Yun International Music Foundation

Analysis

Yun International Music Foundation is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in April 2019, 7 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, Yun International Music Foundation reported income of $96k and spending of $75k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $96k (-25%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Yun International Music Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Cyberauto Challenge ($96k), Tri Valley Kannada Sangha -Tvks ($96k) and Thoreau Farm Trust Inc ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.