Amelia Island Chamber Music Festival Inc

Analysis

Amelia Island Chamber Music Festival Inc is a registered charity in United States, based in Fern BCH, FL. It received its IRS tax-exemption ruling in March 2002, 24 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 July 2023, Amelia Island Chamber Music Festival Inc reported income of $579k and spending of $458k, leaving 21% of income unspent that year. Across the 4 years on record, from July 2020 to July 2023, income grew from $439k to $579k (+32%), an average of +9.7% a year. The sharpest change came in the year to July 2022, when income rose by 53%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Amelia Island Chamber Music Festival Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Wasatch Logan Arts Foundation ($579k), Adirondack Architectural Heritage ($579k) and Vapa Center ($579k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Other salaries and wages came to $125k. At year end it held assets of $707k against liabilities of $0, net assets of $707k. It reported 3 employees.