Music in Place

Analysis

Music in Place is a registered charity in United States, based in Sonoma, CA. It received its IRS tax-exemption ruling in January 2022, 4 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, Music in Place reported income of $327k and spending of $300k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $228k to $327k (+44%), an average of +44% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 86% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Music in Place sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include Goodhue County Historical Society ($327k), Friends of Bristol Valley Playhouse Foundation Inc ($327k) and Unison Learning Center Inc ($327k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.0% of the total. Compensation of current officers, directors and key employees was $76k (25% of expenses). Other salaries and wages came to $72k. It paid $25k in professional fundraising fees. At year end it held assets of $61k against liabilities of $0, net assets of $61k. It reported 3 employees.