New Albany Music Parents Association

Analysis

New Albany Music Parents Association is a registered charity in United States, based in New Albany, OH. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, New Albany Music Parents Association reported income of $105k and spending of $107k, spending 102% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $43k to $105k (+144%), an average of +144% a year. The sharpest change came in the year to July 2024, when income rose by 144%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, New Albany Music Parents Association sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 38th percentile within OH. Charities of a similar size with the same main cause include Dma-Events Inc ($105k), Maccallum More Museum and Gardens ($105k) and The Memorial Hall Foundation Inc ($105k).

On its Form 990-EZ for the period ending July 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.