Brain and Body Music Studio

Analysis

Brain and Body Music Studio is a registered charity in United States, based in Orange, CA. It received its IRS tax-exemption ruling in December 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 March 2024, Brain and Body Music Studio reported income of $68k and spending of $70k, spending 103% of its income. Across the 2 years on record, from March 2023 to March 2024, income grew from $68k to $68k (+1.4%), an average of +1.4% a year. 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, Brain and Body Music Studio sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within CA. Charities of a similar size with the same main cause include North London Mill Preservation Inc ($68k), Portland Tango Association Inc ($68k) and Alliance Franchaise of Sarasota Inc ($68k).

On its Form 990-EZ for the period ending March 2024, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.