Teton Music School

Analysis

Teton Music School is a registered charity in United States, based in Jackson, WY. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Teton Music School reported income of $788k and spending of $728k, spending 92% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $483k to $788k (+63%), an average of +18% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Teton Music School sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within WY. Charities of a similar size with the same main cause include The Nest Academy Inc ($788k), In Colorado Initiative for Inclusive Higher Education ($788k) and Lagond Music School Inc ($788k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 36% and program service revenue 63% of the total. Compensation of current officers, directors and key employees was $125k (17% of expenses). Other salaries and wages came to $8,310. At year end it held assets of $280k against liabilities of $17k, net assets of $264k. It reported 4 employees.