Virginias Heritage Music Trail the Crooked Road Inc

Analysis

Virginias Heritage Music Trail the Crooked Road Inc is a registered charity in United States, based in Abingdon, VA. It received its IRS tax-exemption ruling in May 2005, 21 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 December 2023, Virginias Heritage Music Trail the Crooked Road Inc reported income of $300k and spending of $257k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $571k to $300k (-47%), an average of -15% a year. The sharpest change came in the year to December 2020, when income dropped by 58%. Over the whole period it spent 82% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Virginias Heritage Music Trail the Crooked Road Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include Sole Defined ($300k), Art and Culture Collective of Battle Creek ($300k) and The Queer Big Apple Corps Inc ($300k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 4.4% of the total. Other salaries and wages came to $107k. At year end it held assets of $312k against liabilities of $5,075, net assets of $306k. It reported 3 employees.