Park City Chamber Music Society Inc

Analysis

Park City Chamber Music Society Inc is a registered charity in United States, based in Park City, UT. It received its IRS tax-exemption ruling in February 1990, 36 years ago. 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, Park City Chamber Music Society Inc reported income of $72k and spending of $98k, spending 136% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $72k (+28%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Park City Chamber Music Society Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within UT. Charities of a similar size with the same main cause include Yarbo Volunteer Fire Department ($72k), Penny Pinchers of Youngstown ($72k) and Catholic Charities Housing Las Villas Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 21% of the total. At year end it held assets of $12k against liabilities of $18k, net assets of -$5,495.