Alhambra Music Inc

Analysis

Alhambra Music Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in August 1995, 31 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 2024, Alhambra Music Inc reported income of $124k and spending of $115k, spending 93% of its income. Across the 3 years on record, from July 2022 to July 2024, income grew from $93k to $124k (+33%), an average of +15% a year. The sharpest change came in the year to July 2023, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alhambra Music Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within FL. Charities of a similar size with the same main cause include Museum of Mountain Flying ($124k), Center for Powder Metallurgy Technology ($124k) and Nobo Art District ($124k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 85% and program service revenue 6.5% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.