Southwest Music Education Association
Analysis
Southwest Music Education Association is a registered charity in United States, based in Chino Hills, CA. It received its IRS tax-exemption ruling in March 2016, 10 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 June 2024, Southwest Music Education Association reported income of $261k and spending of $244k, spending 94% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $231k to $261k (+13%), an average of +13% a year. Over the whole period it spent 90% of the income it received.
Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Southwest Music Education Association sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Telluride Blues Society a Colorado Non Profit Corporation ($261k), Sculpturetucson Org Inc ($261k) and Etm-Massachusetts Inc ($260k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $6,200 (2.5% of expenses). Other salaries and wages came to $25k. At year end it held assets of $182k against liabilities of $0, net assets of $182k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.3%
- Program services 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Telluride Blues Society a Colorado Non Profit Corporation | Telluride | $261k |
| Sculpturetucson Org Inc | Tucson | $261k |
| Etm-Massachusetts Inc | Boston | $260k |
| Utah Youth Symphony Association | Salt Lake Cty | $261k |