Blue Candlelight Music Series

Analysis

Blue Candlelight Music Series is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 2006, 20 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, Blue Candlelight Music Series reported income of $80k and spending of $63k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $82k to $80k (-1.5%), an average of -1.5% a year. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Blue Candlelight Music Series sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include Anchorage International Film Festival ($80k), Darrah Carr Dance Inc ($80k) and Kauakoko Foundation ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 37% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.