Community Music School of Santa Cruz

Analysis

Community Music School of Santa Cruz is a registered charity in United States, based in Santa Cruz, CA. It received its IRS tax-exemption ruling in July 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 December 2023, Community Music School of Santa Cruz reported income of $68k and spending of $72k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $14k to $68k (+391%), an average of +391% a year. The sharpest change came in the year to December 2023, when income rose by 391%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Community Music School of Santa Cruz sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include Swenson Memorial Museum of Stephens County Inc ($68k), Maple Street Chapel Preservation Society Inc ($68k) and Havens for the Arts Inc ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $32k against liabilities of $716, net assets of $31k.