Academy of Musical Performance

Analysis

Academy of Musical Performance is a registered charity in United States, based in Indio, CA. It received its IRS tax-exemption ruling in October 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, Academy of Musical Performance reported income of $272k and spending of $258k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $136k to $272k (+100%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 92%. Over the whole period it spent 107% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Academy of Musical Performance sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Friends of South Florida Music Inc ($272k), Belfast Curling Club Inc ($272k) and School of American Music ($272k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $148k. At year end it held assets of $60k against liabilities of $0, net assets of $60k. It reported 7 employees.