Feldman Chamber Music Society Inc

Analysis

Feldman Chamber Music Society Inc is a registered charity in United States, based in Norfolk, VA. It received its IRS tax-exemption ruling in May 1958, 68 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 2024, Feldman Chamber Music Society Inc reported income of $75k and spending of $68k, spending 90% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $55k to $75k (+37%), an average of +8.3% a year. The sharpest change came in the year to June 2022, when income rose by 232%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Feldman Chamber Music Society Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within VA. Charities of a similar size with the same main cause include Tacoma Music Collaborative ($75k), Pinelands Cultural Society ($75k) and Minter Field Air Museum Inc ($75k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 47% and program service revenue 40% of the total. At year end it held assets of $770k against liabilities of $1,830, net assets of $768k.