International Association of Music Libraries Archives &documentation

Analysis

International Association of Music Libraries Archives &documentation is a registered charity in United States, based in Queens VLG, NY. It received its IRS tax-exemption ruling in April 2018, 8 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 December 2023, International Association of Music Libraries Archives &documentation reported income of $192k and spending of $99k, leaving 48% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $111k to $192k (+73%), an average of +20% a year. The sharpest change came in the year to December 2022, when income rose by 119%. Over the whole period it spent 50% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, International Association of Music Libraries Archives &documentation sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Old Kia Kima Preservation Association Inc ($192k), Gabriel Chamber Ensemble ($192k) and Costume Connection ($192k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $11k (11% of expenses). At year end it held assets of $485k against liabilities of $0, net assets of $485k.