Church Studio Music Foundation

Analysis

Church Studio Music Foundation is a registered charity in United States, based in Tulsa, OK. 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Church Studio Music Foundation reported income of $529k and spending of $437k, spending 83% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $412k to $529k (+28%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Church Studio Music Foundation sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OK. Charities of a similar size with the same main cause include Historic Germantown Preserved ($529k), Teen Arts New Jersey a NJ Nonprofit Corporation ($529k) and Seneca Falls Historical Society ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 73% of the total. Other salaries and wages came to $38k. At year end it held assets of $627k against liabilities of $1,840, net assets of $625k. It reported 1 employees.