Four Lakes Traditional Music Collective Inc

Analysis

Four Lakes Traditional Music Collective Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in November 2003, 23 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 September 2023, Four Lakes Traditional Music Collective Inc reported income of $111k and spending of $97k, spending 88% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $77k to $111k (+43%), an average of +43% a year. The sharpest change came in the year to September 2023, when income rose by 43%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Four Lakes Traditional Music Collective Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include Corinth Area Arts Council Inc ($111k), American Society of Comparative Law ($111k) and Majestic Theater Association ($111k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.