Musiclink Foundation

Analysis

Musiclink Foundation is a registered charity in United States, based in Arlington, VA. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Musiclink Foundation reported income of $118k and spending of $98k, spending 82% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $111k to $118k (+6.4%), an average of +6.4% a year. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Musiclink Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Averill Park Athletics Booster Club Inc ($118k), Peaks to Plains Suzuki Institute ($118k) and Latino Social Justice Foundation ($118k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.