigan Steam Engine & Threshers Club ($215k) and Henderson Music Preservation Society Inc ($215k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $30k (14% of expenses). Other salaries and wages came to $21k. At year end it held assets of $198k against liabilities of $12k, net assets of $187k. It reported 3 employees.