Mariachi Craze

Analysis

Mariachi Craze is a registered charity in United States, based in El Paso, TX. It received its IRS tax-exemption ruling in May 2005, 21 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, Mariachi Craze reported income of $92k and spending of $88k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $92k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Mariachi Craze sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 37th percentile within TX. Charities of a similar size with the same main cause include Maui Classical Music Festival ($92k), Lynden Performing Arts Guild ($92k) and City of Georgetown Winyah Auditorium Corporation ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $9,575 against liabilities of $0, net assets of $9,575.