Note-Able Music Therapy Services

Analysis

Note-Able Music Therapy Services is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in November 2003, 23 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 June 2023, Note-Able Music Therapy Services reported income of $2.4m and spending of $883k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $502k to $2.4m (+370%), an average of +47% a year. The sharpest change came in the year to June 2022, when income rose by 190%. Over the whole period it spent 47% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Note-Able Music Therapy Services sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within NV. Charities of a similar size with the same main cause include Humanities Washington ($2.4m), San Antonio Philharmonic ($2.4m) and Programming Service for Public Television Inc ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $480k. At year end it held assets of $4.4m against liabilities of $896k, net assets of $3.5m. It reported 11 employees.