Taos Chamber Music Group

Analysis

Taos Chamber Music Group is a registered charity in United States, based in El Prado, NM. It received its IRS tax-exemption ruling in July 1997, 29 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Taos Chamber Music Group reported income of $110k and spending of $146k, spending 133% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $126k to $110k (-13%), an average of -13% a year. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Taos Chamber Music Group 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 NM. Charities of a similar size with the same main cause include Top 20 Inc ($110k), Polk County Film Initiative Inc ($110k) and Lancaster Creative Reuse ($110k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 71% and program service revenue 22% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.