Santa Fe Chamber Music Festival Endowment Foundation

Analysis

Santa Fe Chamber Music Festival Endowment Foundation is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in June 1993, 33 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Santa Fe Chamber Music Festival Endowment Foundation reported income of $478k and spending of $670k, spending 140% of what it took in. Across the 5 years on record, from October 2019 to October 2023, income fell from $3.3m to $478k (-86%), an average of -38% a year. The sharpest change came in the year to October 2022, when income rose by 762%. Over the whole period it spent 40% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Santa Fe Chamber Music Festival Endowment Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NM. Charities of a similar size with the same main cause include Rapides Symphony Orchestra ($478k), Parrhasian Heritage Foundation ($478k) and Society for History and Racial Equity ($478k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 37% of the total. At year end it held assets of $12.4m against liabilities of $235k, net assets of $12.1m.