Delirium Musicum

Analysis

Delirium Musicum is a registered charity in United States, based in Los Angeles, CA. 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 June 2023, Delirium Musicum reported income of $333k and spending of $284k, spending 85% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $239k to $333k (+39%), an average of +39% a year. The sharpest change came in the year to June 2023, when income rose by 39%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Delirium Musicum sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 66th percentile within CA. Charities of a similar size with the same main cause include Folsom Cultural Center ($333k), Historical Society of Early American Decoration Inc ($333k) and Navarro Council of the Arts Inc ($333k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $72k (25% of expenses). At year end it held assets of $183k against liabilities of $910, net assets of $182k.