The Chamber Music Society of Little Rock Inc

Analysis

The Chamber Music Society of Little Rock Inc is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in December 1984, 42 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 December 2023, The Chamber Music Society of Little Rock Inc reported income of $77k and spending of $67k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $80k to $77k (-3.7%), an average of -1.0% a year. The sharpest change came in the year to December 2022, when income rose by 71%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Chamber Music Society of Little Rock Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within AR. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($77k), Copley Fairlawn Schools Music Boosters ($77k) and Pampa Community Concert Association Inc ($77k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 44% of the total. At year end it held assets of $110k against liabilities of $16k, net assets of $94k.