Carolina Master Chorale Inc

Analysis

Carolina Master Chorale Inc is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in September 1984, 42 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, Carolina Master Chorale Inc reported income of $134k and spending of $123k, spending 91% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $118k to $134k (+14%), an average of +14% a year. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Carolina Master Chorale Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 50th percentile within SC. Charities of a similar size with the same main cause include Connecticut Council of Masajid ($134k), Buffalo Chamber Music Foundation ($134k) and 1890 House Museum and Center for the Arts ($134k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 75% and program service revenue 23% of the total. At year end it held assets of $186k against liabilities of $35k, net assets of $151k.