Heritage High School Instrumental Music Foundation

Analysis

Heritage High School Instrumental Music Foundation is a registered charity in United States, based in Littleton, CO. It received its IRS tax-exemption ruling in November 2002, 24 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 June 2023, Heritage High School Instrumental Music Foundation reported income of $110k and spending of $112k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $104k to $110k (+5.8%), an average of +5.8% a year. Over the whole period it spent 100% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Heritage High School Instrumental Music Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 35th percentile within CO. Charities of a similar size with the same main cause include Sun City Marching Arts ($110k), Bold Dance Co ($110k) and Safos Dance Theatre ($110k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.