Northside Music School Inc

Analysis

Northside Music School Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2000, 26 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 school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Northside Music School Inc reported income of $134k and spending of $137k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4,280 to $134k (+3025%), an average of +136% a year. The sharpest change came in the year to December 2020, when income rose by 385%. Over the whole period it spent 106% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northside Music School Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Thrown Stone Theatre Company ($134k), Wagner Society of Southern Ca the Sherwin Sloan Foundation ($134k) and Music with Confidence ($134k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. At year end it held assets of $36k against liabilities of $86k, net assets of -$50k.