Fulton Music Society Inc NFP

Analysis

Fulton Music Society Inc NFP is a registered charity in United States, based in Evanston, IL. It received its IRS tax-exemption ruling in February 2021, 5 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, Fulton Music Society Inc NFP reported income of $130k and spending of $121k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $130k (+10%), an average of +10% a year. Over the whole period it spent 98% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Fulton Music Society Inc NFP sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Superior Arts Youth Theater ($130k), Exeter Historical Society ($130k) and Souls Harbor Inc Main RD ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. At year end it held assets of $109k against liabilities of $0, net assets of $109k.