Junior Art & Music

Analysis

Junior Art & Music is a registered charity in United States, based in Rowayton, CT. It received its IRS tax-exemption ruling in October 2017, 9 years ago. 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, Junior Art & Music reported income of $113k and spending of $30k, leaving 73% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $81k to $113k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Junior Art & Music sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within CT. Charities of a similar size with the same main cause include The John Douglas French Alzheimers Foundation ($113k), North Carolina Jazz Festival Inc ($113k) and The Arc for River Valley ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. At year end it held assets of $129k against liabilities of $28, net assets of $129k.