Center for Advanced Musical Studies

Analysis

Center for Advanced Musical Studies is a registered charity in United States, based in Hanover, NH. It received its IRS tax-exemption ruling in October 2004, 22 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, Center for Advanced Musical Studies reported income of $97k and spending of $109k, spending 113% of what it took in. Across the 2 years on record, from December 2019 to December 2023, income fell from $197k to $97k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 101% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Center for Advanced Musical Studies sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within NH. Charities of a similar size with the same main cause include Washington Square Association Music Fund ($97k), Viva Performing Arts Inc ($97k) and Central Connecticut Celtic Cultural Committe Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 5.3% of the total. At year end it held assets of $4,016 against liabilities of $0, net assets of $4,016.