Music Mission San Francisco Corporation

Analysis

Music Mission San Francisco Corporation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in February 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Music Mission San Francisco Corporation reported income of $76k and spending of $43k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $42k to $76k (+80%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 80%. Over the whole period it spent 59% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Music Mission San Francisco Corporation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 32nd percentile within CA. Charities of a similar size with the same main cause include Untitled Theater Company No 61 Ltd ($76k), Wyoming Creative Arts Community Inc ($76k) and Downtown Edinboro Art & Music Festival ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.