Music Conservatory of Coeur D Alene Inc

Analysis

Music Conservatory of Coeur D Alene Inc is a registered charity in United States, based in Coeur D Alene, ID. 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 (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 Conservatory of Coeur D Alene Inc reported income of $207k and spending of $206k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $153k to $207k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. 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, Music Conservatory of Coeur D Alene Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within ID. Charities of a similar size with the same main cause include Bas Fisher Invitational ($207k), Historic Whidbey ($207k) and State Theater Preservation Society ($207k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 59% of the total. Other salaries and wages came to $125k. At year end it held assets of $93k against liabilities of $0, net assets of $93k.