Arundel Instrumental Music Association Inc

Analysis

Arundel Instrumental Music Association Inc is a registered charity in United States, based in Gambrills, MD. It received its IRS tax-exemption ruling in August 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Arundel Instrumental Music Association Inc reported income of $285k and spending of $314k, spending 110% of what it took in. Across the 3 years on record, from June 2019 to June 2024, income grew from $179k to $285k (+59%), an average of +26% a year. The sharpest change came in the year to June 2024, when income rose by 143%. Over the whole period it spent 104% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Arundel Instrumental Music Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Jewish Academy School of Fine Arts Inc ($285k), Tamra School Inc ($285k) and Alaquest Collaborative for Education ($285k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 17% and program service revenue 10% of the total. At year end it held assets of $15k against liabilities of $0, net assets of $15k.