Vocal Arts Society

Analysis

Vocal Arts Society is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in March 1991, 35 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, Vocal Arts Society reported income of $504k and spending of $438k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $401k to $504k (+25%), an average of +5.8% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Vocal Arts Society sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 44th percentile within DC. Charities of a similar size with the same main cause include Seven Stories Institute ($503k), California Preservation Foundation ($504k) and Free Mom Hugs Inc ($503k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $113k (26% of expenses). Other salaries and wages came to $14k. At year end it held assets of $2.3m against liabilities of $51k, net assets of $2.2m. It reported 4 employees.