Sun Sounds Foundation

Analysis

Sun Sounds Foundation is a registered charity in United States, based in Tempe, AZ. It received its IRS tax-exemption ruling in July 2000, 26 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 June 2023, Sun Sounds Foundation reported income of $104k and spending of $82k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $89k to $104k (+16%), an average of +3.9% a year. The sharpest change came in the year to June 2022, when income rose by 104%. Over the whole period it spent 81% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Sun Sounds Foundation sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 35th percentile within AZ. Charities of a similar size with the same main cause include Concert Nova Inc ($104k), Spellbound Theatre Inc ($104k) and Tonto Community Concert Association ($104k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $249k against liabilities of $2,803, net assets of $247k.