The House of Songs

Analysis

The House of Songs is a registered charity in United States, based in Bentonville, AR. It received its IRS tax-exemption ruling in May 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 (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, The House of Songs reported income of $802k and spending of $603k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $959k to $802k (-16%), an average of -4.4% a year. The sharpest change came in the year to December 2021, when income rose by 65%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The House of Songs sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within AR. Charities of a similar size with the same main cause include Signal Return Inc ($801k), Arts Impact Incorporated ($802k) and Contra Tiempo ($801k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 3.6% of the total. Compensation of current officers, directors and key employees was $167k (28% of expenses). Other salaries and wages came to $58k. At year end it held assets of $335k against liabilities of $116k, net assets of $219k. It reported 2 employees.