Beethoven Maennerchor Inc

Analysis

Beethoven Maennerchor Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in December 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Beethoven Maennerchor Inc reported income of $183k and spending of $177k, spending 96% of its income. Across the 3 years on record, from December 2018 to December 2020, income fell from $285k to $183k (-36%), an average of -20% a year. The sharpest change came in the year to December 2020, when income dropped by 36%. Over the whole period it spent 109% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Beethoven Maennerchor Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Old Punta Gorda Inc ($183k), Orchestra New England Inc ($183k) and Moffett Field Historical Society ($183k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 6.5% and program service revenue 31% of the total. Other salaries and wages came to $35k. At year end it held assets of $1.0m against liabilities of $77k, net assets of $970k. It reported 1 employees.