String Quartet Society of Tuscaloosa Inc

Analysis

String Quartet Society of Tuscaloosa Inc is a registered charity in United States, based in Tuscaloosa, AL. It received its IRS tax-exemption ruling in August 1998, 28 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 December 2023, String Quartet Society of Tuscaloosa Inc reported income of $91k and spending of $69k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $34k to $91k (+165%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 516%. Over the whole period it spent 62% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, String Quartet Society of Tuscaloosa Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within AL. Charities of a similar size with the same main cause include 1750 Isle of Wight County Courthoouse Inc ($91k), Sharing Is Caring Foundation ($91k) and Naptown Philharmonic Orchestra Inc ($91k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $807k against liabilities of $0, net assets of $807k.