Music for Humanity

Analysis

Music for Humanity is a registered charity in United States, based in Chester, NY. It received its IRS tax-exemption ruling in May 2007, 19 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 for Humanity reported income of $77k and spending of $68k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $77k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 89% 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 for Humanity sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 30th percentile within NY. Charities of a similar size with the same main cause include Florida Science Olympiad Incorporated ($77k), San Fernando Valley Philharmonic- Pops Orchestra Inc ($77k) and Mansfield-Richland Area Edu FNDTN Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 21% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.