Cedar City Music Arts Association

Analysis

Cedar City Music Arts Association is a registered charity in United States, based in Cedar City, UT. It received its IRS tax-exemption ruling in January 1987, 39 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, Cedar City Music Arts Association reported income of $72k and spending of $84k, spending 116% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $83k to $72k (-13%), an average of -13% a year. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cedar City Music Arts Association sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within UT. Charities of a similar size with the same main cause include Pulse Dance Company ($72k), Century Walk Corporation ($72k) and Washington Old Time Fiddlers Association ($72k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. At year end it held assets of $71k against liabilities of $0, net assets of $71k.