Contemporary Chorale Inc

Analysis

Contemporary Chorale Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in September 1999, 27 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 June 2024, Contemporary Chorale Inc reported income of $89k and spending of $53k, leaving 41% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $48k to $89k (+86%), an average of +86% a year. The sharpest change came in the year to June 2024, when income rose by 86%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Contemporary Chorale Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within TX. Charities of a similar size with the same main cause include Tau Dance Theater ($89k), Portuguese Heritage Society of California Inc ($89k) and American Society of Civil Engineers ($89k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 74% and program service revenue 25% of the total. At year end it held assets of $54k against liabilities of $328, net assets of $53k.