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Telluride Chamber Music Association

RegisteredEIN 74-2319709Telluride, COEducation and training
Income$170k2024-09
Spending$135ksame year
Spent / received85%3-year average
Size in its cause51st pctEducation and training
Exempt since1984Publicly supported organisat
Employees–latest return

Analysis

Telluride Chamber Music Association is a registered charity in United States, based in Telluride, CO. It received its IRS tax-exemption ruling in November 1984, 42 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2024, Telluride Chamber Music Association reported income of $170k and spending of $135k, leaving 21% of income unspent that year. Across the 3 years on record, from September 2022 to September 2024, income grew from $119k to $170k (+43%), an average of +20% a year. The sharpest change came in the year to September 2023, when income rose by 20%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Telluride Chamber Music Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within CO. Charities of a similar size with the same main cause include Oak Grove Band Boosters Inc ($170k), Cookeville Cosmetology School Inc ($170k) and Parents Engaging Parents ($170k).

On its Form 990-EZ for the period ending September 2024, revenue came from contributions and grants 77% and program service revenue 17% of the total. At year end it held assets of $133k against liabilities of $12k, net assets of $121k.

Income and spending

$0$42k$85k$127k$170k2022 Income: $118,6922022 Spending: $94,47720222023 Income: $142,6062023 Spending: $138,84020232024 Income: $169,8792024 Spending: $134,7932024
IncomeSpending

Where the income comes from

  • Contributions & grants 77%
  • Program services 17%
  • Other 5.6%

Similar-sized charities, same cause

CharityLocationIncome
Oak Grove Band Boosters IncHattiesburg$170k
Cookeville Cosmetology School IncCookeville$170k
Parents Engaging ParentsNewark$170k
Olympic High School Athleticbooster ClubCharlotte$170k