Making Music Matter Foundation

Analysis

Making Music Matter Foundation is a registered charity in United States, based in Henderson, NV. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Making Music Matter Foundation reported income of $139k and spending of $146k, spending 105% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $92k to $139k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. 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, Making Music Matter Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within NV. Charities of a similar size with the same main cause include Sierra Community Theatre ($139k), Phelps Community Historical Society ($139k) and Historic St Andrews Waterfront Partnership Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $8,503 against liabilities of $43k, net assets of -$34k.