American Bach Soloists

Analysis

American Bach Soloists is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in July 2024, 2 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 June 2023, American Bach Soloists reported income of $1.1m and spending of $1.1m, spending 101% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $946k to $1.1m (+17%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 73%. Over the whole period it spent 115% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American Bach Soloists sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Experimental Sound Studio ($1.1m), Pangea World Theater ($1.1m) and Metanoia Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $240k (21% of expenses). Other salaries and wages came to $331k. At year end it held assets of $169k against liabilities of $829k, net assets of -$660k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.