Ritz Chamber Music Society Inc

Analysis

Ritz Chamber Music Society Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in March 2003, 23 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 September 2023, Ritz Chamber Music Society Inc reported income of $118k and spending of $124k, spending 105% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $85k to $118k (+39%), an average of +8.6% a year. The sharpest change came in the year to September 2023, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Ritz Chamber Music Society Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 45th percentile within FL. Charities of a similar size with the same main cause include Dance Theater of Florida Inc ($118k), Big Picture Initiative ($118k) and Northern Ohio Fine Arts Fund ($118k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $31k. At year end it held assets of $4,056 against liabilities of $3,605, net assets of $451. It reported 1 employees.