Melbourne Chamber Music Society Inc

Analysis

Melbourne Chamber Music Society Inc is a registered charity in United States, based in Indialantic, FL. It received its IRS tax-exemption ruling in November 1978, 48 years ago. 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 2024, Melbourne Chamber Music Society Inc reported income of $90k and spending of $75k, spending 84% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $81k to $90k (+10%), an average of +10% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Melbourne Chamber Music Society Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Michigan Municipal Association for Utility Issues ($90k), White Haven Area Community Library Inc ($90k) and Society of Mayflower Descendants in Commonwealth of Pennsylvania ($90k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 43% and program service revenue 43% of the total. At year end it held assets of $225k against liabilities of $0, net assets of $225k.