Columbus Music Commission

Analysis

Columbus Music Commission is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Columbus Music Commission reported income of $577k and spending of $539k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $266k to $577k (+117%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Columbus Music Commission sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include Community Compassion Outreach ($577k), Sheet Metal Workers Local No 4 Apprentice Training ($577k) and Doing Development Differently in Metro Detroit ($577k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $113k (21% of expenses). Other salaries and wages came to $122k. At year end it held assets of $189k against liabilities of $17k, net assets of $171k. It reported 3 employees.