International Western Music Association Inc

Analysis

International Western Music Association Inc is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in August 1989, 37 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 2023, International Western Music Association Inc reported income of $155k and spending of $173k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $155k (-1.6%), an average of -1.6% a year. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Western Music Association Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 52nd percentile within TX. Charities of a similar size with the same main cause include Caseta-Center for the Advancement and Study of Early Texas Art ($155k), Little Theatre of Wilkes-Barre ($155k) and Equitable Vitrines ($155k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 45% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.