Monday Evening Concerts

Analysis

Monday Evening Concerts is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in October 2006, 20 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 2023, Monday Evening Concerts reported income of $285k and spending of $302k, spending 106% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $289k to $285k (-1.2%), an average of -1.2% a year. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Monday Evening Concerts sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within CA. Charities of a similar size with the same main cause include Rock to Recovery ($285k), Clarksville-Montgomery County Arts & Heritage Development Council ($285k) and American Comparative Literature Association ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.