U I L Music Region 24

Analysis

U I L Music Region 24 is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in October 2001, 25 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 May 2024, U I L Music Region 24 reported income of $268k and spending of $246k, spending 92% of its income. Across the 4 years on record, from May 2020 to May 2024, income grew from $201k to $268k (+34%), an average of +10% a year. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, U I L Music Region 24 sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Wickford Art Association ($268k), Can Foundation ($268k) and Latinos in Heritage Conservation ($268k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $68k (28% of expenses). At year end it held assets of $83k against liabilities of $0, net assets of $83k. It reported 2 employees.