Bagche Music Language and Art Inc

Analysis

Bagche Music Language and Art Inc is a registered charity in United States, based in South Grafton, MA. It received its IRS tax-exemption ruling in October 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 March 2024, Bagche Music Language and Art Inc reported income of $58k and spending of $63k, spending 110% of what it took in. Across the 2 years on record, from March 2023 to March 2024, income grew from $56k to $58k (+3.7%), an average of +3.7% a year. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bagche Music Language and Art Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 31st percentile within MA. Charities of a similar size with the same main cause include National Road Heritage Foundation ($58k), Society for the Preservation of Natural History Collections ($58k) and Center for Indian Classical Music of Houston ($58k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 9.2% and program service revenue 89% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.