Los Alamos Concert Association

Analysis

Los Alamos Concert Association is a registered charity in United States, based in Los Alamos, NM. It received its IRS tax-exemption ruling in January 1977, 49 years ago. 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 June 2024, Los Alamos Concert Association reported income of $138k and spending of $156k, spending 113% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $133k to $138k (+4.1%), an average of +4.1% a year. Over the whole period it spent 134% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Los Alamos Concert Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 41st percentile within NM. Charities of a similar size with the same main cause include Omaha Area Board of Realtors Foundation ($138k), Art Pratt Foundation of Old Mission Rotary Club ($138k) and Wharton County Museum Association ($138k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 56% and program service revenue 41% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.