The Chamber Music Society of Fort Worth Incorporated

Analysis

The Chamber Music Society of Fort Worth Incorporated is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 1989, 37 years ago. 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 May 2023, The Chamber Music Society of Fort Worth Incorporated reported income of $216k and spending of $284k, spending 131% of what it took in. Across the 2 years on record, from May 2022 to May 2023, income fell from $252k to $216k (-14%), an average of -14% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Chamber Music Society of Fort Worth Incorporated sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Future Farmers of America and Its State Associations & Local Chapter ($216k), Simsbury Airport Association Inc ($216k) and South County History Center ($216k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 68% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $33k (11% of expenses). Other salaries and wages came to $12k. At year end it held assets of $312k against liabilities of $325, net assets of $312k. It reported 1 employees.