Chamber Music Society of Boulder

Analysis

Chamber Music Society of Boulder is a registered charity in United States, based in Boulder, CO. It received its IRS tax-exemption ruling in October 2005, 21 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Chamber Music Society of Boulder reported income of $150k and spending of $140k, spending 94% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $86k to $150k (+75%), an average of +75% a year. The sharpest change came in the year to July 2023, when income rose by 75%. Over the whole period it spent 110% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Chamber Music Society of Boulder sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within CO. Charities of a similar size with the same main cause include African American Cultural Center of Long Beach ($150k), Quincy Historical Society ($150k) and Friends Bulletin Corporation ($150k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 56% and program service revenue 45% of the total. At year end it held assets of $20k against liabilities of $4,980, net assets of $15k.