Kirk Horn Music Fund

Analysis

Kirk Horn Music Fund is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Kirk Horn Music Fund reported income of $53k and spending of $45k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $56k to $53k (-4.4%), an average of -4.4% a year. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Kirk Horn Music Fund sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within OH. Charities of a similar size with the same main cause include The Lillard Foundation ($53k), Friends of Ohio 4-H Shooting Sports ($53k) and Tualatin Lacrosse Club ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. Other salaries and wages came to $38k. At year end it held assets of $8,228 against liabilities of $0, net assets of $8,228.