Decolonizing the Music Room

Analysis

Decolonizing the Music Room is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Decolonizing the Music Room reported income of $59k and spending of $76k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $81k to $59k (-27%), an average of -28% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 123% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Decolonizing the Music Room 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 24th percentile within TX. Charities of a similar size with the same main cause include Norma J Paschal Elementary School Parent Teacher Club ($59k), Rice Lake Elementary PTO ($59k) and Hastings Scottish Rite Foundation ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. At year end it held assets of $2,733 against liabilities of $168, net assets of $2,565.