Society for Indian Music and Arts Inc

Analysis

Society for Indian Music and Arts Inc is a registered charity in United States, based in Mechanicsburg, PA. It received its IRS tax-exemption ruling in May 2020, 6 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Society for Indian Music and Arts Inc reported income of $138k and spending of $132k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $138k (+1.7%), an average of +1.7% a year. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Society for Indian Music and Arts Inc 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 43rd percentile within PA. Charities of a similar size with the same main cause include Casa Grande Valley Historical Society Inc ($138k), Crossing Borders Music Collective ($138k) and Truckee Community Theater ($138k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 69% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.