Repertoire International de Litterature Musicale Inc

Analysis

Repertoire International de Litterature Musicale Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in September 2001, 25 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, Repertoire International de Litterature Musicale Inc reported income of $4.8m and spending of $4.1m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.2m to $4.8m (+15%), an average of +3.5% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Repertoire International de Litterature Musicale Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 89th percentile within NY. Charities of a similar size with the same main cause include Stove Works Foundation ($4.8m), Woodmere Art Museum Inc ($4.8m) and GPS Education Partners Inc ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $372k (9.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $5.2m against liabilities of $498k, net assets of $4.7m.