All Ages Music Portland

Analysis

All Ages Music Portland is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in November 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 December 2023, All Ages Music Portland reported income of $952k and spending of $744k, leaving 22% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $340k to $952k (+180%), an average of +41% a year. The sharpest change came in the year to December 2021, when income rose by 177%. Over the whole period it spent 76% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, All Ages Music Portland sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OR. Charities of a similar size with the same main cause include Land Grant University Tax Education Foundation Inc ($952k), Great Smoky Mountain Heritage Center Inc ($952k) and Hingham Historical Society ($952k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $75k (10% of expenses). Other salaries and wages came to $32k. At year end it held assets of $885k against liabilities of $18k, net assets of $867k. It reported 3 employees.