Music Camps North Inc

Analysis

Music Camps North Inc is a registered charity in United States, based in Milford, CT. It received its IRS tax-exemption ruling in May 2017, 9 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 July 2023, Music Camps North Inc reported income of $129k and spending of $123k, spending 95% of its income. Across the 2 years on record, from July 2022 to July 2023, income fell from $193k to $129k (-33%), an average of -33% a year. The sharpest change came in the year to July 2023, when income dropped by 33%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Music Camps North Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Reunite Cultures Fund ($129k), Friends of Historic Sharon High School and Community Center ($129k) and The Arlington Chorale ($129k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. At year end it held assets of $88k against liabilities of $11k, net assets of $77k.