Harmony Street Society

Analysis

Harmony Street Society is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in November 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 (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, Harmony Street Society reported income of $90k and spending of $85k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $90k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Harmony Street Society sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within LA. Charities of a similar size with the same main cause include New Jersey Propane Education and Research Foundation ($90k), New York Museum of Transportation at Riverton ($90k) and Creative Theatre Experience Assoc ($90k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $4,541 against liabilities of $0, net assets of $4,541.