Amateur Music Network

Analysis

Amateur Music Network is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in August 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 June 2024, Amateur Music Network reported income of $56k and spending of $78k, spending 139% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $74k to $56k (-24%), an average of -24% a year. The sharpest change came in the year to June 2024, when income dropped by 24%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Amateur Music Network sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 24th percentile within CA. Charities of a similar size with the same main cause include Portland Seniors Citizens ($56k), PTA California Congress of Parents Teachers & Students Inc ($56k) and American Inns of Court Foundation ($56k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $11k against liabilities of $32, net assets of $11k.