Philip Lorenz International Keyboard Concerts Inc

Analysis

Philip Lorenz International Keyboard Concerts Inc is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in February 1995, 31 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 July 2023, Philip Lorenz International Keyboard Concerts Inc reported income of $102k and spending of $78k, leaving 24% of income unspent that year. Across the 2 years on record, from July 2022 to July 2023, income grew from $95k to $102k (+7.4%), an average of +7.4% a year. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Philip Lorenz International Keyboard Concerts Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include The Fort Mill Community Playhouse Inc ($102k), 66-68 E 4th Street Entity Inc ($102k) and The International Association of Lorain ($102k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 58% and program service revenue 42% of the total. At year end it held assets of $177k against liabilities of $0, net assets of $177k.