Chamber Music Society of Louisville Ky

Analysis

Chamber Music Society of Louisville Ky is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in December 1964, 62 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, Chamber Music Society of Louisville Ky reported income of $181k and spending of $71k, leaving 61% of income unspent that year. Across the 4 years on record, from June 2021 to June 2024, income fell from $237k to $181k (-23%), an average of -8.5% a year. The sharpest change came in the year to June 2024, when income rose by 310%. Over the whole period it spent 42% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chamber Music Society of Louisville Ky 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 52nd percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include Won Buddhism of America Inc ($181k), North East Emergency Distribution Services ($181k) and National Agricultural Alumni & Development Association Inc ($181k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 83% and program service revenue 12% of the total. At year end it held assets of $555k against liabilities of $0, net assets of $555k.