Association of Lutheran Church Musicians

Analysis

Association of Lutheran Church Musicians is a registered charity in United States, based in Valparaiso, IN. It received its IRS tax-exemption ruling in November 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 December 2023, Association of Lutheran Church Musicians reported income of $666k and spending of $710k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $603k to $666k (+10%), an average of +2.5% a year. The sharpest change came in the year to December 2022, when income rose by 44%. Over the whole period it spent 85% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Association of Lutheran Church Musicians sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Creative Visions ($666k), Citizens for Community Values Inc ($666k) and North Corktown Neighborhood Association ($666k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 24% of the total. Other salaries and wages came to $193k. At year end it held assets of $845k against liabilities of $3,005, net assets of $842k. It reported 5 employees.