The Lubbock Chorale

Analysis

The Lubbock Chorale is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in November 1979, 47 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 June 2024, The Lubbock Chorale reported income of $98k and spending of $97k, spending 99% of its income. Across the 2 years on record, from May 2023 to June 2024, income fell from $109k to $98k (-9.9%), an average of -9.9% a year. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Lubbock Chorale sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Axiom Quartet Inc ($98k), North Fork TV Festival Inc ($98k) and Brenham Maifest Association ($98k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 67% and program service revenue 17% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.