Boise Music Week

Analysis

Boise Music Week is a registered charity in United States, based in Boise, ID. It received its IRS tax-exemption ruling in October 1957, 69 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 August 2023, Boise Music Week reported income of $148k and spending of $129k, spending 87% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $121k to $148k (+23%), an average of +23% a year. The sharpest change came in the year to August 2023, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boise Music Week sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within ID. Charities of a similar size with the same main cause include Memphis Area Asbestos Workers Joint Apprenticeship and Training Progra ($148k), Nebraska Human Resources Research Foundation Inc ($148k) and Stella Roman Foundation ($148k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $347k against liabilities of $0, net assets of $347k.