San Antonio Chamber Music Society

Analysis

San Antonio Chamber Music Society is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in April 1945, 81 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 June 2024, San Antonio Chamber Music Society reported income of $57k and spending of $83k, spending 145% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $79k to $57k (-27%), an average of -27% a year. The sharpest change came in the year to June 2024, when income dropped by 27%. Over the whole period it spent 130% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Antonio Chamber Music Society sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within TX. Charities of a similar size with the same main cause include Crystal Run Borrower Corporation II ($57k), PTA Utah Congress ($57k) and Badger Herald ($57k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 45% and program service revenue 26% of the total. At year end it held assets of $263k against liabilities of $14k, net assets of $249k.